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...
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...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Sept. 13, 2021 – End of summer vacations, kids returning to school, and typical seasonal slowdowns did not impact the continued hot housing market across the seven-county Denver metro area and state, according to the latest monthly market data and analysis from the Colorado Association of REALTORS® (CAR). Despite anticipated seasonal dips in new listings, under contracts and pending/solds held their own during...
REALTOR.com reports that Colorado Springs ZIP code 80916 (on the southeast side) is the nation’s “hottest” market for sales in the entire nation. The southeast side of the city outranks ZIP codes in Rochester, NY, and Boston, Mass. According to CAR’s July Market Trends Report, the median home price for homes in all of El Paso County is $450,000. In the 80916 ZIP code, the...
New data regarding Colorado’s ever-changing real estate market indicates a shift in pricing and inventory along the Front Range. Statewide, the latest numbers from the Colorado Association of Realtors show an increase in the inventory of active listings from June into July. In fact, the data highlights a healthy increase of about 1,600 listings between June and July. The city of Denver’s median...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Aug. 11, 2021 – From the fast-paced acceleration of the express lanes to the pump-your-brakes gridlock of metro-area highways and weekend mountain traffic, Colorado’s housing markets are demonstrating a similar range of activity, as well as buyer and seller behavior, according to the latest data and expert analysis from the Colorado Association of REALTORS® (CAR). July data, seasonal expectations, and forward-looking signs point...
Northern Colorado is short thousands of housing units, according to Crisafulli, and the Common Sense Institute estimates the number is over 175,000 statewide — a number that various people and local governments view as too low or too high. Either way, the deficit is contributing to double-digit percent price increases across the state and stressing out working class families looking for a...
Colorado Association of Realtors members are just as confused by what's going on as anyone else, as is clear from statements collected by the group. "If you speak to your local realtor, you will hear that perhaps the frenzy is slowing," notes Sunny Banka, who works in the Aurora area. "It is hard to tell if that is the typical July...