Colorado Association of REALTORS | Market Trends
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Market Trends

March housing stats may look scary but could be most normal we’ve seen since pre pandemic

Posted on April 12, 2023
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – March housing numbers for the seven-county Denver metro area and statewide may look scary at first glance however, they may also be some of the most normal statistics and market conditions seen since the beginning of the pandemic, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). “Median sales prices...

Looking to rebalance, housing markets taking much needed breather

Posted on March 10, 2023
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With potential sellers sitting tight on their low interest rates and buyers skeptical of rising interest rates and reduced buying power, housing markets across the Denver metro area and state continued to take a much-needed breather in the month of February, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS®...

Metro Home Prices Drop After Two Years of Growth

Posted on March 2, 2023
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

After two years of unprecedented growth, the median sales price of a single-family home stayed the same in Colorado but dropped in Metro Denver, though barely. In January 2023, the median sale price was $569,804, down 1.4% from a year ago. Some parts of the state saw an increase in January. In January, the median price of a single-family home in...

Mortgage Rates Rise on Signs of Strong Economic Growth

Posted on March 2, 2023
Market Trends, Market Trends & Statistics, NAR, REALTOR® News, Residential Housing, Stats & Trends

As borrowing costs increase, rate dispersion among lenders is growing. Your clients could save up to $1,200 annually by shopping around, experts say. Mortgage rates are inching up, with the 30-year fixed-rate loan increasing to a 6.5% average last  week, Freddie Mac reports. Homeownership remains attainable for Americans who can afford a 20% down payment and a monthly mortgage payment of...

Homes stay on market longer, prices flatten as buyers and sellers wait out rate hikes

Posted on February 13, 2023
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Both home buyers and sellers continue to feel the effects of the Federal Reserve’s interest rate hikes designed to help curb inflation and slow the market, according to the January 2023 Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Housing prices across the seven-county Denver-metro area and state continued to fall slightly...

New Data Suggests Market Slowdown May Be Ending

Posted on January 31, 2023
Market Trends, Market Trends & Statistics, NAR, REALTOR® News, REALTORS® in the News

Nationally, pending home sales increased for the first time in six months, and new home sales and mortgage applications are rising. New housing data offers hope that the market slowdown may be short lived. Nationally, pending home sales rose 2.5% in December, ending a six-month slide, the National Association of REALTORS® reported last week. New-home sales also rose 2.3% last month,...

2022: A year of change in real estate

Posted on January 12, 2023
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

A long-term, frenzied housing market shifts in second half of 2022 https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The robust, fast-paced real estate market that has dominated Colorado for the past several years and into the first half of 2022 changed significantly in the second half of the year and was punctuated by a December freeze that saw new listings fall to all-time lows statewide,...

Colorado Market Continues Its Slowdown

Posted on December 13, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News

The typical seasonal slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers. While there is still a sound and growing number of opportunities for buyers, the activity and pace of eager buyers and sellers have taken a much-needed break. The slowdown can be seen across multitude...

Buyers and sellers shelter in place as home sales slow across the state

Posted on December 12, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Although increases in inventory are helping to restock what were nearly empty cupboards across the Denver metro and statewide housing markets over the past few years, the typical year-end housing slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers, according to the...

Smaller Real Estate Markets Seeing Fewer Changes

Posted on November 22, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing

REALTORS® from the northernmost Colorado counties are still seeing the same number of listings despite other areas of the state, according to October’s Market Trends reports. Statewide, the number of new listings dropped 20% from September to October 2022. There is a different story to tell in Morgan County. The number of days on the market is taking longer, however, the average...

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The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 26,000 REALTOR® members across the state. Read More

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