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 with an average price increase of 9.2% over last July 2019. The 2020 listing inventory is 36% lower this year than 12 months ago. As supply decreases, demand increases as most [...]
How Does 2020 Denver Real Estate Look? Are we in a Full Recovery for Real Estate? Average Price of a Single-Family Home has increased 2% YOY. Inventory between June 2019 and June 2020 decreased by 31.9%. Including the ‘Coming Soon’ category, the true inventory shows a decrease of 29.51%. The number of homes Pending in June 2019 versus [...]
May 2020 inventory of single family and condo decreased 18.8% from a year ago. Total Active listings today is reporting 6,132 compared to 7,556 twelve months ago. Due to the smaller number of buyers out in April due to the pandemic, the number of closed properties has decreased 44.1% from May 2019. However, the decrease [...]
Real Estate: Good Investment Or Opportunity Investment as a Result of the COVID-19 Virus? Average Price of both Single Family homes and Attached homes Year over Year in April has increased to $495,982, a 1.9% increase. Inventory from April 13th 2020 to May 14th 2020 has increased by 15%. This is the trend we should expect [...]
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 [...]
Will the Real Estate Market Change due to Virus Concerns? Average Price of both Single Family homes and Attached homes Year over Year in February has increased to $478,267 an 4.9% increase. Inventory as of the start of March 2020 decreased by 22.9% year over year. When supply goes down prices go……. And the market [...]
2019 Third Quarter Real Estate Review in Denver. • The first three quarters of 2019 for real estate in Denver, CO experienced a slowing of the market to more normal conditions vs. the hectic pace of the first three 3 quarters of 2018. The days of bidding wars for houses, prices rising [...]
All data taken from ReColorado, on August 15, 2019. Denver, Colorado.Eight County Denver Metro Area Current Trends through July 2019 Three Trends in Today’s Market The Denver housing market has reached record levels in pricing and is slowing down in appreciation. The 2019 data is showing some fragileness in upcoming trends in housing for Denver. [...]
