Market Trends & Statistics
Posted on
January 16, 2024
https://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...
Posted on
December 13, 2023
https://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,...
Posted on
November 10, 2023
https://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...
Posted on
October 11, 2023
https://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...
Posted on
September 13, 2023
https://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...
Posted on
August 10, 2023
https://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...
https://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...
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...
Interest rates and market uncertainty push start of selling season back more than a month
https://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...
In the Pikes Peak region, home sales fell in March on a year-over-year basis, continuing a downward trend that began in the second half of last year. And yet, sales and prices in March were up from February and at their highest levels in five months. Also, the pace of home construction —measured by permit activity — jumped in March...
