Colorado Association of REALTORS | Market Trends
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Market Trends

Estes Park Trail Gazette: Colorado housing markets have a demand problem

Estes Park average home price up 22% year-over-year “The average sale price for a single-family home has jumped 21.9% compared to last year, townhouse/condos also saw an increase of 29.6%. While this is not quite as rapid of growth as other areas of Colorado, it is an incredible increase to the overall pricing in an already tight market. New listings are down...

Colorado Housing Markets Have A Demand Problem

Double digit appreciation and over-asking price records shattered in this ‘new norm’ https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest data from the Colorado Association of REALTORS®...

The Colorado Sun: As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are

Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter. For many older adult homeowners, the idea of downsizing or simply moving to a home where the design and layout — plus accompanying financial considerations — makes more sense has run up...

Denver Post: Colorado’s housing market redefines Rocky Mountain high in April

Median price of a single-family home sold last month tops $500,000 The median of a single-family home sold in Colorado crossed above $500,000 for the first time ever in April and is running at an elevation 1.5 times higher than the U.S. median, according to a monthly update from the Colorado Association of Realtors. “For the short term, there is no calm in sight....

Fort Collins, Greeley, Loveland/Berthoud and Longmont REALTORS® Commission Study on Metro Districts

Metro District Impacts on Housing Costs for Home Buyers1 The Study: The Fort Collins Board of REALTORS®, the Greeley Area REALTOR® Association, the Longmont Association of REALTORS® and the Loveland-Berthoud Association of REALTORS® commissioned Anderson Economic Group (AEG) to analyze how purchasing a home in a metro district impacts homebuyers in order to better educate our members and their clients. To our knowledge, this study is the first of...

Westword: Median Colorado Single Family Home Price Tops $500K for First Time

Westword highlighted increasing home prices in Colorado, citing the Colorado Association of REALTORS' April Market Trends Report indicating the median price of a single-family home is over $500,000. Durango-area REALTOR Jarrod Nixon said, "Many industry experts believe there is no bubble. Instead, the demand for housing in the west, particularly in resort areas, is higher than ever due to the migration...

Denver Business Journal: What Homebuyers Are Up Against in the Denver Market Despite Inventory Boost

“Long ago, the ‘love letter’ was the way to romance a seller into accepting your offer – no more,” said Denver-area REALTOR® Matthew Leprino. “Today, the love letter comes in the form of a larger overall check and, in most cases, paying significantly more than a house may be worth at that snapshot in time. We [REALTORS®] have and hopefully will always continue...

Median Price of a Single-Family Home in Colorado Tops $500,000 for First Time

Above asking price trend reaches new highs as insatiable homebuyer appetite continues and sellers ask, “what’s a buyer willing to pay?” ENGLEWOOD, CO – May 12, 2021 – Despite the first month-over-month increase in the inventory of active listings in nearly a year, an insatiable homebuyer appetite quickly offset those gains with increases in the number of properties under contract and closed in April, according...

Westword: Why a Metro Denver Home’s List Price Is Only a Starting Point Now

CAR's March Market Trends report was further evidence that Denver and the surrounding areas continue to be one of the hottest real estate markets in the U.S. Active listings are down 78 percent compared to the same period one year ago, resulting in a 15.6 percent price increase year over year. The lack of homes on the market has...

Boulder Daily Camera: Regional Cities Set Records for Median Home Price; Boulder Tops $1.55M Median Housing Price

“I think you have a bit of a perfect storm of a combination of factors that are coming together,” said Boulder-area REALTOR Kelly Moye. “Specifically California, New York, Chicago and Texas are the places where the most people are coming from. There’s just a massive move here.” Moye said many of those relocating to Colorado are doing so...