Highlights June metrics point to a significant shift in the market after policymakers approved the biggest interest rate hike in 28 years. Affordability became a significant consideration as the prospective monthly payment on a typical … [Read more...]
So, How’s The Market? May 2022
Highlights This month, sellers brought new inventory to the market to take advantage of high home prices. The market remains active as buyers continue writing contracts and closing on homes. Both the number of listings that moved to … [Read more...]
So How’s The Market? – April 2022
We are most certainly in a shifting marketplace. Here’s some items to note. Let’s start with the inventory. Inventory is up 188% since February 16, 2022. We are now at 3228 total units as of May 16, 2022. The number of new listings … [Read more...]
2021 Annual Update
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 2021
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 … [Read more...]
So, How’s The Market? October 2021
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 … [Read more...]
So, How’s The Market? September 2021
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 … [Read more...]
So, How’s The Market? August 2021
Denver housing market: The Good, The Bad, The Questions! Three Trends in Today’s Market The Denver housing market has reached record levels in pricing and is finally seeing inventory rise which will slow down the appreciation of … [Read more...]
So, How’s The Market? July 2021
Is The Denver Real Estate Market Starting to Cool Off? Average Price of a Single-Family Home Year over Year in June 2021 recorded an increase of price of 21.6% at $596,227. This growth is a result of coming out of the Pandemic in … [Read more...]
So How’s The Market? June 2021
June 2021 inventory of single family and attached units is at record lows of 2,749 total homes for sale in the 8 County Denver Metro Area.Pending contracts are a predictor of future closings - there are 7,717 homes pending to close, … [Read more...]