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Home values jumped double digits across metro Denver

home values

Home Values jumped double digits across metro Denver Home values jumped double digits across metro Denver as the assessors re-evaluate the home values for 2017 and 2018. The median projected increase for residential properties is 25.9% and 20% for commercial properties. By state law, county assessors are required to re-evaluate the value of each property…

Denver home listings reaches 4,921 in March 2017

Denver home listings

Denver home listings reaches 4,921 in March, up nearly 27% from February and up 9.7% year-over-year, according to the latest report from Denver Metro Association of Realtors. In addition to the increase in active listings, the average price for single-family homes and condos also jumped 8.8% to $425,607 from previous month, while the median sold…

Denver home inventory hit an all-time low for February 2017

denver home inventory

Denver home inventory hit an all-time low for February 2017 Denver home inventory hit an all-time low in February. Active listings for both single-family and condos were at 3,878 which was only the third time active listings have dropped below 4,000 units. However, February did experience a surge of new listings with a month-over-month increase…

Denver real estate market continues to thrive

Denver-real-estate

Denver real estate market continues to thrive Denver real estate market continues to thrive in January, with an all-time low of active listings (single family and condos) in January at 3,989 which represents a 6.47% drop from last month. However, the number of sold listings in January decreased by 33.21% compared to previous month according…

Denver home values slipping 1.42% in the month of September

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Denver home values slipping 1.42% in the month of September Denver home values slipped 1.42% in September, which was the third consecutive decline of Denver home values. June was the last month that saw appreciation gains, however active listings jumped to 6,796 which represents a 24.40% increase. The average and median sold home prices for…

Developments in downtown Denver reaches $2.5 billion

developments

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…

Denver area homes price gains still strong in February 2016

Denver area homes

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

Denver area home

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…