REALTORS® across the state report the tides are turning in Colorado’s hot housing market, however, the prices are not, according to CAR’s April Market Trends report. In April, the statewide average home sales were $747,226 for a single-family home and $578,237 for a townhome or condo.
Summit County data showed that 81% of homes in the county were priced at over...
CAR's April Market Trends Report shows that interest rates are curbing the number of offers on homes. However, prices are staying about the same, and now the state and metro area median home prices are almost the same. Statewide, the median price is $600,000, versus $660,000 in the seven-county metro area.
According to CAR Spokesperson Sunny Banka of Aurora, "We are...
Despite challenges, REALTORS® across the state share signs of hope for more balance in the near future
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Rising interest rates and seasonal growth in inventory have
given some potential homebuyers a little larger window of opportunity while
others have decided to take a step back from the homebuying search as their
dollars just don’t go as far, according to the April...
CAR spokespeople are guessing when metro area average sales prices will hit the $1M mark. Matthew Leprino of Denver used CAR’s Market Trends to make his prediction. “With only an 8.84% increase required for the average to top $1 million,” he said, “at the current monthly rate of monthly appreciation at 3.2%, we will reach that milestone as we celebrate...
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...
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,...
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...
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...
Posted on
January 26, 2022
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...
Posted on
January 12, 2022
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...
