Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country. Existing home sales in the United States fell 3.4% in August from September to a seasonally adjusted annual rate of 5.15 million. Year-over-year, they are down 4.1%, according to an update Friday from...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – Oct. 10, 2018 – Colorado homebuyers may be feeling a little bit of relief as a combination of seasonal and market factors have helped to slow down the fast-paced, over asking price sales and hold steady or even drop the median sales price in many parts of the metro area and state. Yet, some of the state’s...
The median selling price remained near $200,000 and the share of available single-family homes slipped as the Pueblo area's housing market stayed hot through August. Last month's median selling price of $192,500 was up 10 percent from a year earlier, according to Colorado Association of REALTORS® data. In June, the median sales price jumped to $203,000, up 13 percent from the prior...
August housing reports from across the state reflected the same levels of diversity and at times extreme fluctuations of our Colorado weather at this time of year. For buyers and sellers alike, the message remains the same: understand what the conditions will be like in your neighborhood. While the market reflects springtime conditions in areas like Boulder and Broomfield counties, a...
The number of Colorado Springs-area homes for sale climbed to a two-year high last month, a sign that buyers finally might be in a better position in a housing market that’s favored sellers for the last few years, some real estate agents say. In August, 2,416 single-family and patio homes were listed for sale, a nearly 6 percent increase over the...
Denver's housing market is hot and everyone knows it. But how far does your dollar really go these days? Currently there are fewer homes for sale now compared with a year ago, and that low supply means higher prices. According to the Colorado Association of REALTORS®, the median home price in the Denver metro area was $440,000 in July, significantly more than the...
July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market. Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...
The red-hot housing market in Pueblo and other Colorado communities shows more signs of leveling or, possibly, starting to cool. "An early peak housing season (in April and May) has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions," the Colorado Association of REALTORS® said Friday in releasing the...
By Matthew Leprino The change you’ve been waiting for is here, but it may not be the one you’ve been expecting. Since 2008 and the subsequent recovery, many have been on the edges of their seats waiting for the doom, gloom and yes, opportunity that another bust may bring. Any sign of a change would be welcome as the market and the corresponding...