Colorado Association of REALTORS | buying
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buying Tag

Typical fall slowdown or has Colorado housing market reached a plateau?

Answers may not be known until spring season https://coloradorealtors.com/market-trends/   ENGLEWOOD, Colo. – Oct. 11, 2017 – While the first measurable snowfall of the season just hit Colorado’s front range, experts in Colorado’s real estate industry are already turning their attention to spring 2018 for potential answers to the growing list of questions surrounding the state’s residential real estate market. Traditional fall slowdowns are...

Amazon in Denver? A Look at Housing Implications

CAR spokesperson Kelly Moye spoke with Next on 9News to discuss housing implications of Amazon building a second headquarters in the metro area. See the full story on 9News.com.   DENVER - Gridlocked roads, high housing prices, crowded restaurants, disappearing beautiful scenery.   It sounds like Denver, but it’s a description of Seattle, Amazon’s current headquarters.   After Amazon announced it’s looking to build a second headquarters outside of Seattle...

More Than a Seasonal Slowdown?

Buyer interest remains however, low inventory, steady housing prices continue to dictate state’s housing market.   ENGLEWOOD, Colo. – Sept. 13, 2017 – While the number of potential buyers in Colorado’s housing market remains strong, traditional seasonal cooling, coupled with low inventory and steady median housing prices across the state, are defining the fall market according to the monthly statewide housing report...

Pueblo West Home Sales Nearing Pre-Recession Levels

The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS®   "There is a lack of inventory," Anderson said, "as well...

Denver home sales and prices drop in July, putting area brokers on alert

Home sales and prices in Denver slipped lower from June to July. But was that just the chain jerking on a roller coaster still headed higher or a housing market cresting its peak and about to send passengers on a wild ride?   “It is typical to have a seasonal slowdown every summer, but this summer has been slower than most and...

Homes in Denver Metro Area Surpass $410,000 Median Sales Price

Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market.    Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...

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Homes statewide in short supply heading into peak selling season

Across Colorado, there were 20,100 active residential listings available on the market at the end of May, according to a report Monday from the Colorado Association of REALTORS. That represents a 32 percent drop in the active inventory of homes for sale versus a year ago, with about 10,500 fewer single-family homes and 2,100 fewer condos available for sale.   Sellers showed...

Governor John Hickenlooper Signs Construction Defects Reform into Law

Denver – Members of the Colorado Association of REALTORS® (CAR), as part of the Homeownership Opportunity Alliance (a bipartisan statewide coalition of housing advocates, business leaders, metro area mayors and builders), stood with Gov. John Hickenlooper in the West Foyer of the Colorado Capitol on Tuesday as he signed HB 1279, the Construction Defect Actions Notice Vote Approval bill, into...

Beautiful blue home in neighborhood in the spring

Median sales price of Colorado homes up 10 percent over last year while available listings dip 37 percent statewide

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...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

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...