Colorado Association of REALTORS | Stats & Trends

archive,paged,category,category-stats-trends,category-908,paged-10,category-paged-10,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-7.7.2,vc_responsive

Stats & Trends

2020 Forecast: Colorado Is Getting Older and Narrowing the Housing Gap, But Really Needs Middle-Wage Jobs

Posted on January 7, 2020

Construction, General, REALTOR® News, Residential Housing, Stats & Trends

Tamara Chuang, who covers business and economic issues for the Colorado Sun, recently wrote an article highlighting Colorado's economic and population growth over the past decade. Colorado's population is expected to hit 5,842,076 people in 2020, an increase of 1.5 million people over the past 20 years. Elizabeth Garner, Colorado's state demographer, says that while the state's population has grown...

Economic Impact of a Home Sale

Posted on December 20, 2019

Communities, REALTOR® News, Stats & Trends

How is the housing market in your state affecting the local economy? The National Association of REALTORS® recently released a report outlining the total economic impact of real estate related industries on the economy of each state, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage...

Boulder County Real Estate Market Likely Stay Stagnant into 2020

Posted on December 13, 2019

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

“Boulder County’s home prices are stuck in the snow and the wheels are spinning,” Boulder-area Realtor Kelly Moye stated in a Colorado Association of Realtors news release. “It’s like someone just held it in time and nothing changed. I think it’s a trend we are going to see continue, too.” “Wages aren’t keeping up with home prices in Boulder, so...

Colorado Springs, Fort Collins Make NAR List of 10 Markets Expected to Outperform Over the Next Three to Five Years

Posted on December 11, 2019

Communities, NAR, REALTOR® News, Stats & Trends

WASHINGTON (December 11, 2019) – The National Association of Realtors® identified 10 markets expected to outperform over the next three to five years. In alphabetical order, the markets are: Charleston, South CarolinaCharlotte, North CarolinaColorado Springs, ColoradoColumbus, OhioDallas-Fort Worth, TexasFort Collins, ColoradoLas Vegas, NevadaOgden, UtahRaleigh-Durham-Chapel Hill, North CarolinaTampa-St. Petersburg, Florida “Some markets are clearly positioned for exceptional longer-term performance due to their relative...

New Listings Drop 30 Percent Statewide; Low Inventory and Affordability Dominate Colorado’s 2019 Housing Market Story

Posted on December 11, 2019

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

Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Dec. 11, 2019 – With a 30 percent dip in new listings statewide between October and November, the low inventory story continues to drive nearly every market across the state, according to the latest monthly market data from the Colorado Association of REALTORS® (CAR). The months’ supply of inventory for both single-family...

Colorado Markets See Double-Digit Declines in Active Inventory

Posted on November 12, 2019

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

Wide range of local ingredients are flavoring housing markets across the metro area and state Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Nov. 12, 2019 – The anticipated seasonal slowdown in the housing market’s new listings has been met with strong pending/under contract numbers creating 13-20 percent declines in the inventory of active listings across the Denver-metro area and statewide,...

Springs Housing Market Stays Strong Amid Seasonal Challenges

Posted on October 29, 2019

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

“September 2019 was another strong month for the Colorado Springs-area housing market for single-family/patio homes,” Colorado Springs REALTOR Jay Gupta said. " “Our average sales price was $368,430, with the median sales price of $325,500, and a 1.5-month supply of inventory,” Gupta said. “Since buyers generally purchase properties offering competitive values, 42 percent of El Paso and 31 percent...

Boulder Housing Market Stays Steady

Posted on October 22, 2019

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

Kelly Moye, a Broomfield-based RE/MAX Alliance Realtor and former president of the Boulder Area Realtor Association, told the Boulder Daily Camera, “It’s staying really steady. There are no huge dips or increases in home prices.” Only when prices go down more than 3% do people begin to take notice, Moye said. Sellers received almost 99% of the listed price for...

September Housing Market Trends: Home Sales Decline as Colorado Housing Markets Work to Find Their Sweet Spot Amid Seasonal Challenges

Posted on October 10, 2019

Commercial Real Estate, Communities, Construction, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

Regional and Statewide Statistics Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Oct. 10, 2019 – Single-family home sales across the state fell more than 14 percent from August to September but remain up 9.1 percent over September 2018 in the seven-county Denver metro area and 5.3 percent statewide, according to the latest monthly market data from the Colorado Association of...

Fort Collins Home Prices Dip in August but Rents Keep Going Up

Posted on September 13, 2019

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

"There's still demand," said CAR Spokesperson Chris Hardy. "Sellers are still seeing competing offers on highly desirable property under $400,000, but instead of seeing 15 offers like they did in April 2018, they're now seeing three to four offers." Read the full Fort Collins Coloradan article. ...