Colorado Association of REALTORS | Market Trends

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Market Trends

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

Posted on April 12, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing, Stats & Trends

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...

More Expensive to Buy a Home Outside of Denver

Posted on March 23, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing

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...

MacKenzie Scott Makes $13.5 Gift to Habitat Denver

Posted on March 22, 2022

Community Giving, Market Trends, REALTOR® News

Habitat for Humanity of Metro Denver will receive its largest donation ever--$13.5 million—from author MacKenzie Scott. “It is a vote of confidence in the collective work of many people – homeowners, staff, board, donors, volunteers, and community partners,” said Habitat Director Heather Lafferty. CAR’s Market Trends showed the need for affordable housing: There were only 1,486 single-family homes listed for sale in the seven-county metro area...

Good News for Sellers in February

Posted on March 15, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

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,...

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

Posted on March 14, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

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...

Condos & Townhomes Market Sees Slower Price Increases in February

Posted on March 11, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News

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...

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

Posted on March 10, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

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...

Stay or Go in Estes Park

Posted on February 11, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing

“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...

January Tied December’s Low Inventory Record

Posted on February 10, 2022

Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News

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...

“Unprecedented” and “shocking,” REALTORS® running out of ways to describe state’s record low housing inventory