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

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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

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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

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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

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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…

Downtown Denver condominium sales tops $230 million 2015

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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

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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…