The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.
Read MoreBuying and selling a home in Denver is beginning to look much different in 2023 than it has over the past few years. The Mile High City was booming well before the pandemic as newcomers flocked here to be close to the mountains and enjoy the laid-back lifestyle in one of the best places to live in Colorado.
Read MoreRealtor.com®'s Market Trends Report(link is external) in November shows that the largest year-over-year median list price growth occurred in Milwaukee (+38.1%), Memphis (+26.9%) and Miami (+24.8%). Phoenix reported the highest increase in the share of homes that had prices reduced compared to last year (+28.4 percentage points), followed by Austin (+23.8 percentage points) and Denver (+21.0 percentage points).
Read MoreIt’s still a seller’s market, whether it feels that way or not.
In May, the median price of a home in the United States passed $400,000 for the first time, according to the National Association of Realtors. And bidding wars accounted for 55 percent of home sales in the four week period ending June 19, up from 53 a year earlier, according to Redfin.
Read MoreDenver’s red hot housing market continues to generate record sale prices.
A new report from OJO Labs lists Denver as the second most competitive housing market out of the nation’s 50 largest metro areas. Denver saw seven in 10 homes sell for above list price in April, second only to the San Francisco Bay area.
Read MoreDenver’s housing market was the second most competitive out of the nation’s 50 largest metro areas, with seven in 10 homes selling for above the list price in April, according to a new report from OJO Labs.
Read MoreAccording to the Denver Metro Association of Realtors (DMAR), the average home is staying on the market for just four days. The month of March saw appreciation at a staggering 9 percent, and the average purchase price is now $705,000.
Read MoreNot only are buyers facing rising interest rates, but home prices continue to soar, too. Right now, homebuyers are currently facing one of the priciest housing markets in history—and, in turn, the average purchase loan size has grown
Read MoreBoth home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.
Read MoreWestchester County experienced an increase of 9 percent in single family home sales to 2,377 units from 2,181 units in 2020. There was an increase of 5.6 percent in median sale price to $855,000 from $810,000 in 2020.
Read MoreThere were 3,971 active listings at the end of September, according to the Market Trends report released Tuesday. That’s a 10.9% increase from the number available in August, but still down 25.1% from the number of homes for sale in September 2020.
Read MoreMetro Denver’s housing market continued slowing in September, with the number of homes and condos sold declining and the inventory of active listings on the market rising by a record monthly amount, according to an update from the Denver Metro Association of Realtors.
Read MoreThe national average July to July was 19.7% in terms of increases, but Connecticut is out pacing that in many counties especially Litchfield county where home prices increased 24.8% from august of this year to august of last year.
Up in New Haven it’s 23.7%, Fairfield County 20.7% and Hartford is not keeping up with the pace of prices, it is only up 17.1%, but Connecticut's housing market is still strong.
Read MoreHome sales in the Denver metro are slowing, giving some buyers a chance to jump into what has been a highly competitive market for more than a year.
Read MoreThe U.S. housing market in 2021 has been a year full of low interest rates, eager buyers and low inventory of homes on the market. Denver is no exception, especially as it continues to attract young professionals, growing families and others to its location on the Front Range of the Rocky Mountains.
Read MoreBalance is good for both buyers and sellers.
Denver's red hot housing market is finally beginning to balance out, but don't call it a cooldown, experts say.
Read MoreAfter months of bidding wars, rising prices and extreme concessions by buyers, realtors said the market is starting to look normal.
Read MoreAccording to data from national brokerage Redfin, homes in Connecticut are selling for over the asking price in all eight counties.
Read MoreWhat's being called an “extreme seller’s market” continued in May for Denver's residential real estate, with the average sales price continuing to smash records, a pitiful amount of inventory for a market the size of Denver’s, and days a home stays on the market dwindling, according to the Denver Metro Association of Realtors.
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