From this time last year, median house prices have risen 11.5%, to $723,750, in metro Denver metro, according to the latest Market Trends Report from the Colorado Association of Realtors. In normal times, that would be a hefty hike. But it’s nothing compared to recent years, when home prices have been rising around 20%, from one year to the next.
Read More"Gone are the days that a seller can simply put a sign in the yard and expect their home to sell," the Denver Metro Association of Realtors reports.
Read MoreBig shifts are increasingly favoring buyers over sellers
A big chill continued to descend on metro Denver’s housing market last month as home sales fell sharply and the number of listings continued to soar, according to a monthly update from the Denver Metro Association of Realtors.
Read MoreMore houses hit the market in June than last year. Plus: The U.S. catches up with Denver’s inflation rate, a slowdown at the unemployment office and more!
Read MoreMetro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.
Read MoreNationally, supply has increased, too, leading to more options for potential buyers. Active home listings have increased on a year-over-year basis for the fifth week in a row, according to Realtor.com data released today. And for the first time in seven weeks, median listing price growth slowed—though it remained well above the historic norm.
Read MoreFor what feels like the first time in a long time, the housing market is shifting, and this time in the direction of the buyer.
A report by the Denver Metro Association of Realtors (DMAR) shows the median closing price for a home fell at the end of May compared to April.
Read MoreHomes sold for cash across the country reached a new peak of 28% this March, the highest point since the crisis years post-2008, when a lot of home sales were foreclosures, according to the National Association of Realtors.
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 MoreDenver's housing market surged throughout the COVID-19 pandemic, and lately, it's been growing even tighter.
Read MoreDenverites are willing to go further than the average American to secure a home in the city’s competitive housing market, according to a new report.
Read MoreBetween higher property prices and higher interest rates, housing affordability continues to deteriorate in Colorado this year, leaving Gen Xers as the one age group still able to afford a mid-priced home in Arapahoe and El Paso counties — but not Denver.
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 MoreNorthern Colorado’s residential real estate market continues to suffer from record-low inventories, helping to drive up prices at dramatic rates.
Read MoreHome prices reaching new record highs in Colorado’s two largest real estate markets is not new in the least. The last couple of years, not only are records set in the busy summer months; they’re being set in the dead of winter, when home sales typically slow.
Read More“A house is still worth what somebody is willing to pay for it,” Rhead said. “And because of the lack of inventory, because of the number of buyers out there and the qualifications of those buyers, it’s just going to continue to raise the market value.”
Read MoreFor Denver County, renting takes a little more than a third of average monthly pay, while buying a home consumes nearly half. The average 2022 monthly rent for a three-bedroom unit in Denver, according to Attom, is $2,416, a slight increase from 2021.
Read MoreThe real estate market in Denver was hot in 2021. However, Realtor.com is predicting a cooldown could be on the way for the Denver real estate market.
Read MoreThe New Year has officially begun, and many consumers are looking for a fresh start. Whether that be a new routine, refined goals, or a refreshed mindset, most people have their sights set on something that they want to accomplish in 2022.
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