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...
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But what is more concrete is that both Battlement Mesa and the town of Parachute do in fact have enough open space to fit the needs of the tight housing market of Garfield County. In most of Garfield County, the chances of finding a single-family home for less than $500,000 are slim to none. Latest data from the Colorado Realtors Association,...
REALTORS® seeing some signs of change in markets across Colorado https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – July 13, 2021 – A strong month for new listings in June helped give potential homebuyers a little hope and opportunity however, the volume of sales and homes going under contract continued to grow as well pushing the median sales price for single-family homes in the seven-county Denver metro area and statewide to record...
The unprecedented housing crisis in Colorado will soon see an equally extraordinary flood of cash. In Colorado's high country, where affordable housing is a decades-long issue that exploded into a catastrophe last year, an army of developers on the front lines of a complex campaign to build workforce housing are ready to help guide the sudden influx of funding. Once the...
Double digit appreciation and over-asking price records shattered in this ‘new norm’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest data from the Colorado Association of REALTORS®...