Colorado Association of REALTORS | Market Trends
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Market Trends

A strong summer could balance the Mile High City’s soft spring

By Carole VanSickle Ellis, REI Ink It surprised no one that Denver, Colorado’s, housing market took a hit in spring 2020. After all, no market has been unaffected by the economic downturn the coronavirus pandemic brought on. However, real-estate-related behavioral trends that emerged at the end of April when some “stay-at-home” restrictions were lifted in Colorado indicate a strong summer for residential...

Colorado resort towns see flood of home buyers, burst in school enrollment

By Jason Blevins, The Colorado Sun Urbanites fleeing cities for homes in the hills are pulling mountain resort real estate out of a pandemic slump. Inventories are dwindling, prices are soaring and resort-town schools are seeing enrollment climb as second-home owners and newcomers settle in places like Steamboat Springs, Vail, Crested Butte, Telluride and Aspen. Telluride REALTOR® George Harvey is working with more...

KUNC: After a Slow Spring, Northern Colorado Sees Surge in Home Sales

Home sales in northern Colorado took off in June after the easing of coronavirus-related restrictions on the real estate market, with homes in Fort Collins, Loveland, and Greeley selling at a record pace. “The buyers didn’t go away (earlier this year),” Fort Collins-area REALTOR® Chris Hardy told KUNC. “They were on intermission.” However, Hardy acknowledge some homeowners have been slow...

Housing Pipeline Surges Across Colorado in June Pent-Up Demand Drives Second Straight Month of Record-Setting Pending Sales

Marty Schechter for CAR 303-882-4585 cell    marty@schechterpr.com ENGLEWOOD, CO – July 10, 2020 – With pent-up demand and low inventory conditions prior to the COVID pandemic, the continued opening up of business and personal activities statewide created a surge of activity across Colorado’s housing markets resulting in new record highs for pending sales and driving the inventory of active listings to record or near record...

May Delivers “Virtual Reality Reset”

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the...

April’s Real Estate Pause Not Nearly as Bad As Feared; Cautious Optimism Prevails as Delayed Selling Season Kicks In

Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO – May 12, 2020 – While the real estate universe paused with bated breath in April, the results of a complicated, pandemic-driven start to the typical buying and selling season weren’t nearly as bad as many in the industry feared, according to the latest monthly market data from the...

Coronavirus Slows But Can’t Stop Robust Housing Market

March numbers reflect a pause to the momentum of a healthy first Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – April 10, 2020 – From a cold and snowy Colorado February to the COVID-19 pandemic in March that has impacted virtually every person and every community, the state’s residential real estate market found a way to persevere with...

Colorado Housing Market Experiencing Record-Low Inventory Numbers

Denver-area REALTOR® Lane Lyon spoke with 9 News about metro Denver's hot housing market and how millennials can get a piece of it. For those looking to get into their first home, Lyon offers this advice: "Get pre-qualified. Talk with a lender. Know what your options are. With interest rates the way they are, you may be able to afford...

Home Prices Up Across Colorado Despite Snowy, Cold February

Winter weather doesn’t slow home sales as buyers gobbled up record low inventory ENGLEWOOD, CO. – March 11, 2020 – A growing number of homes coming onto the market in the first few months of the year, coupled with a cold and snowy February, wasn’t enough to offset pent-up demand from buyers ready to gobble up available single-family homes and condo/townhomes...

Pueblo Market Remains Strong; Median Sales Price Increases in 2019

“Overall, the 2019 Pueblo market was about the same as 2018, plus or minus 2%. The two big differences were median sales price, which rose just more than 13% to finish the year at $210,000, and days on market, up 8.6% over 2018. The 2019 sold listings slipped a total of 45 from 2018, just a 1.6% dip. We are...