Colorado Association of REALTORS | Stats & Trends
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Stats & Trends

Colorado Association of REALTORS® Says Median Price for a Single-Family Home in Denver was $510,000 in July

The median price for a single-family home in Denver was $510,000 in July, up about 6 percent over last year. But in a sign of a shift — however slight — toward a buyers’ market, sellers were getting 99.3 percent of what they were asking, compared to 100.3 percent last year, according to the latest monthly data report released Monday by...

The house in human hands

Hot or Not? Depends on Local Market Down to the Neighborhood

July housing sales strongest in years for select local markets while falling interest rates can’t overcome long-term inventory issues Contact:  Marty Schechter for CAR marty@schechterpr.com https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – Aug 12, 2019 – With falling interest rates and less expensive mortgages, sales of single-family homes were strong in select local markets, including a record-setting month in Colorado Springs, but fell off overall from June to July in...

Boulder County Housing Market Experiencing ‘Much-Needed Correction’

Housing markets around the state are beginning to cool down, and Boulder County is no exception, according to the latest monthly market statistical report from the Colorado Association of REALTORS®. “In Boulder County, it appears the days of the seller’s market are over,” the report stated.“Buyers rejoice … prices seem reasonable and the bidding war days seem like a distant memory.”...

June Brings Inventory and Price Relief to Colorado’s Housing Market

Following record-setting May, opportunities expand for buyers as appreciation cools and inventory improves ENGLEWOOD, CO. – July 11, 2019 – After reaching record highs for median pricing and new listings across the Denver metro region and state housing markets in May, a slight cooling in June - similar to what has happened in June the past two years - helped create a few more opportunities...

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New Report Shows US Housing Supply Falls Far Short of What is Needed

Although household growth is returning to a more normal pace, our new State of the Nation's Housing report shows that housing production still falls short of what is needed, which is keeping pressure on house prices and rents and eroding affordability. While demographic trends alone should support a vibrant housing market over the coming decade, realizing this potential depends heavily...

Dawn over Red Rocks and grass fields in Boulder CO

Housing Prices Aren’t Moving Up in Boulder County

Housing prices in Boulder County are plateauing despite a low inventory, according to the latest data for May from the Colorado Association of Realtors.   Prices aren’t inching up, and mostly are at the levels they were at in May 2018. “We are not seeing gains or losses. We are seeing a stagnation,” said Kelly Moye, a Broomfield-based RE/MAX Alliance REALTOR® and former president...

Demand Devours Inventory Despite Record Number of New Listings

FOR IMMEDIATE RELEASE   Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com    Demand devours inventory despite record number of new listings Record number of new listings across state can’t correct housing inventory and affordability challenges as prices continue climb   https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, CO. – June 12, 2019 – Despite a record number of new single-family (12,962) and condo/townhome (3,768) listings hitting the Colorado housing market in a record cold May,...

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Pueblo housing market stays close to last year’s peak; median selling price nudges higher

Pueblo’s housing market isn’t losing much of a step.   Home sales in April remained down from last year’s peak but they rebounded from March’s weak start to the spring homebuying season.   For single-family homes, the median selling price of $199,000 in April was up 2.1% from a year earlier, according to the Colorado Association of REALTORS®’ monthly report. The average selling price...

New housing inventory delivers little help to buyers as strong sales continue to drive pricing to new record highs across Colorado

ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...

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How Does New Construction Affect Housing Prices?

Denver’s 2019 elections have become a referendum on development, with Mayor Michael Hancock defending his handling of the city’s rapid urban growth. The debate has produced some major questions about development, housing and money. Here are some answers.   Are housing prices slowing down?   Yes. The pace of increases for rent and sale prices has slowed down lately. The median single-family home in...