The supply of homes for sale in Colorado in May reached historic lows throughout much of the state according to statistics released today by the Colorado Association of REALTORS®. There were 17,724 single-family homes available statewide for purchase, down 24 percent from a year ago and representing just a 2.5-month supply. Similarly, the 4,237 condominiums and townhouses for sale in...
Weak inventory challenging to both buyers and sellers. There were more new listings and sales of both single-family homes and condominiums/townhouses in Colorado in April than in March but both categories still lagged significantly behind a year ago according to statistics announced today by the Colorado Association of REALTORS (CAR). Single-family home listings increased 11 percent to 10,725 and sales improved by...
Steadily Rising Prices Making Homes Less Affordable For Some. During the first quarter of 2016 (January, February and March) most areas of Colorado saw an increase in the number of both single-family homes and condominiums/townhouses sold compared to the same time period in 2015. The 15,742 single-family homes sold were an increase of 5 percent over the first quarter of 2015...
A third consecutive month of increases in the number of homes coming onto the market in February was not significant in impacting the overall inventory of homes statewide which hit a six-year low. The number of single-family homes added to the market in February (6,938) was an increase of 11 percent over January but still 4 percent below February 2015. ...
Competition remains fierce for single-family homes and condos as supply of for-sale properties drops By The Denver Post Median home prices continue to rise statewide and completed sales heated up in December, reversing a slowdown that began in June, according to a report released Wednesday by the Colorado Association of REALTORS. There were 6,617 single-family home sales last month, up 21 percent from...
New listings, sales and inventory continue to challenge most markets The median price of a single-family home statewide in Colorado decreased to $300,900 in November, down about $17,000 from the year’s high in June according to market statistics released today by the Colorado Association of REALTORS®. Even so, compared to a year ago, single-family home prices were 9 percent higher last...
NAR recently released highlights from its annual Profile of Home Buyers and Sellers. It highlights interesting information stats such as: • 87% of buyers purchased through an agent • Only 8% of home sales were FSBOs (lowest since 1981) • Buyers are more than likely to find their home through agent, rather than through website • Buyers between ages of 18-24 were most likely...
Prices, new listings and inventory down in most areas of the state. According to market statistics released last week by the Colorado Association of REALTORS® (CAR), the traditional summer housing slowdown that was evident in July and August in Colorado has continued into September. Housing markets often experience slower sales during the summer months as buyers and sellers focus on vacations,...
Single-family home prices down 3 percent for summer months. Fewer homes were sold in Colorado during August, the second consecutive month this year to see declining sales, according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 10,657 properties sold last month represent an 8 percent decrease over July. From June through August of this year total...
According to Department of Numbers as of June 24, 2013 there were about 10,973 single family and condo homes listed for sale in Denver Colorado. The median asking price of these homes was approximately $354,900. Since this time last year, the inventory of homes for sale has decreased by 28.8% and the median price has increased by 18.3%. Is the...