It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights Closings and Record-High Median Prices -October market activity surpassed what we’ve seen over the last two years. More homes closed in October than during the same month in both 2023 and 2022. The median closed price [...]
It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights Increased Buyer Activity -In August, buyer activity rose with 3,877 home contracts executed, a 10% increase from last year and 6% higher than July 2024. This uptick is driven by decreasing interest rates and a larger [...]
It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights In June, buyers added 5,750 new listings to the market, 6% more than last June. After five consecutive months of increased, the month-to-month metric for new listing decreased by 15%. Buyer activity saw an uptick in [...]
So, how is the market you may ask... We have the answer! Check out these statistics from the April 2024 Denver Metro Area Housing Market! Highlights April saw a significant jump in new listings, with over 6,095 new listings hitting the market. This is 26% increase in listings from last year at this time. This [...]
Want to know what the market looked like in March? Read on to learn more! Highlights In March, buyers continued to enter the market as 4,343 contracts were executed on homes. This is 8% more than last year and 33% more than last month. Homes spent a median of 12 days on the market before [...]
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 last year. Year to date, home sales in the Denver Metro area are down 19% from last year. [...]
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 homes increased only slightly, by 1% from last September. New listings went down by 5% from August [...]
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 contracts for June 15, 2023 was lower by 400 units against May 15, 2023. This predictor [...]
