Colorado Association of REALTORS | Market Trends
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Market Trends

Denver Post: Home Sales and Price Records Were Set All Across Colorado in July

“Buyers waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars,” said Colorado Springs-area REALTOR Jay Gupta in response to CAR's July 2020 Market Statistics Report. As noted in the report, buyers snapped up a record 10,771 single family homes in Colorado in July. Read the full Denver Post article. ...

July Home Sales Shatter Records; Nearly Double from May to July Driving Median Pricing to Record Highs Across Colorado

Contact:   Marty Schechter for CAR 303-882-4585 cell  marty@schechterpr.com    ENGLEWOOD, CO – Aug. 12, 2020 – A record number of single-family homes sold in July have shattered state records and driven median home prices to record highs as well, according to the latest monthly housing data from the Colorado Association of REALTORS® (CAR). Despite another strong month of new listings, a...

Colorado Home Buyers Still Hungry For Limited Inventory

By Sarah Mulholland, CPR News Statewide, the number of homes listed for sale in June fell 39 percent compared to the same time last year, according to a report from the Colorado Association of Realtors. Buyers are snapping up limited inventory now that stay-at-home orders are lifted, pushing the number of homes under contract up more than 30 percent — to...

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...