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Denver’s real estate market hits new record low for active listings in May 2016 Denver’s real estate market active listings hit new record low in May, at only 5,463 active listings. That compares to the record high of 30,457 active listings in May of 2006. Although active listings are down 3.43% year-over-year, this is usually…
Developments in downtown Denver reaches $2.5 billion in 2016 As Denver’s economy continues to thrive, more than $2.5 billion in developments are either planned or under construction in the downtown Denver area, according the latest report from the Downtown Denver Partnership. Currently, there are 18 projects under construction, while another 14 projects are in the…
Real estate prices in Denver continues to soar in March 2016 Denver real estate prices continues to soar despite a 13% increase in the inventory from February 2016, which was the lowest inventory on record. Active listing on the market reached 5,468 in March, up 6.2% from a year ago. New listings jumped 33% in…
Denver area homes price gains still strong in February 2016 Denver area homes price gains still strong according to the latest report from Case-Shiller Home Prices Index. The latest report covering Denver showed resale prices for detached single-family homes in Denver area were up 10.2% from a year earlier. This was slightly lower than the…
Denver area home prices continues to climb, finishing January 2016 at an average price of $374,655 for both detached single-family houses and attached homes such as condominiums according to the latest report from DMAR. This was a 13.53% increase compared to a year earlier where the average sale price was $330,006. Separately, the average price…
Downtown Denver condominium sales tops $230 million in 2015 with 404 units sold, slightly lower than the 397 units sold in 2014. This represented a 14.64% increase in sales volume compared to $201 million in 2014 The average sold price jumped 12.65% to $571,162, compared to $507,013 in 20014 while the average sold price per…
Denver home sales total more than $20 billion in 2015 Denver home sales totaled more than $20 billion in sales volume in 2015 according to the latest report from Denver Metro Association of Realtors. More than 55,500 properties sold in 2015, including detached single family homes and attached condominiums; up slightly from 54,068 sold in…
Metro Denver homes ties with two coastal markets for home price increases in October 2015, tying with San Francisco and Portland according to the latest S&P/Case Shiller Home Prices Index report. Metro Denver home prices grew 10.2% year-over-year which was identical to San Francisco and Portland. San Francisco and Denver were both trading places for…
Shea Homes Colorado to build 2000 home in the Castle Pines area. Shea Homes Colorado purchased the 1,270 acres of land in The Canyons from North Canyons LLLP and is planning to invest $75 million in the community over the next four years. The Canyons, is a 3,343 acre planned development east of Interstate 25…
Denver’s home inventory jumps 6% in November 2015 to 6,954 year-over-year, compared with 6,548 in the same period last year. However, the increase was outpaced by the price appreciation according to the latest data from REcolorado. The average price of a home in metro Denver area increased 12% to $367,992, compared to $324,961 last November….
Owning a home is a keystone of wealth… both financial affluence and emotional security.
