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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…

Metro Denver homes ties two coastal markets in October

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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…

Denver’s home inventory jumps 6% in November 2015

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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….

Downtown condo development to be built at Union Station

downtown condo

Downtown condo development to be built at Denver’s Union Station. The 19-story, $200 million, 342 condominium project is called The Coloradan and is expected to break ground next summer and will be the first downtown condo development since 2009. The project is located at 1750 Wewatta St., between the train platform and the Whole Foods-anchored…

Colorado home prices up 12% year-over-year in October 2015

Colorado home

Colorado home prices up 12% year-over-year in October 2015. The average price of a home, including both detached single-family houses and condominiums reached $363,718 in October compared to $323,714 in October 2014. However, the inventory of active home listings did increased 6% year-over-year, according to the latest data from the Denver Metro Association of Realtors….