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Homes Tag

Colorado condos break record at $300,000 median price despite new listings rising nearly 16 percent from April to May

ENGLEWOOD, Colo. – June 12, 2018 – The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, homebuyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of...

KRDO Series – Home Sweet Expensive Home

Home sweet, expensive home: The hot Colorado housing market   With an influx of people and not enough houses to go around, home prices are at a high, making a competitive market for buyers.   “I'm seeing that that market is actually kind of on fire right now,” Colorado Association of Realtors spokesperson, Kelly Moye said. Moye has been watching Colorado become a true...

Denver Housing Market: A Tale of Two Cities

By CAR Spokesperson Matthew Leprino. Read the entire article on Colorado Biz Magazine.   Like Charles Dickens’ fabled tale, Denver’s housing market remains conflicted in its ‘Tale of Two Cities,’ a lopsided story of condos and single-family homes. It would seem that with every dollar the single-family home’s median price rises, the demand for the condo market – tantamount to “entry-level” ­– rises...

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...

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...

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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...

Median Sales Price for Homes Drops in July

The median sales price of a single-family home in Colorado dropped 3 percent to $336,000 from June to July of this year, the first reversal in what had been steadily rising prices since November 2015.  Condominium/townhouse prices also dropped 3 percent to $240,000, the first decline since January.  Compared to July 2015, however, single-family median prices were up 8 percent...

REALTORS® Expand Wildfire Education and Mitigation Efforts

With active wildfires burning across the state, Colorado REALTORS® are expanding their efforts to educate homeowners about the dangers of wildfires, especially to those living in Wildland-Urban Interface (WUI) areas, through a program designed to help connect homeowners willing to mitigate their properties and reduce wildfire risks with information and resources in their local communities. The Colorado Project Wildfire website...

Housing Prices Continue to Rise Throughout Colorado

Inventory Slowly Improving During First Five Months of 2015 Housing values continue to rise throughout the state according to statistics reported today by the Colorado Association of REALTORS®. Highlights of the Association’s May statistical reports include: The median price for a single-family home increased to $310,000, up 13 percent from a year ago and for a condominium or townhouse it rose 16...

Higher Tax Assessments Show Improved Markets

As Colorado property owners have been receiving their 2015 tax assessments this spring, they can point to a steady increase in the price of homes sold in Colorado over the last several years as the cause for somewhat dramatic increases in their property valuations. Home values throughout the state continued to move upward in April, extending a pattern that began...