After years of explosive price growth during the pandemic, the Denver housing market is finally beginning to shift in favor of buyers, with real estate analyst Nick Gerli noting price cuts in the city "are everywhere."
Read MoreHomes are sitting on the market for far longer, but prices aren’t dropping yet.
Homebuyers around the Denver metro have a lot more options lately.
At the end of March, there were nearly 10,000 houses and attached residences up for sale in the 11-county area. That’s a significant jump from the same time last year, when fewer than 6,000 were listed.
That’s according to the latest report from the Denver Metro Association of Realtors.
Read MoreFebruary brought a thaw to what had been a chilly start of the year for metro Denver’s housing market, with more homes listed, more homes going under contract and more sales completed, according to an update Wednesday from the Denver Metro Association of Realtors.
Read MoreSpring, the busiest season for the Denver metro housing market, is budding again.
Sellers are listing more homes on the market. Buyer activity is picking up. And prices are higher.
Read MoreNew listings surged in January, with more than 4,300 homes added to the market or 135% more than in December, according to the Denver Metro Association of Realtors monthly report released Wednesday.
Read MoreAs Denver’s real estate market settles into the rhythm of the new year, buyers and sellers alike are watching for signs of what’s ahead. Compared to last month and this time last year, more luxury homes are hitting the market in February. But buyers have been slower to act, leading to a more gradual increase in pending sales, according to Denver Metro Association of Realtors (DMAR).
Read MoreAs of December, the Denver housing market is showing a mix of resilience and seasonal shifts. While prices have seen a slight dip recently, there's still a lot of activity, particularly in certain price ranges. The market isn't exactly on fire, but it's certainly not frozen either. Let's dig into the details and I’ll share my thoughts and experiences to give you a clear picture.
Read MoreHomes are taking longer to sell. Concessions are becoming more popular. And lately, buyers have been in a better position they haven't been in a long time.
Read MoreAccording to the August Market Trends Housing Report from the Colorado Association of Realtors, with more than 27,000 active listings statewide, and more than half of them sitting in the seven-county Denver metro region, potential buyers had 21% more inventory to choose from last month than they did a year ago.
Read MoreDespite a growing list of active inventory and motivated sellers across the seven-county Denver-metro area and statewide, buyers continue to stay away citing interest rates and pricing that has ignored the inventory increase and maintained its higher levels, according to the latest Market Trends Housing Report from the Colorado Association of Realtors (CAR) and analysis from the Association’s spokespersons across Colorado.
Read MoreOver the last 12 months, the Denver metro region added nearly 21,160 new apartment units. For the same time, according to a report released Wednesday from the Apartment Association of Metro Denver, there were about 20,400 new leases signed.
Read MoreA Colorado real estate broker says Wednesday's announcement by the Federal Reserve that they are lowering the interest rate by .5 percentage points was somewhat expected and that he was somewhat ready for it.
Read MoreThe Denver metro’s sluggish summer selling season continued in August.
Despite active listings climbing 56 percent over August 2023, closed sales dropped last month, according to the August monthly real estate trends report from the Denver Metro Association of Realtors.
Read MoreReal estate analytics point to potential investment opportunities in Colorado, particularly in the popular Denver metro area.
Read MoreNicknamed the “Mile High City” for its elevation, Denver's housing market has reached new heights as well. Once known for affordability, Denver now boasts a competitive market with rising prices. This surge is fueled by a booming job market and a limited housing inventory.
Read More“The once-predictable Denver metro real estate market feels topsy-turvy as we navigate a new landscape,” said Libby Levinson-Katz, chair of the DMAR Market Trends Committee, in the report.
Read MoreMore first-time homebuyers in Denver have a dual-income household, family help or end up getting roommates, Guide Real Estate broker Andre Whitt says.
Read MoreIt’s been two months since the National Association of Realtors reached a settlement that some predict will upend the way homes have been bought and sold for decades across the U.S. It’s having ripple effects in Colorado as the housing market heads into the busiest time of year.
Read MoreThe Denver housing market is one of Colorado’s most active as the state capital is home to many employers and is one of the Mountain West’s largest cities.
People also have been flocking to the Mile High City from more expensive cities in search of a cheaper cost of living and to work remotely in the Rocky Mountains.
Read MoreDenver has secured its position as the hottest housing market in the nation, a title bestowed by the U.S. News and World Report. The analysis, based on the U.S. News Housing Market Index, meticulously examines various factors shaping the real estate landscape.
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