The housing market for Logan/Sterling county remains active and on the rise. The county showed a decrease in the third quarter median sales price for 2017 when compared to 2016. This decrease is not a sign of a slow down, but rather outside factors that are affecting the statistics for this market. Sales volumes in Logan county have also decreased from last year,...
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...
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...
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...
What will homebuyers sacrifice just to get in on a piece of the action? BY CAR SPOKESPERSON MATTHEW LEPRINO The Denver real estate market has recently become a hotbed of conflicting cause-and-effect discussion. Our condominium regulations (construction defects reform) have gained national attention, while our scorching home prices seem unstoppable to everyone except those who worked and survived the 2008 market. Instantaneous...
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...
July housing data delivers mixed bag across Colorado ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR). Despite decreases in new (-14 percent), active (-3.5) and...
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,...
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...
Key findings from the May 2017 research report include: New and active listings in May were up approximately 10 percent across the state over the prior month. However, year-over-year active listings are down more than 32 percent. Median sales price for a single-family home in the Denver metro area inched slightly higher in May to hit another record high: $407,000. ...