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 The rate of home price appreciation continued to slow in December. The median closed price for Denver Metro homes increased 3% compared to last year but decreased from November. Interest rate hikes, along with rising home prices kept affordability top of mind for home shoppers. The market continued to see a decline in home [...]
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 [...]
We are most certainly in a shifting marketplace. Here’s some items to note. Let’s start with the inventory. Inventory is up 188% since February 16, 2022. We are now at 3228 total units as of May 16, 2022. The number of new listings in April 2022 compared to April 2021 is up 5% year over [...]
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, compared 8,670 one year ago. The average price of a home in Denver today is [...]
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 sold and appreciation for the first 6 months of 2021. The number of homes closed in November 2019 was [...]
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 [...]
