Denver metro real estate market ends 2018 at record-high, reaching an average of $473,539 and median of $409,900 for single-family and condos, up 8.34% and 7.87% year over year respectively. However, in 2018, compared to 2017, the number of home sold were down 5.52% while the inventory was up 44.71% by year-end. Even though it…
Denver housing market inventory tops 8,539 active homes in October. Denver housing market inventory tops 8,539 active homes in October. Year to date, the inventory has increased 35.28% compared to last year. Although, other real estate market factors including sales volume, days on market, and housing prices continue to favor home sellers in the Denver area. Year…
Existing home sales in metro Denver area drop 28.91% in August. Existing home sales in metro Denver area drop 28.91% from August to September and 20.24% from last September. The biggest decrease was single family homes priced over $500,000 which dropped 33% compared to the month prior. Normally in September you see a decrease in…
Denver area homes for sale hit a four-year high in August Denver area homes for sale hit a four-year high in August with a total of 8,228 homes on the market, up 11.79% from last year. While conditions still favor sellers, subtle shifts in the metro-Denver real estate are showing signs of a slowdown in…
Downtown Denver office market absorption is projected to surpass million square feet for 2018 Downtown Denver office submarket absorption is projected to surpass million square feet for 2018 and continue at record pace through 2021. The demand has been fueled in particular by technology companies and existing firms that continue to expand, the downtown office…
Denver area real estate market shows signs of leveling out in July Denver area real estate market shows signs of leveling out in July, as buyer activity slows, price drop, and inventory hitting a three-year high. Active listings for single family and condos were at 7,643 total units in July, up 3.96% year-over-year. The increase…
Homes in Denver area for sale jumps to 7,436 active listings in June Homes in Denver area for sale jumps to 7,436 active listings in June, up from May’s 6,437 active listings. The number of sold listings increased by 15.52% compared to previous month, and 5.34% from last June. Year to date, there have been…
Homes for sale in Denver sets another record in May Homes for sale in Denver sets another record in May, reaching $540,624 for single family homes. Average days on the market dropped to 18 days which ties a record low for any month. The year-to-date average sold price hit $523,255 for the single family home…
Single family home prices set a record high of $543,058 in April Single family home prices set a record high of $543,058 in April while the median reached $455,000 respectively. The homebuyer demand remains robust and even with the 4.88% surge in new listings from last year, homes in Denver continue to sell really fast…
Housing market in Denver area is projected to increase to 9.9% in 2018 Housing market in Denver area is projected to increase to 9.9% in 2018 according to a new report from Veros Real Estate Solutions of California. In fact, housing market in Denver area will appreciate more than any other market in the U.S. outside of…
