While Denver-area homebuyers have a number of market conditions in their favor, home sales were down overall last month. In August, new listings, homes under contract, and days on market were up for Denver-area’s entire residential market. The number of homes sold, average and median sold prices, and sales volume were down, as were interest rates.
Read MoreWhile 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.
Read MoreWith 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.
Read MoreMonth 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.
Read MoreAmidst 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.
Read MoreMetro 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.
Read MoreDenver 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.
Read MoreHome 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.
Read MoreDespite 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.
Read MoreSales 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.
Read MoreAs 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.
Read MoreAs 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.
Read MoreGreater 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.
Read MoreJuly 2018 market statistics brought signs that the Greater Denver Metro market is experiencing typical seasonal slowing, following an active selling season. Notably, the average price of a home saw a month-over-month decrease for the first time this year. Watch the video above and look down below for infographics and reports.
Read MoreThe housing market in the Greater Denver Metro Area may be shifting. The latest data from REcolorado show both home sales and new listings were down compared to this time last year. Meanwhile, average sold prices for single family homes continues to rise.
Read MoreAs peak home buying and selling season comes to Denver, the housing market continues its fast pace, according to May 2018 market statistics numbers from REcolorado. Most notably, there was an increase in the number of new listings in the Greater Denver Metro Area.
Read MoreThe latest housing market data from REcolorado show more sellers listing their home for sale as the weather warms in the Greater Denver Metro Area. Home sales remain consistent with this time last year, falling only 1%, while average sold price continues to rise in Colorado.
Read MoreThe latest data from REColorado show that demand from home buyers remains strong in the Greater Metro Denver Area. Housing market statistics increased month-over-month, indicating the start of the home buying and selling season in Colorado.
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