Colorado Association of REALTORS | Market Trends & Statistics
912
archive,category,category-market-trends-statistics,category-912,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-7.5,vc_responsive

Market Trends & Statistics

House sellers re-engaged in January and buyers responded

Conditions set the stage for a busy, competitive spring market https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With the turn of the calendar and a dip in interest rates improving both attitude and buying power, sellers re-engaged, and buyers responded, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons across the state. The...

Interest rates defined 2023 housing market and will likely drive the story again in 2024

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Defining the 2023 Colorado housing market came down to one major factor: interest rates. No other single component of the housing equation had as far-reaching effects on the market as the Federal Reserve’s raising of the Federal Funds Rate, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from...

Buyers and sellers exercising patience as they hibernate through the winter

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – A combination of economic factors magnified the typical seasonal slowdown in the housing markets with new listings plummeting more than 25% across all property types in the seven-county Denver-metro area and statewide markets, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons across the state. And,...

Home Sales Drop Across Colorado as Mortgage Rates Continue to Stymie the Market

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite inventory beginning to reach healthier levels in select metro and mountain areas of the state, other markets are seeing reductions in inventory of up to -63% in some neighborhoods due to the lack of new listings, proving yet again that all real estate is local, according to the latest Market Trends Housing Report from the Colorado...

With slowing activity across the state, housing prices buoyed by luxury market sales

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite small increases in the overall inventory supply, higher mortgage interest rates continue to broaden the traditional seasonal slowdown in housing markets across the seven-county Denver metro area and in markets statewide. As a result, buyers willing to come off the sidelines have gained a little advantage and sellers, willing to sacrifice their 3.5% and lower interest...

Buyers and sellers settling into the new normal

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Whether in the seven-county Denver metro area or in housing markets statewide, continued higher mortgage interest rates have kept many buyers on the sidelines, as sellers face a growing pressure to adjust pricing and make concessions to get deals completed, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis...

Housing markets mellow with weakening prices and softening demand

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Temperatures ran hotter in July, but the housing market did not follow suit thanks to the continuation of elevated interest rates and a lighter inventory of active listings as more and more would-be sellers choose to sit on their low interest rate mortgages rather than move, according to the latest Market Trends Housing Report and analysis from...

Fast-paced spring housing market never arrived; Smaller pool of buyers starting to have a little more ‘fun’

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The typical fast-paced spring housing market just never materialized as higher interest rates and a less than eager group of potential sellers kept transactions limited and prices steady, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite the ongoing challenges, a smaller pool of buyers began to have ‘a...

Concert tickets or homes – the search is demanding, inventory limited, and prices are ticking up

For buyers and sellers, the trick is being ‘just right’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – If you thought finding tickets to Taylor Swift’s upcoming Denver concerts was a challenge, the search for homes in Colorado hasn’t gotten much easier either, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite a double-digit percentage bump in new...

Spring has sprung, minus the houses

Interest rates and market uncertainty push start of selling season back more than a month https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – In what would typically be a rush of new listings hitting the market in April for the start of the home buying and selling season, consumers on both sides of the transaction seem content to watch and wait, reluctant to make a move...