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 [...]
It's that time of the month again! Take a look at the Denver Metro Area market statistics. Highlights In May, seller's added 6,779 new listings to the market, 28% more than last May and 11% more than last month. This is the fifth month in a row of increasing listings. Buyers executed 4,221 contracts [...]
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: Buyer activity continued to see a seasonal decrease as we enter the winter months. Closings were down 9% from last year. Economists predict an increase in activity as mortgage rates normalize below 7%. Standing inventory has nearly reached pre-pandemic levels. Homes are staying on the market for a median of 24 days. Median home [...]
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 [...]
