Denver’s median sales price was slightly lower in September at $562,000, which is down from June’s $580,000, as inventory on the market increased. A recent FOX31 story used CAR’s monthly Market Trends to report on the latest trends: “Just before the pandemic began, homes were on the market an average seven weeks before they sold. Last month, they lasted two...
The seasonal slow-down in housing sales returned this year to Northern Colorado. REALTORS® saw the amount of home sales drop almost 20 percent from last year at the same time. There was also a slight decrease in the amount homebuyers are willing to pay over asking price. In September, they paid only 1.3 percent over the listed price. Fort Collins REALTOR® and CAR spokesperson Chris...
A study shows that record-breaking listings prices and low inventory aren’t just happening in the Denver metro area, and in fact, the opposite is true: Resort towns and other larger Colorado cities are showing the same if not more price gains. This includes cities like Colorado Springs, Pueblo, and cities in Mesa County and the Western Slope. Headwaters Economics, a research firm from Montana, conducted...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Oct. 12, 2021 – With new listings easily countered by the volume of closed and under contract properties, the median price of homes remains steady or has continued to rise in markets across the state, according to the latest monthly market data and analysis from the Colorado Association of REALTORS® (CAR). As a result, active listings in the seven-county Denver metro area...
“While quarantine-limited interaction and the return to ‘normal’ seems to be looming, the stigma of attached living appears, at least for now, to no longer be affected by worry and fear,” Denver-area REALTOR® Matthew Leprino reported in CAR’s monthly Market Trends report. CAR sends this monthly analysis to Colorado news outlets. Townhomes and condos are selling for an average sales price of...
Homeowners in Summit County can apply for money relating to wildfire mitigation expenses on their property. Summit REALTORS® and the Colorado Association of REALTORS® are offering to help homeowners cover the costs of tree and shrub removal in order to meet defensible space guidelines as defined by local fire districts. Grantees could have the work done this fall or wait until spring. The grant program’s goals...
Last week, Habitat for Humanity hosted a build for CEOs where our very own Tyrone Adams worked shoulder-to-shoulder with more than 50 other Colorado CEOs, including leadership from the Broncos and Coca Cola. Tyrone was joined by Melissa Maldonado from the South Metro Denver REALTOR® Association (SMDRA) and Ted Leighty from the Colorado Home Builders Association. The team of CEOs built trellises at a build site...
The Telluride Association of REALTORS® (TAR) is celebrating its 20th year of providing grants to residents so they can afford to buy a home in their own town. There are 155 TAR REALTORS® who are currently giving to the First Time Homebuyers Assistance Fund. Over the past two decades, TAR has disbursed $737,467, or about $3,000 per month. Tracy Boyce, a contributing REALTOR® says, “I...
We’d like to inform you that the Colorado Association of REALTORS® will be conducting a confidential survey of our members from Monday, October 4th through Sunday, October 17th. All members who complete the survey can choose to be entered to win one of five $100 gift cards. To ensure confidentiality, an independent research firm called American Strategies (www.amstrat.com) will conduct the survey on our behalf. You should receive...
US consumers said they were least prepared for wildfires and earthquakes in comparison to all types of natural disasters, and those who were involved in natural disasters feel like they could have been more prepared. The survey was commissioned by the consumer market research group Qualtrics and Value Penguin. The survey also details information regarding preparedness for emergency evacuations and the financial impacts of disasters....