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...]
So, How’s The Market? May 2021
How Hot is Denver’s Real Estate? It’s Sizzling! May 2021 inventory of single family and condo decreased 69.4% from a year ago. Total Active listings today in the 8 county Denver metro area is re 2,628 compared to 6,840, 12 months … [Read more...]
So How’s The Market? March 2021
Low Inventory and Low Rates are the Talk of the Real Estate Market Average Price of both Single Family homes and Attached homes Year over Year in February has increased to $553,231, a 14% increase. This increase is unsustainable and … [Read more...]
So, How’s the Market? February 2021
2021 Denver Real Estate Continues Its Aggressive Market Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $550,165 vs. $475,689 in 2020, a 16% appreciation over January of each year. So long … [Read more...]
2020 Annual Update
Denver Metro Area Single Family Housing • 58,565 single family and condominiums/townhomes sold in 2020 compared to 54,590 that sold in 2019 or a 7.3% increase in the number of homes closed. • At Year End 2020 there were 2,237 active … [Read more...]
So How’s The Market? December 2020
WANTED: Sellers Willing to Sell Fast & At Top-Dollar! Inventory for December 2020 decreased 50.56% over December 2019 from 6582 units in 2019 to 3259 units in 2020. The lack of inventory will continue to drive homes … [Read more...]