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 2022 Denver real estate [...]
Highlights The rate of home price appreciation continued to slow in December. The median closed price for Denver Metro homes increased 3% compared to last year but decreased from November. Interest rate hikes, along with rising home prices kept affordability top of mind for home shoppers. The market continued to see a decline in home [...]
Highlights Affordability continues to be an obstacle for prospective home buyers in the Denver Metro area. Although we’ve seen prices cool since their peak in April 2022, the median closed price for a Denver Metro home is still 34% higher than we saw in February 2020 or pre-pandemic. The metric for standing inventory is indicating [...]
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 [...]
YEAR TO DATE With one month remaining in 2021 the Denver Metro housing market is on pace to have a record-breaking year in terms of both Closings and prices. New Listings are struggling to keep pace with demand and, as a result, available inventory has fallen to record low levels. The Average Closed Price for [...]
YEAR TO DATE After a surge during the summer months, home prices began to level off in the later part of the year. Still, they are 17% higher than we saw at this point in 2020. Thanks in part to favorable interest rates buyers are not shying away from higher priced homes. Year to date [...]
YEAR TO DATE Throughout the year, buyers have scooped up listings quickly, in less than 2 weeks on average. Year to date, more than half of available listing were under contract with a prospective buyer in 4 days or less. Home prices began to level off over the last couple of months. Still, they are [...]
YEAR TO DATE The ongoing trend of strong buyer activity has pushed the count of Closed Listings to the highest year-to-date level we have on record, 6% higher than we saw at this point in 2020. The number of New Listings is down by 4% from last year’s year-to-date count. Home prices continue to see [...]
