Market Trends & Statistics
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...
Posted on
December 12, 2018
By Kyle Malnati
CEO, Broker Owner
Calibrate Real Estate
Denver’s apartment market has been in an Expansion Phase for 7 years, resulting in amazing appreciation for multifamily owners. Cary Bruteig, MAI, of Apartment Appraisers & Consultants has studied Denver apartment buildings for 25+ years. His firm has surveyed over 400,000 apartment units in 2,000 completed appraisals and/or market studies. Bruteig is...
Posted on
December 12, 2018
Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state
ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of the state...
Posted on
December 3, 2018
A study that found building net-zero homes costs not much more than standard homes changed the trajectory of a Pueblo housing project. Now, more than 5,000 net-zero ready homes are proposed for Colorado.
Pueblo has seen an uptick in new residents moving in from the Front Range looking for a home that’s “a little less expensive,” said Scott Hobson, an assistant...
Posted on
November 27, 2018
Affordability Index Retrospect
Index Over Time Shows a Complex Story Behind Affordability Issues in Colorado
By Matthew Leprino
You aren’t wrong. Living in Colorado isn’t exactly ‘affordable’ these days. Our incredible State has been evolving for some time now and the potency of that change is no clearer than in the lack of affordability of our real estate market. A relatively new statistic...
