Market Trends & Statistics
Posted on
February 13, 2019
Kiss those years of double-digit annual home price gains goodbye. Depreciation has made a comeback in Boulder, Denver and Douglas counties, foreshadowing more widespread declines in the months ahead, according to a report Tuesday from the Colorado Association of REALTORS®.
“We are seeing a ton more properties come on the market, but not an increase in the number of sales,” said Matthew Leprino,...
Posted on
February 12, 2019
EAGLE COUNTY — The local real estate market was essentially flat from 2017 to 2018. That's the sign of a strong market. But local brokers say the valley could use more homes to buy and sell.
According to the Colorado Association of REALTORS®, the state in 2018 saw a slight decline in the number of homes sold. Eagle County saw that slight...
Posted on
February 12, 2019
ENGLEWOOD, CO. – Feb. 12, 2019 – When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado’s housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same...
Posted on
January 22, 2019
By Matthew Leprino
January 2019
There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood that it will...
Posted on
January 22, 2019
The Colorado Association of REALTORS has pegged 2018 as a year of "tremendous contrasts" across the state. Down to the zip code, location mattered as much as anything else. While some experts and economists have predicted a downturn in 2019, evidence of softening real estate markets was not universal across the state, according to the association.
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In Summit County, the total...
Posted on
January 16, 2019
Despite drop in sales, median prices continued to climb
Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.
Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...
Posted on
January 16, 2019
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado.
While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...
Posted on
January 11, 2019
A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019
ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...
Posted on
December 19, 2018
The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.
Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...
Posted on
December 14, 2018
We have reached cruising altitude
By Matthew Leprino
You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...
