real estate summit: low inventories, price appreciation to continue
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Northern Colorado’s residential real estate market continues to suffer from record-low inventories, helping to drive up prices at dramatic rates.
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home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway
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Home 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 Morenearly 80% of denver homes off the market within 2 weeks
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Not 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 Morewith house prices skyrocketing, are $1 million homes still a “luxury” sale in denver?
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Denver may need to redefine the “luxury” residential market.
There’s something of a mythical quality to a $1 million price tag. But sales of a single residence above that mark are becoming more and more common in the region.
Read MoreNY regional closed median home price for november 0.9% lower than in october
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OneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.
Read Moresuburban NYC home sales plunge because there’s nothing to buy
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Potential buyers are coming up empty in their search for a place-- and that’s sent contracts plunging for the fifth consecutive month in Westchester County and Long Island, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
Read MoreCT october home sales lag behind pandemic surge, but still above 2019, data shows
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Fairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.
Read Morefrom summer heat to autumn chill, metro denver housing market continues to cool down
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Both 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 Moreshowingtime data reveals seattle and denver are the nation's most active markets, while only the south region saw an uptick in showings per listing year-over-year
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The latest data from ShowingTime, the residential real estate industry's leading showing management and market stats technology provider, shows that Seattle and Denver lead the nation in buyer demand even as we head into the typically cooler late fall and winter seasons.
Read Morehome sales prices rise again in the hudson valley as buyers seek larger space outside NYC
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The median sales price for single-family houses rose in 2021's third quarter compared to the same July-through-September period last year, including from Westchester to Putnam to Rockland, according to the Hudson Gateway Association of Realtors.
Read Moreresidential real estate market remains hot; sales strong in rockland county
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Westchester 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.
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