Colorado Association of REALTORS | Stats & Trends
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Stats & Trends

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The Biggest Signs Colorado Housing Market Is Coming Back to Earth

The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change.   According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...

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Home Sales Dropping Across Much of Colorado

The Colorado Association of REALTORS® recently reported that the number of single-family home listings sold in Colorado dropped 14.6 percent in September compared to the same month a year earlier. Sales of townhouses and condos dropped 15.2 percent.   The Denver Post reports that metro Denver area year-over-year single-family home sales in September fell 15.8 percent.   Elsewhere, home sales fell 26.7 percent in...

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Buyers and Sellers Teeter-Totter in Evolving Housing Market

Buyers and Sellers Teeter-Totter in Evolving Housing Market Buyers are beginning their hunts ahead and quieting down earlier than previous years   BY MATTHEW LEPRINO Published: 2018.10.22 03:00 PM   Like a schoolyard teeter-totter, there are always two forces volleying for control in any real estate transaction. On the left, you have the buyer’s control – always a force but sometimes lagging behind that of the seller...

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Home sales slid across Colorado in September

Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country.   Existing home sales in the United States fell 3.4% in August from September to a seasonally adjusted annual rate of 5.15 million. Year-over-year, they are down 4.1%, according to an update Friday from...

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Heat in the morning, AC by noon – Denver’s Market isn’t a ‘set and forget’ just yet

Heat in the morning, AC by noon - Denver’s Market isn’t a 'set and forget’ just yet By Matthew Leprino   Like the climate control in your car, the climate of home buying season in Denver can change on a dime. Like its namesake, sometimes we skip spring altogether and head right for the 90s while every now and then, our summer flowers...

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What $1 million will buy you in today’s Denver housing market

Denver's housing market is hot and everyone knows it. But how far does your dollar really go these days?   Currently there are fewer homes for sale now compared with a year ago, and that low supply means higher prices. According to the Colorado Association of REALTORS®,  the median home price in the Denver metro area was $440,000 in July, significantly more than the...

Summit County

Summit County sees record number of luxury homes sold in July

July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market.   Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...

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High-flying markets in Pueblo, elsewhere in state turn choppy

The red-hot housing market in Pueblo and other Colorado communities shows more signs of leveling or, possibly, starting to cool.   "An early peak housing season (in April and May) has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions," the Colorado Association of REALTORS® said Friday in releasing the...

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Is Denver’s Peak Selling Season Shifting?

By Matthew Leprino   The change you’ve been waiting for is here, but it may not be the one you’ve been expecting. Since 2008 and the subsequent recovery, many have been on the edges of their seats waiting for the doom, gloom and yes, opportunity that another bust may bring. Any sign of a change would be welcome as the market and the corresponding...

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Colorado Springs Home Sales Fall Again in July, but Experts Say Market Remains Strong

Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February.   Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...