Stats & Trends Archives - Page 16 of 21 - Colorado Association of REALTORS
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Stats & Trends

Winter Mountain Trail. Colorado Mountain Trail Under the Snow. Breckenridge Colorado Area. Beautiful Sunny and Cold February Day.

2018 brought fewer sales, rising volume to Summit County’s real estate market

The Colorado Association of REALTORS has pegged 2018 as a year of "tremendous contrasts" across the state. Down to the zip code, location mattered as much as anything else. While some experts and economists have predicted a downturn in 2019, evidence of softening real estate markets was not universal across the state, according to the association. ### In Summit County, the total...

wooden house and dollars with the inscription "for sale". sale of property, home. affordable housing. sale of apartments. real estate agent services. realtor

Home sales slowed across most of Colorado in 2018

Despite drop in sales, median prices continued to climb   Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.   Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...

South Gateway Rock Formations at the Garden of the Gods Park in Colorado Springs Colorado after a fresh snowfall

Colorado real estate markets to vary locally in 2019

Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado.   While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...

Fall in the Colorado Maroon Lake and Colorful Forest. Yellow Aspen Trees. Aspen Colorado USA.

The Economic Impact of a Typical Home Sale in Colorado

The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.   The real estate industry accounted for $70,517 million or 20.4% of the gross state product...

Sunny Day in Denver Colorado United States. Downtown Denver City Skyline and the Blue Sky.

Colorado on top tier of ‘well-run’ states, but observers warn of growth challenges

A new national ranking of the best-managed states places Colorado in the top 10, but those who closely follow the state's economy say growth issues could make governing more of a challenge in the years ahead.   Several counties in the Front Range region have agreed to attempt to limit development through existing corridors, he said, and that will further drive up...

legal document for sale of real estate property in europe, with a gold-nibbed fountain pen and house keys

A glimpse into why Colorado Springs’ economy is attracting so many outsiders

The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.   Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...

Colorado developer builds single-family homes for under $250,000

Earlier this month, Oakwood unveiled its 24-home development off Pena Boulevard and 54th Avenue in Green Valley Ranch. The homes are priced around $230,000. While smaller than the average Denver home — roughly 1,200 to 1,400 square feet — buyers can choose a one- or two-car garage, the number of bathrooms, and from two to four bedrooms.   "The average price of...

Jobs Fuel Absorption; Vacancy Decreases

By Kyle Malnati CEO, Broker Owner Calibrate Real Estate   Denver’s apartment market has been in an Expansion Phase for 7 years, resulting in amazing appreciation for multifamily owners. Cary Bruteig, MAI, of Apartment Appraisers & Consultants has studied Denver apartment buildings for 25+ years. His firm has surveyed over 400,000 apartment units in 2,000 completed appraisals and/or market studies. Bruteig is...

Home with gated fencing and trees turning red for the fall

The Biggest Signs Colorado Housing Market Is Coming Back to Earth

The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change.   According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...

Glenwood Springs Colorado USA-June 20 2015. Aerial view of downtown Gleenwood Springs in the summer.

REALTORS® foresee decline despite strong GarCo market

Garfield County stands as a bright spot in the Colorado real estate market, which is dipping across the state, but the strong sales numbers may not last long. ### The number of Garfield County single-family home listings sold in September rose 5.9 percent compared to September 2017, while statewide single-family home sales dipped 15.2 percent in the same period. ### “The overall September numbers...