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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...

photo right above house looking over a stretch of neighborhood

Colorado Springs Inventory Reaches Record Lows

This article is posted in the Colorado Springs Business Journal and was posted by  Cameron Moix on February 14, 2017.   The Colorado Association of Realtors recently released its “Monthly Market Statistical Report,” which found that a record-low inventory continues to dominate the Colorado housing market.   According to the report, active listings across the state remain at historic lows despite the fact that...

REALTORS Confidence Index - six-month outlook for single-family homes map of the USA

REALTORS® Confidence Index – Colorado and the Nation in 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...

January stats for single family and townhouse-condos bar graph

Despite Bump in New Listings, Record Low Inventory Continues to Dominate Colorado’s Housing Market Conditions

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,...

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...

Demand and Low Inventory Keep Prices Flat for Single Family

Despite typical seasonal and market factors, strong demand and record low inventory keep median sales prices for single-family homes flat while condo/townhouse prices reach a new high. While temperatures across Colorado remained more summer-like than fall throughout November, traditional seasonal real estate market slowdowns were met head-on by strong consumer demand and a continued shortage of inventory, according to the latest...

Shrinking Inventory Driving Factor in Colorado Markets

Single family and townhouse/condo listings down more than 30 percent since July peak. While the median sales price for single-family homes and townhouse/condominium units between September and October 2016 remained relatively flat, $337,000 and $252,000 respectively, a shrinking inventory of active listings across the state continues to play a significant role in the overall housing market, according to the latest statewide...

Inventory Remains Key Factor in Markets Across the State

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...

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...

Prices for Homes in Colorado Continue to Rise

The median price for a single-family home in Colorado reached a new high of $345,000 in June, a 3 percent increase over May and 9 percent higher than one year ago according to market statistical reports released today by the Colorado Association of REALTORS®.  For condominiums and townhouses, the June median of $246,000 was just slightly higher ($1,000) than in...