What Effect Has the Virus Had On Denver Real Estate? Average Price of both Single Family homes and Attached homes Year over Year in March has increased to $484,075, a 5.4% increase over March of 2019Inventory as of the start of April 2020 increased by 3.4% year over year. The number of homes closed in [...]
As of March 25th, 2020, the Denver Metro Association of Realtors has announced that real estate has been deemed an essential service in Adams, Arapahoe, Douglas and Jefferson counties. While the Colorado order expires on April 11th - the stay-at-home order for Adams, Arapahoe, Douglas and Jefferson counties will last until April 17th. What This Means: [...]
Will the Real Estate Market Change due to Virus Concerns? Average Price of both Single Family homes and Attached homes Year over Year in February has increased to $478,267 an 4.9% increase. Inventory as of the start of March 2020 decreased by 22.9% year over year. When supply goes down prices go……. And the market [...]
Photo of 10531 Montecito Drive, Lone Tree Mediamax Photography license Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price [...]
Market update for January 2020 Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $464,263 vs. $451,098 in 2019, a 2.9% appreciation increase. We are starting see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the 62%+ increase [...]
Denver Metro Area Single Family Housing • 58,704 single family and condominiums sold in 2019 compared to 56,065 that sold in 2018 or a 4.71% increase in the number of homes closed. • At Year End 2019 there were 6,582 active homes for sale compared to the end of 2018 which had 6540 homes [...]
2019 Real Estate Update for December Average Price of both Single-Family homes and Condominium Homes Year over Year in November was $477,265 vs. $462,366 in 2018, a 3.2% appreciation increase. We are starting to see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the [...]
