Colorado Association of REALTORS | Market Trends
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Market Trends

Colorado Homes Showed 32% Overall Price Appreciation in 2021

Posted on February 2, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing

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...

Fort Collins Prices See 17.4% Jump in 2021; Higher Interest Could Quell Demand

Posted on January 26, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

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...

Record-shattering housing market showed no seasonal differentiation in 2021 Astounding highs and lows likely to continue well into 2022

Posted on January 12, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

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...

Like everything else – Colorado’s housing market has a supply chain issue

Posted on December 10, 2021
Market Trends, Market Trends & Statistics, REALTOR® News

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...

Inventory Low, Median Price Up

Posted on December 10, 2021
Market Trends, Market Trends & Statistics, REALTOR® News

Statistics from CAR’s Market Trends report show 6,100 active listings in the Metro area in November, which is down 39% from November 2020. REALTORS® say that the market feels slow, just because there are fewer homes to sell. Aurora has 142 homes for sale, while Centennial has 20, and Durango has 62. The median sales price is $685,000, which is up 16 percent from...

CAR Receives Strong Performance Ratings Across Programs in 2021 Member Survey

Posted on December 1, 2021
Market Trends, REALTOR® News, Stats & Trends

CAR members had the opportunity to complete a survey in October of 2021 that included collecting data on member sentiment on CAR programs and services as well as the industry overall and the issues that impact their business most. Below are preliminary findings. Members give CAR consistently strong job approval ratings. Overall, 68 percent of members give CAR an A...

Housing Demand Not Slowed by Winter

Posted on December 1, 2021
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News

NAR data shows that national inventory decreased by 12% in October, and 82% of homes were sold in under a month. These two different forces, inventory and time on the market, are driving the sales climate, snowflakes or not. “While there are some that say we are overdue for a price correction, demand for housing is creating a hard bottom unlike what we saw...

October Stats Show Worse Inventory, Increased Median Price

Posted on November 12, 2021
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

CAR’s October 2021 Market Trends reports that the sales price of homes has increased 15% across Colorado since Oct. 2020. Mountain town inventory is down by as much as 41% compared to last year. “It seems the definition can sometimes change from month to month as a relative response to what a ‘normal’ house sells for,” said Durango REALTOR® Jarrod Nixon. He says that...

It’s All About That Pace – Housing Inventory and Buyer Demand Tug-of-War Rages On, Results in Additional Increases in Median Prices Statewide

Posted on November 10, 2021
Market Trends, Market Trends & Statistics, REALTOR® News

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – In most markets across the state, the pace of available inventory slowed in October and was quickly consumed by the insatiable demand that has come to define the Colorado housing market in 2021, according to the latest monthly market data and analysis from the Colorado Association of REALTORS®. “The pace at which homes are selling remains robust, but the dynamic has changed. In...

Denver Housing Market Has Minimal Price Decrease, Inventory Increase in Sept.

Posted on October 14, 2021
Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

Denver’s median sales price was slightly lower in September at $562,000, which is down from June’s $580,000, as inventory on the market increased. A recent FOX31 story used CAR’s monthly Market Trends to report on the latest trends: “Just before the pandemic began, homes were on the market an average seven weeks before they sold. Last month, they lasted two...

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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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