Key findings from the April 2017 research report include:
Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state.
Median sales price for a single-family home in the Denver metro area hit another record high, $404,900.
Statewide, the median sales price for...
FOR IMMEDIATE RELEASE
Record low inventory and consistent sales
outweigh bump in new listings across Colorado’s housing market
https://coloradorealtors.com/market-trends/
Key findings from the February 2017 research report include:
30 percent increase in new statewide listings offset by strong sales and record low inventory
Statewide inventory down nearly 40 percent from one year ago
Active listings down 8 percent across the state from January to...
Restrictions on the Supply of Affordable, Entry-Level Housing in Colorado
March 2, 2017
EXECUTIVE SUMMARY
Over the last five years, home price increases in metro Denver have significantly outpaced price increases in the rental market. This has made it harder for potential buyers, particularly first-time buyers, to purchase homes. While demand for home ownership plummeted as a result of the Great Recession,...
Posted on
February 14, 2017
The statistics included in this article are provided by the National Association of REALTORS® and was posted in Economist Commentaries, by Scholastica (Gay) Cororaton, Research Economist on February 7, 2017.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for...
Posted on
February 14, 2017
Key findings from the January research report include:
Record-low inventory still dominates Colorado market
42 percent increase in January 2017 new listings over December 2016
Sold listings down 28 percent in January due to record-low inventory
Active listings remain at historic lows
Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes
ENGLEWOOD,...
Posted on
January 12, 2017
Market playing out low inventory, high demand theme.
While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...
Posted on
October 13, 2016
Median sales price for Colorado’s single-family homes dips for second time in three months while condominium/townhouse prices increase.
The median sales price of a single-family home in Colorado has dropped for the second time in the past three months to $336,700. The one percent dip comes on the heels of a flat August and a nearly 3 percent dip reflected in...
