Market Trends Archives - Page 11 of 25 - Colorado Association of REALTORS
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Market Trends

Wooden house frame under construction, sunny day.

Developers working on affordable housing in Colorado’s mountains – Offer suggestions for pending wave of funding

The unprecedented housing crisis in Colorado will soon see an equally extraordinary flood of cash. In Colorado's high country, where affordable housing is a decades-long issue that exploded into a catastrophe last year, an army of developers on the front lines of a complex campaign to build workforce housing are ready to help guide the sudden influx of funding. Once the...

Sold sign in front of a house.

Denver Post: Buyer burnout a big concern in metro Denver’s heated housing market

The highly competitive market is forcing agents and buyers alike to get creative in their approach, which is introducing new strategies, said Kelly Moye a REALTOR® , who heads The Kelly Moye Team at Compass Real Estate in Broomfield and is representing the Paynes. For example, some buyers try to force their offers to the top of the stack by putting a...

Estes Park Trail Gazette: Colorado housing markets have a demand problem

Estes Park average home price up 22% year-over-year “The average sale price for a single-family home has jumped 21.9% compared to last year, townhouse/condos also saw an increase of 29.6%. While this is not quite as rapid of growth as other areas of Colorado, it is an incredible increase to the overall pricing in an already tight market. New listings are down...

Row of houses with mountain backdrop.

Colorado Housing Markets Have A Demand Problem

Double digit appreciation and over-asking price records shattered in this ‘new norm’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest data from the Colorado Association of REALTORS®...

Woman sitting on steps of house.

The Colorado Sun: As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are

Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter. For many older adult homeowners, the idea of downsizing or simply moving to a home where the design and layout — plus accompanying financial considerations — makes more sense has run up...

Rustic wooden house surrounded by trees.

Denver Post: Colorado’s housing market redefines Rocky Mountain high in April

Median price of a single-family home sold last month tops $500,000 The median of a single-family home sold in Colorado crossed above $500,000 for the first time ever in April and is running at an elevation 1.5 times higher than the U.S. median, according to a monthly update from the Colorado Association of Realtors. “For the short term, there is no calm in sight....

Snow-covered suburban houses with mountain backdrop.

Fort Collins, Greeley, Loveland/Berthoud and Longmont REALTORS® Commission Study on Metro Districts

Metro District Impacts on Housing Costs for Home Buyers1 The Study: The Fort Collins Board of REALTORS®, the Greeley Area REALTOR® Association, the Longmont Association of REALTORS® and the Loveland-Berthoud Association of REALTORS® commissioned Anderson Economic Group (AEG) to analyze how purchasing a home in a metro district impacts homebuyers in order to better educate our members and their clients. To our knowledge, this study is the first of...

House model with upward sales price arrow.

Westword: Median Colorado Single Family Home Price Tops $500K for First Time

Westword highlighted increasing home prices in Colorado, citing the Colorado Association of REALTORS' April Market Trends Report indicating the median price of a single-family home is over $500,000. Durango-area REALTOR Jarrod Nixon said, "Many industry experts believe there is no bubble. Instead, the demand for housing in the west, particularly in resort areas, is higher than ever due to the migration...

House with sold sign in front yard.

Denver Business Journal: What Homebuyers Are Up Against in the Denver Market Despite Inventory Boost

“Long ago, the ‘love letter’ was the way to romance a seller into accepting your offer – no more,” said Denver-area REALTOR® Matthew Leprino. “Today, the love letter comes in the form of a larger overall check and, in most cases, paying significantly more than a house may be worth at that snapshot in time. We [REALTORS®] have and hopefully will always continue...