Market Trends & Statistics
Posted on
September 11, 2020
Pending Sales and Median Price hit all-time highs while Active Listings fall nearly 50 percent from a year ago
Marty Schechter for CAR
303-882-4585 cell marty@schechterpr.com
ENGLEWOOD, CO – Sept.
11, 2020 – In addition to record high temps throughout the month of August, the
statewide housing market continued its hot streak as well, setting new records
for pending/under contract properties and median sales price...
Posted on
September 8, 2020
WASHINGTON (September 1, 2020) – Forsyth County, Georgia, ranks as the top “Work from Home” county in the United States, according to a new report from the National Association of Realtors® measuring several factors of increasing relevance amidst the COVID-19 pandemic. Two Colorado counties – Douglas and Broomfield – appear in the top 10 at second and ninth, respectively.
NAR’s 2020 “Work...
Posted on
September 8, 2020
“That trend of being able to move away from being right next to your job, to being in the mountains and something absolutely beautiful and being able to play and have fun and get your work done, it’s a great combo,” Dana Cottrell, a Summit County-area REALTOR, told CBS 4 Denver.
“The single-family averages are pretty high here. A...
Posted on
August 18, 2020
USA Today reported on CAR's July 2020 Market Trends report. It notes, "Sales rose 15% from June and 21% from the previous July – before COVID-19 when the economy was rolling. Statewide the median home price rose a startling 4.5% in one month, to $443,925."
"There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it...
Posted on
August 18, 2020
“Buyers waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars,” said Colorado Springs-area REALTOR Jay Gupta in response to CAR's July 2020 Market Statistics Report.
As noted in the report, buyers snapped up a record 10,771 single family homes in Colorado in July.
Read the full Denver Post article.
...
Posted on
August 18, 2020
Fox Business reported on CAR's July 2020 Monthly Market Statistics Report which reported a record 10,771 single family homes were sold that month.
Colorado Springs-area REALTOR Jay Gupta said, "...
Posted on
August 12, 2020
“There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it all off,” said Colorado Springs-area REALTOR Patrick Muldoon.
Read the full article from CPR News.
...
Posted on
August 12, 2020
Contact: Marty Schechter for CAR
303-882-4585 cell marty@schechterpr.com
ENGLEWOOD, CO – Aug. 12, 2020 – A record number of single-family homes sold in July have shattered state records and driven median home prices to record highs as well, according to the latest monthly housing data from the Colorado Association of REALTORS® (CAR). Despite another strong month of new listings, a...
By Sarah Mulholland, CPR News
Statewide, the number of homes listed for sale in June fell 39 percent compared to the same time last year, according to a report from the Colorado Association of Realtors. Buyers are snapping up limited inventory now that stay-at-home orders are lifted, pushing the number of homes under contract up more than 30 percent — to...
By Carole VanSickle Ellis, REI Ink
It surprised no one that Denver, Colorado’s, housing market took a hit in spring 2020. After all, no market has been unaffected by the economic downturn the coronavirus pandemic brought on.
However, real-estate-related behavioral trends that emerged at the end of April when some “stay-at-home” restrictions were lifted in Colorado indicate a strong summer for residential...
