Highlights February 2023 The Denver Metro housing market typically sees an increase in activity from January to February as the busy home buying and selling season gets underway. This year, according to REcolorado data, the number of new listings and closings increased month-to-month. Additionally, the number of listings that moved to Pending saw an uptick, [...]
Highlights January 2023 Denver Metro housing market experienced a strong start to the year. There was an uptick in both buyer and seller activity. The number of listings that moved from Active to Pending status increased nearly 50% from December, indicating increased closings in the upcoming months. closings will follow in the upcoming months. Although [...]
YEAR TO DATE With one month remaining in 2021 the Denver Metro housing market is on pace to have a record-breaking year in terms of both Closings and prices. New Listings are struggling to keep pace with demand and, as a result, available inventory has fallen to record low levels. The Average Closed Price for [...]
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 not shying away from higher priced homes. Year to date [...]
What Effect Has the Virus Had On Denver Real Estate? Average Price of both Single Family homes and Attached homes Year over Year in March has increased to $484,075, a 5.4% increase over March of 2019Inventory as of the start of April 2020 increased by 3.4% year over year. The number of homes closed in [...]
Photo of 10531 Montecito Drive, Lone Tree Mediamax Photography license Selling Secret #10: Pricing it right Find out what your home is worth, then shave 15 to 20 percent off the price. You’ll be stampeded by buyers with multiple bids — even in the worst markets — and they’ll bid up the price [...]
Market update for January 2020 Average Price of both Single-Family homes and Condominium Homes Year over Year in January was $464,263 vs. $451,098 in 2019, a 2.9% appreciation increase. We are starting see prices flattening as there was a meteoric rise of prices from 2013 through 2018 which is somewhat unsustainable after the 62%+ increase [...]
All data taken from ReColorado, on November 14, 2019. Denver, Colorado.Eight County Denver Metro Area Current Trends through October 2019 Has Denver’s Real Estate Market Gotten Very Expensive for the Average Buyer? Yes, here’s why! Average Price of Single Family homes and Condominium homes Year over Year in October was $477,265. We are seeing the [...]
