2021 was a record-setting year for real estate in the Denver Metro area. The Average Closed Price for a home surpassed the $610,000 mark, the average price of a single-family residence was 18% higher than we saw last year, and the average price of a multi-family/townhome/condo was 14% higher. Read on for a look back at more jaw-dropping market statistics from last year.
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If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market.
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In December, demand for homes was still strong in the Denver Metro Area as mortgage rates remained low and buyers quickly scooped up available inventory. Throughout the month, 4,616 homes were sold, a 12% decrease compared to last December and down 12% from last month. Homes spent an average of 18 days actively for sale in the MLS, six days fewer than last December and two days more than last month.
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We are just beginning to wrap our heads around the impacts of the Marshall Fires, which destroyed or damaged more than 1,000 homes in Boulder County and altered the lives of REcolorado customers, consumers, and employees who live in and around the impacted areas. Our thoughts go out to all those who have lost so much. At the same time, we’re also proud of how resilient our community can be, coming together to support our neighbors affected by the fire.
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Selling your house is no simple task. And when you sell on your own you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. Working with an agent is the best way to ensure you have an expert on your side to guide you at every turn. Here are just a few things a real estate agent will do to make sure you get the most out of your sale.
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Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year is expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring.
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With the abundance of garage door designs, it is important to make sure whatever you choose fits the home you have and upholds your lifestyle. Before any door installation, visualize your ideal garage and be sure look at all your options before making an informed decision on the style and material you want for your garage door.
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From neighborhood overviews to landscaping and gardening tips, here are the most popular REcolorado Home Blog posts you read this year.
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Is your green thumb itching to get back to your garden? Despite the warm weather, it’s still winter in Colorado. Take advantage of the season by planting winter vegetables and using containers or covers to protect your garden. Stephanie Smith, Lawnstarter, offers tips for winter gardening in Colorado.
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Home buyers in the Denver Metro area were out in force this November and as they searched for their dream homes they bookmarked their favorites. Take a look at five of the most-favorited homes for sale in November on REcolorado.com, real estate broker websites, and the REcolorado Client Portal.
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