Colorado Association of REALTORS | Market Trends
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Market Trends

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...

Garfield County’s Housing Supply Continues to Shrink

“While our market continues to struggle with low inventory, which of course results in higher prices, we are starting to see some new construction which brings hope to first-time homebuyers as well as move-up buyers,” said Erin Bassett, president of Glenwood Springs Association of REALTORS. “Spring should bring new resale inventory as well.” “We just, honestly, have no inventory,”...

Supply of Homes for Sale Is Shrinking Across Colorado, Not Just in Denver

“Our Colorado market has become so tough and unaffordable that the U-Haul report showed that people are now coming here less than they were just last year. In 2018 Colorado ranked number 16 on the list of states to move to. We now sit at 42 as word on the street is, we cost too much,” said Patrick Muldoon, a...

Decade Closes with Record-Low Inventory Across Colorado

Housing markets gear up for most active months with little inventory as affordability improves Contact:  Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO. – Jan. 13, 2020 – Colorado housing markets closed out the past decade with 10-year record or near record lows in several key inventory related categories, according to the latest monthly market data from the...

New Listings Drop 30 Percent Statewide; Low Inventory and Affordability Dominate Colorado’s 2019 Housing Market Story

Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Dec. 11, 2019 – With a 30 percent dip in new listings statewide between October and November, the low inventory story continues to drive nearly every market across the state, according to the latest monthly market data from the Colorado Association of REALTORS® (CAR). The months’ supply of inventory for both single-family...

Colorado Markets See Double-Digit Declines in Active Inventory

Wide range of local ingredients are flavoring housing markets across the metro area and state Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Nov. 12, 2019 – The anticipated seasonal slowdown in the housing market’s new listings has been met with strong pending/under contract numbers creating 13-20 percent declines in the inventory of active listings across the Denver-metro area and statewide,...

Springs Housing Market Stays Strong Amid Seasonal Challenges

“September 2019 was another strong month for the Colorado Springs-area housing market for single-family/patio homes,” Colorado Springs REALTOR Jay Gupta said. " “Our average sales price was $368,430, with the median sales price of $325,500, and a 1.5-month supply of inventory,” Gupta said. “Since buyers generally purchase properties offering competitive values, 42 percent of El Paso and 31 percent...