Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February. Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...
Scant inventory is keeping the Denver residential real estate market red hot. Denver homes continue to sell extremely quickly and there are a lot fewer homes for sale now compared with a year ago. That low supply means higher prices. According to the Colorado REALTORS® Association, the median home price in the Denver metro area is $440,000, significantly more than the nationwide metro median...
Indeed, Denver's popularity is reflected in the ever-increasing cost and competitiveness of buying a home in the metro area BY MATTHEW LEPRINO There are only so many Top 10 lists those of us who adore our city can read. I find myself silently saying “Tell me something I don’t know,” whenever I read one. Sure, Denver is, one of the best place to live in...
FOR IMMEDIATE RELEASE Summer slowdown or shift in the housing market? https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...
Frustrated by high housing costs in Fort Collins and Larimer County? You're in good company. According to the Colorado Association of REALTORS®, homes listed in Larimer County this year have sold for a median $405,000 this year, making the county the 16th-most expensive of Colorado's 64 counties in which to buy a home. Through May, 2,045 homes were sold in Larimer County, a 9 percent...
By Kelcey McClung – Reporter, Denver Business Journal May saw both a slight bump in inventory and a minute decline in median price of homes for sale in Denver, according to the Colorado Association of REALTORS®. Both the median and average price of a single-family residence in the seven-county metro area dipped less than one percent from April to May – $435,000 and $515,204,...
Posted by Marty Schechter on June 16, 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, home buyers 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 both single-family homes...
A Closer Look at the Economic and Fiscal Impacts of Initiative 66 and Why Housing Matters For the State’s Economic Future Based upon the projected household growth and recent housing development history, the 10-county front range region covering Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer and Weld, is projected to add an average of around 35,000 and 43,200...
A new phenomenon is creeping into Denver that is posing an enormous problem for the 2020-plus buyers and sellers BY MATTHEW LEPRINO Like a game of Whack-A-Mole at Chuck-E-Cheese, it would seem that every time one low inventory-fueled abnormality pops up, another takes its place just as we begin to wrap our heads around it. Desperate buyers seeking to find a way, any...
Fort Collins residential sweet spot up to $400K Pat Ferrier , patferrier@coloradoan.com 8:00 a.m. MT June 2, 2017 http://www.coloradoan.com/story/money/business/2017/06/02/fort-collins-residential-sweet-spot-up-400-k/356312001/ Homes selling for less than $400,000 being snapped up in days Buy Photo (Photo: Austin Humphreys/The Coloradoan) This story may sound like a broken record. Home prices in Fort Collins' white-hot market continue to escalate, pushed by the convergence of low inventory leading, increased competition, and an explosion of people...