Posts tagged Inventory
Metro Denver Real Estate Market Report - August 2019

AUGUST 2019 - DENVER METRO REAL ESTATE MARKET

While the months of housing inventory still indicate Metro Denver is a seller’s market, it continues to head toward a balanced market with conditions favoring buyers like historically low interest rates, price reductions, more homes to choose from and more time in which to choose.

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Metro Denver Real Estate Market Report - July 2019

JULY 2019 - DENVER METRO REAL ESTATE MARKET

With metro-Denver housing inventory at its highest level since October 2013 and interest rates still low, now is a good time for homebuyers. On the flip side, with home prices peaking now is also a good time for home sellers; making for a more balanced market.

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Metro Denver Real Estate Market Report - June 2019

June 2019 - DENVER METRO REAL ESTATE MARKET

Month of May recorded highest housing inventory in Metro Denver since 2013 and record-breaking average single-family home price. In May, there were 8,789 new listings, up 16.97 and 38.12 percent from the previous month and year, respectively.

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Metro Denver Real Estate Market Report - May 2019

May 2019 - DENVER METRO REAL ESTATE MARKET

Amidst more housing inventory and increased days on the market, Denver-area homes priced right are selling for top dollar. In April, the average single-family sold home price in metro Denver hit a record high of $553,371, and reached a year-to-date high of $527,244.

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Metro Denver Real Estate Market Report - April 2019

APRIL 2019 - DENVER METRO REAL ESTATE MARKET

Metro Denver is still a seller’s market, but increased housing inventory means improved conditions for homebuyers. In March, the number of new residential listings (single-family and condos) was up 21.75 percent from February, and buyers liked what they saw, with the number of homes going under contract increasing 27.39 percent from the month prior, an increase of 4.27 percent year over year.

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Metro Denver Real Estate Market Report - March 2019

MARCH 2019 - DENVER METRO REAL ESTATE MARKET

Denver buyers feel the love with increasing inventory and lower interest rates. In February, for the entire residential market (single family and condos), there was a 47.33 percent increase in active listings year over year generating a 5.6 percent increase in new listings compared to the month prior.

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Metro Denver Real Estate Market Report - February 2019

FEBRUARY 2019 - DENVER METRO REAL ESTATE MARKET

Home sellers in Metro Denver continue to see year-over-year home price appreciation and more homes under contract, yet buyers have more choices as housing inventory has increased. In January, the number of new residential listings (single-family and condos) leaped 109.7 percent from December to 4,821, an increase of 13.6 percent year over year.

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Metro Denver Real Estate Market Report - January 2019

January 2019 - Metro Denver Real Estate Market Report

Despite what feels like a major market shift, home sellers in Metro Denver are still in control in all housing price ranges, except homes priced over $1 million where homebuyers and sellers are on equal footing. In 2018, compared to 2017, the number of home sales was down 5.52 percent and housing inventory was up 44.71 percent by year-end.

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November 2018 Market Report

NOVEMBER 2018 MARKET REPORTS

Sales and new listings typically decline in November as the weather cools and focus turns toward the holiday season. This year was no exception. The Denver Metro Area housing market saw a decline in home sales during November, while average sold prices have leveled off month over month.

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October 2018 Market Report

OCTOBER 2018 MARKET REPORTS

As we head into November, home shoppers and the Denver Metro Area housing market prepare for the holiday season. Home sales leveled off in October, remaining fairly consistent compared to last month. Year to date, home sales are only 3% lower than this time last year. Meanwhile, 13% more new listings came on the market across Denver.

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September 2018 Market Report

SEPTEMBER 2018 MARKET REPORTS

As the weather cools, we often see a seasonal slowing in the Colorado housing market. Fewer homeowners are interested in moving into a new home during this time of year. This time is often spent preparing for winter, knowing the holiday season will soon be upon us. The latest housing market data from REcolorado show this trend held true in the Denver this September.

In September, 4,229 homes sold across the Denver Metro area, 25% lower than last month. There was also a decrease in the number of homes under contract, 5% fewer than last month. However, year-to-date sales are only 3% lower than this time last year. 

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August 2018 Market Report

AUGUST 2018 MARKET REPORTS

Greater Denver Metro home sales continued to slow slightly, which is typical for this time of year, especially after a strong summer selling season. Year to date, homes sales are down just one percent as compared to last year. Most notably, sellers continued to add new listings of homes for sale to the market—4 percent more than last month. That, combined with homes staying on the market about four days longer than last month, could give buyers more options and more time to browse.

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