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 -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 homes going under contract. -Standing inventory, which is measured by the number of Active listings at the close [...]
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 metrics also saw month-over-month declines as we moved into the fall months. -The luxury market, defined as [...]
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Highlights -The housing market continued to slow in September. The number of new listings, contracts written, and closings all fell month over month and saw double-digit declines from September 2021. -The number of listings pending sale in September was 25% lower than last year and 17% lower than last month indicating the coming months could [...]
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 [...]
