Highlights: High mortgage rates and elevated home prices continue to impact the Denver metro housing market. The median price of a home increased by 2%, $580,000 total. There were 6% fewer closings this October when compared to … [Read more...]
So, How’s The Market | September 2023
Highlights September brought a seasonal slowdown in sales of homes in the Denver Metro Area. Closings were down 17% from last month and down 22% from September 2022. Prices remained stable from August to September. The price of … [Read more...]
So How’s the Market? – June 2023
Highlights: In June, the Denver Metro Area housing market experienced declines. This month there were 4,266 home listings closed, which is 20% less than this time last year and 1% less than last month. Fresh listings have been … [Read more...]
So How’s The Market? – May 2023
Highlights May 2023 Closings for May 2023 was the highest level since September 2022. This is a good trend, however, we would suggest a weakening a bit of the sold data per month moving through the summertime. The pending … [Read more...]
So How’s The Market? – April 2023
Highlights April 2023 Inventory levels were held in check in April as homeowners choose to stay in place in lieu of listing their homes for sale. The number of fresh home listings to hit the market was 29% lower than we saw this … [Read more...]
So How’s The Market? – March 2023
Highlights March 2023 The home buying and selling season is underway. REcolorado data shows increases in both fresh listings of homes for sale and closings. Meanwhile, homes were on the market for 16 fewer days compared to last … [Read more...]
So How’s The Market? – February 2023
Highlights February 2023 The Denver Metro housing market typically sees an increase in activity from January to February as the busy home buying and selling season gets underway. This year, according to REcolorado data, the … [Read more...]
2022 Annual Review and 2023 PREDICTIONS
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 … [Read more...]
“So How’s The Market?” – November 2022
Highlights -REcolorado data for November shows a housing market that is experiencing seasonal cooling as consumers prepare for the holidays. Demand for homes is lower than last year, as indicated by year-over-year decreases in closings and … [Read more...]
“So How’s The Market?”- October 2022
Highlights -October brought continued cooling for the Denver Metro housing market as both buyers and sellers were less active. As a result, we saw double-digit decreases in both closed and pending listings when compared to last year. These … [Read more...]