not so hot july: low inventory, interest rates keep colorado housing market calm

not so hot july: low inventory, interest rates keep colorado housing market calm

The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.

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denver housing market: everything you need to know

denver housing market: everything you need to know

Buying and selling a home in Denver is beginning to look much different in 2023 than it has over the past few years. The Mile High City was booming well before the pandemic as newcomers flocked here to be close to the mountains and enjoy the laid-back lifestyle in one of the best places to live in Colorado.

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existing-home sales dipped 7.7% in november

existing-home sales dipped 7.7% in november

Realtor.com®'s Market Trends Report(link is external) in November shows that the largest year-over-year median list price growth occurred in Milwaukee (+38.1%), Memphis (+26.9%) and Miami (+24.8%). Phoenix reported the highest increase in the share of homes that had prices reduced compared to last year (+28.4 percentage points), followed by Austin (+23.8 percentage points) and Denver (+21.0 percentage points).

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what’s up with the crazy housing market?

what’s up with the crazy housing market?

It’s still a seller’s market, whether it feels that way or not.

In May, the median price of a home in the United States passed $400,000 for the first time, according to the National Association of Realtors. And bidding wars accounted for 55 percent of home sales in the four week period ending June 19, up from 53 a year earlier, according to Redfin.

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denver housing market remains hot for potential sellers, experts say

denver housing market remains hot for potential sellers, experts say

Denver’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.

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metro denver the second most competitive housing market in country after bay area

metro denver the second most competitive housing market in country after bay area

Denver’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.

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prices increase 9%, inventory remains historically low in hot denver housing market

prices increase 9%, inventory remains historically low in hot denver housing market

According 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.

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from summer heat to autumn chill, metro denver housing market continues to cool down

from summer heat to autumn chill, metro denver housing market continues to cool down

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.

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denver area home sales fell in september, while inventory rises a record amount

denver area home sales fell in september, while inventory rises a record amount

Metro Denver’s housing market continued slowing in September, with the number of homes and condos sold declining and the inventory of active listings on the market rising by a record monthly amount, according to an update from the Denver Metro Association of Realtors.

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deep dive: connecticut housing market still strong moving into fall

deep dive:  connecticut housing market still strong moving into fall

The national average July to July was 19.7% in terms of increases, but Connecticut is out pacing that in many counties especially Litchfield county where home prices increased 24.8% from august of this year to august of last year.

Up in New Haven it’s 23.7%, Fairfield County 20.7% and Hartford is not keeping up with the pace of prices, it is only up 17.1%, but Connecticut's housing market is still strong.

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denver real estate housing market forecasts and trends 2021-2022

denver real estate housing market forecasts and trends 2021-2022

The U.S. housing market in 2021 has been a year full of low interest rates, eager buyers and low inventory of homes on the market. Denver is no exception, especially as it continues to attract young professionals, growing families and others to its location on the Front Range of the Rocky Mountains.

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