Highlights January 2023 Denver Metro housing market experienced a strong start to the year. There was an uptick in both buyer and seller activity. The number of listings that moved from Active to Pending status increased nearly 50% from December, indicating increased closings in the upcoming months. closings will follow in the upcoming months. Although [...]
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 [...]
Low Inventory, Low Interest Rates Creates Real Estate Excitement Four Market Trends • Listing Inventory is 39.2% lower today than 12 months ago. Normally we would see an increase of inventory as the housing market heads through the summer. A typical number is 6% growth in inventory from July to September • The number of [...]
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 [...]
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 [...]
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 [...]
2019 Third Quarter Real Estate Review in Denver. • The first three quarters of 2019 for real estate in Denver, CO experienced a slowing of the market to more normal conditions vs. the hectic pace of the first three 3 quarters of 2018. The days of bidding wars for houses, prices rising [...]
