Highlights February 2022 The buyer’s market the Denver Metro area experienced in 2021 is continuing into 2022. Homes are flying off the market in just a few days and prices are continuing to increase. The median price of a home sold in February is 22% higher than last February. Sales of homes priced from $600-800,000 [...]
Highlights January 2022 Home prices remained strong, reflecting double-digit year-over-year gains thanks to strong buyer demand and inventory levels that remain at record low levels. The number of listings that closed in January was down 9% from January 2021 and lower than we’ve seen in January in since 2015. Buyer activity picked up during the [...]
The Denver 100 provides this Annual Real Estate Report as a service to our clientele and friends to give the current trends in the Denver residential real estate market and a resource to predict the future housing direction in our marketplace. In this post, you can find historical data from the 2021 Denver real estate [...]
What Effect Has the Virus Had On Denver Real Estate Over the Last Year? • Average Price of both Single Family homes and Attached homes Year over Year in March has increased to $578,123, a 14.9% increase over March of 2020• Inventory as of the start of April 2021 decreased by 75.9% year over year.• [...]
Low Inventory and Low Rates are the Talk of the Real Estate Market Average Price of both Single Family homes and Attached homes Year over Year in February has increased to $553,231, a 14% increase. This increase is unsustainable and will flatten by late summer 2021. Remember we had March, April and May of 2020 with [...]
2021 Denver Real Estate Continues Its Aggressive Market Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $550,165 vs. $475,689 in 2020, a 16% appreciation over January of each year. So long as the inventory is at very low numbers prices will continue to rise. Inventory for January 2021 decreased 12% [...]
Denver Metro Area Single Family Housing • 58,565 single family and condominiums/townhomes sold in 2020 compared to 54,590 that sold in 2019 or a 7.3% increase in the number of homes closed. • At Year End 2020 there were 2,237 active homes for sale compared to the end of 2019 which had 4,395 homes - [...]
How Does 2020 Denver Real Estate Look? Are we in a Full Recovery for Real Estate? Average Price of a Single-Family Home has increased 2% YOY. Inventory between June 2019 and June 2020 decreased by 31.9%. Including the ‘Coming Soon’ category, the true inventory shows a decrease of 29.51%. The number of homes Pending in June 2019 versus [...]
