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? | July 2023
Highlights: The housing market in the Denver metro area stayed constrained in July. When compared to last year, closing were down by 14%. In July, there are typically fewer closings due to summer vacations and the July 4th holiday. … [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? 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? 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? April 2021
What Effect Has the Virus Had On Denver Real Estate Over the Last Year? • Average Price of both Single Family homes and Attached homes Year over Year in March has increased to $578,123, a 14.9% increase over March of 2020• Inventory as … [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...]