Colorado Association of REALTORS | Price
903
archive,tag,tag-price,tag-903,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-7.6,vc_responsive

Price Tag

Colorado condos break record at $300,000 median price despite new listings rising nearly 16 percent from April to May

ENGLEWOOD, Colo. – June 12, 2018 – The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, homebuyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of...

Inventory isn’t the problem, ‘Active Inventory’ is

By Matthew Leprino   It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role.   Along with increased pressure on developers to turn over a quality product - and fast at that -...

Homes in Denver Metro Area Surpass $410,000 Median Sales Price

Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market.    Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...

Demand and Low Inventory Keep Prices Flat for Single Family

Despite typical seasonal and market factors, strong demand and record low inventory keep median sales prices for single-family homes flat while condo/townhouse prices reach a new high. While temperatures across Colorado remained more summer-like than fall throughout November, traditional seasonal real estate market slowdowns were met head-on by strong consumer demand and a continued shortage of inventory, according to the latest...

Shrinking Inventory Driving Factor in Colorado Markets

Single family and townhouse/condo listings down more than 30 percent since July peak. While the median sales price for single-family homes and townhouse/condominium units between September and October 2016 remained relatively flat, $337,000 and $252,000 respectively, a shrinking inventory of active listings across the state continues to play a significant role in the overall housing market, according to the latest statewide...

Inventory Remains Key Factor in Markets Across the State

Median sales price for Colorado’s single-family homes dips for second time in three months while condominium/townhouse prices increase. The median sales price of a single-family home in Colorado has dropped for the second time in the past three months to $336,700. The one percent dip comes on the heels of a flat August and a nearly 3 percent dip reflected in...

Zoomed in hands holding a paper cut out of a home.

Houses Appraising for Less Than Selling Price

It is a common problem lately in the Denver Metro area, which has seen a decrease in housing inventory and an increase in demand. "There are not enough houses, especially more affordable homes," said Kelly Moye with the Colorado association of REALTORS. "First time homebuyers who don't have a lot of cash are hit the hardest." Watch the 7News Story:   Moye said bidding...