Market Trends & Statistics Archives - Page 9 of 27 - Colorado Association of REALTORS
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Market Trends & Statistics

Rising graph with miniature houses on top.

March spike in new listings does little to offset home buying demand, record appreciation, and sale price

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – A much-needed spike in new listings from February to March did little to quell the continued insatiable appetite for housing in markets across the state, according to the March 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. New single-family listings in the seven-county Denver metro area rose 47.5% percent from February to March 2022, while statewide new listings...

Aerial view of suburban neighborhood and mountains.

More Expensive to Buy a Home Outside of Denver

In February, CAR’s Market Trends showed that a home in Douglas County, Colo., is selling for a median price of $706,000, while Denver’s prices are at $659,0000. Jeffco and Broomfield home prices are also higher than Denver. Adams County comes in with a lower price point at $550,000. Some speculate that low inventory in Denver and people’s ability to work...

Good News for Sellers in February

CAR released its monthly Market Trends report for February. It showed the median home price in the Denver area is $555,548 which is up 20% from last year. Buyers are still looking for all price points. “Yes, there’s more competition,” said CAR Spokesperson Matthew Leprino, “and they (buyers) have to give up more concessions than they did in the past,...

Aerial view of suburban neighborhood in winter.

Boulder/Broomfield REALTOR® Gives Advice While Fort Collins REALTOR® Sees Increased Listings & Prices

CAR Market Trends for February 2022 showed Boulder and Broomfield Counties with 14% fewer listings than January while Fort Collins boasts 90 listings in early March, compared to 144 for all of February.  Two CAR spokespeople shared that preparation is key no matter where you live. “In Boulder and Broomfield counties, the listings continue to disappear, and the buyers are still coming out of the woodwork...

Modern apartment building with street view.

Condos & Townhomes Market Sees Slower Price Increases in February

The median price for condos and townhomes in Denver is growing at a slower rate than single-family homes. Condos and townhomes, a historically more affordable type of home, has still increased in price by 3.5%. And some condos are selling for 103.2% above the asking price. When that increase is compared to the same statistic for single-family homes at an increase of 20 percent, there...

Deer in grassy field overlooking suburban houses.

Record breaking highs and lows challenge housing buyers statewide as supply disappears

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With the inventory of active listings down 40% to more than 70% in markets across the state compared to a year ago, potential home buyers are facing record-setting appreciation and median pricing in the face of all-time lows in active listings and months supply of inventory, according to the February 2022 Housing Reports from the Colorado Association of REALTORS®. Despite a month...

City skyline with modern buildings and trees.

Numbers of People Moving to Colorado Lower Than You Think

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...

Welcome sign at Estes Park entrance.

Stay or Go in Estes Park

“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...

House with sold sign in front yard.

Housing Inventory Hits ‘shocking’ Low in January

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...

Suburban landscape with distant mountain view.

January Tied December’s Low Inventory Record

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...