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.
Read More
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.
Read More
With only one month remaining in 2021, the housing market in the Denver Metro area is on pace to break records in terms of both closings and prices. The Average Closed Price for a home is now $627,945 and the number of homes that were purchased in November is 5,169.
Read More
Denver Metro home closings in October continued to cool down with closings down 18% compared to last year and down 4% compared to September. However, October also saw a record-high number of listings in Pending status, up 9% from last month and 1% higher than last year, which signals that we’ll likely see a strong number of home sales as we close out the year.
Read More
Last month, home shoppers searched for their Colorado dream homes and marked their favorites along the way! Take a look at five of the most favorited listings from September 2021.
Read More
As we transition into fall, both the weather and number of home closings began to cool slightly according to REcolorado market data. However, homes are still moving off the market at a brisk pace.
Read More
As another school year begins, real estate activity is showing an expected seasonal slowdown compared to the busy summer months for most homebuyers and sellers. Year-over-year comparisons also reflect decreases due to the fact that the housing market was very active in August 2020 as the economy recovered from the coronavirus pandemic.
Read More
Greater Denver Metro Counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park. Summer saw strong buyer activity continue to push the market to record-breaking limits, July cooled off only slightly to welcome in the long July 4th holiday weekend. Last month the number of homes closed was 17% fewer than […]
Read More
This month we are sharing the ten most liked properties from July! Of these 10 properties, 80% were ranch style homes. These homes are spread throughout the Denver Metro Area, showcasing a variety of homes in a variety of neighborhoods! A common thread we found in this month’s batch of favorite properties were all but […]
Read More
2021 has been one of the busiest years on record as standing home inventory remains low and homebuyers are still out in full force. June continued to see homes move quickly from New Listing to Pending status, keeping inventory levels seemingly low. Last June, the Denver housing market had five weeks of home inventory, this summer we have consistently averaged two weeks […]
Read More