Market Trends & Statistics
Posted on
February 23, 2022
Although the cost of a single-family home in El
Paso County has almost doubled since 2016, according to the January CAR Market
Trends report, the state demographer Elizabeth Garner says we lost some of
Colorado’s population in 2020. Garner says to look at building more homes. “How
do we bring in more housing at that affordable level? And it is not just
affordable, it's like...
Posted on
February 11, 2022
“There are plenty of thought-provoking choices to make in
life--more so when you take a glance at predictions and numbers that can relate
back to your or your client’s livelihoods,” said Estes Park REALTOR® and CAR
Spokesperson Abbey Pontius. In Estes Park, the average sales price of a single-family
home is $583,367, and townhomes and condos are at $393,000. “This amount of
money will have...
Posted on
February 10, 2022
Since January 2021, the number of homes for sale has dropped by almost half for the same time in 2022. According to CAR’s Market Trends Report, across Colorado there are 4,151 single-family properties listed, which is a 44.5% decrease. CAR Spokesperson Kelly Moye said there are “…eight new listings for the entire month of January in Broomfield. Eight listings. That...
Posted on
February 10, 2022
Highs and lows continue in the housing market in Colorado. “We
have tied last month for the historic, lowest amount of inventory on
record," said Matt Leprino, CAR spokesperson. Denver had 1,400 homes for
sale for Dec. 2021 and Jan. 2022, which is a 60 percent reduction from last
year at this time. “The median home price went up 19% in just one year...
Posted on
February 10, 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Despite a nice, but expected seasonal uptick in the
number of new listings that came to the Colorado housing market in January, a
strong month of pending/under contract activity quickly gobbled up available
inventory, once again keeping active buyers pushing the limits of their budgets
and patience, according to the January data from the Colorado Association of
REALTORS®.
While the volume of...
Posted on
February 2, 2022
New Coloradoans and the state’s stay-at-home orders during
the pandemic have combined to form an unprecedented amount of growth in home
values and scarcity in 2021, according to CAR’s 2021 Year-End Market Trends
Report. The overall median single-family home price across Colorado went up 32%
between 2019 and 2021. “In 2019, we were starting to see a plateau in the real
estate market with appreciation...
Posted on
January 26, 2022
Despite the historic jump in prices seen in 2021, the dizzying pace at which homes are selling for over the asking price with multiple offers in a short time frame could lessen if the interest rates go up.
“An uptick is probably good for the market to quell rampant appreciation," said CAR spokesperson Chris Hardy. "But for some folks it...
Posted on
January 12, 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Record-low inventory combined with insatiable buyer demand drove housing prices to record highs in markets across Colorado in 2021, according to the December data and year-end analysis from the Colorado Association of REALTORS®. The resulting activity, prevalent from January through the end of the year in markets across the state, made it nearly impossible to define any...
Posted on
January 7, 2022
A new art exhibit at the Aurora History Museum depicts the lives of those who are living in hotels or their cars, in addition to those living on the street. The goal of the exhibit is to show the reality and humanity of the homeless. Housing insecurity has increased in Aurora where CAR reports show the median sale price of...
Posted on
December 10, 2021
Record setting lows in
housing inventory once again push median pricing to new
highs, magnifying issues of affordability
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – It
seems everywhere we turn these days, there is a supply chain issue. No matter
the size or scope of the product and services in demand, the supply chain is often
the culprit in any effort to meet consumer wants and needs.
Colorado’s housing
market...