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Summer slowdown or shift in the housing market?

FOR IMMEDIATE RELEASE   Summer slowdown or shift in the housing market? https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...

Inventory isn’t the problem, ‘Active Inventory’ is

By Matthew Leprino   It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role.   Along with increased pressure on developers to turn over a quality product - and fast at that -...

Pueblo West Home Sales Nearing Pre-Recession Levels

The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS®   "There is a lack of inventory," Anderson said, "as well...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...

Median Sales Price for Homes Drops in July

The median sales price of a single-family home in Colorado dropped 3 percent to $336,000 from June to July of this year, the first reversal in what had been steadily rising prices since November 2015.  Condominium/townhouse prices also dropped 3 percent to $240,000, the first decline since January.  Compared to July 2015, however, single-family median prices were up 8 percent...

Inventory a Problem as Buying Season Approaches

A third consecutive month of increases in the number of homes coming onto the market in February was not significant in impacting the overall inventory of homes statewide which hit a six-year low.  The number of single-family homes added to the market in February (6,938) was an increase of 11 percent over January but still 4 percent below February 2015. ...

Sales and Prices Increase in Colorado

Competition remains fierce for single-family homes and condos as supply of for-sale properties drops By The Denver Post Median home prices continue to rise statewide and completed sales heated up in December, reversing a slowdown that began in June, according to a report released Wednesday by the Colorado Association of REALTORS. There were 6,617 single-family home sales last month, up 21 percent from...

Home Sales Decline During July

After six consecutive months of steady movement upward, sales of single-family homes declined 4 percent to 8,700 and condominium/townhouse sales were down 2 percent to 2,761 compared to June.  Even so, those figures compare very favorably to July 2014 (+5 percent for single-family and +13 percent for condominiums/townhouses).  A drop in home sales at this time of year is common,...

June Housing Sales Strong Throughout the State

June sales of both single-family homes and condominiums-townhouses were strong throughout the entire State of Colorado compared to the same month in 2014, according to market statistics prepared for the Colorado Association of REALTORS® (CAR) by 10K Research and Marketing, a Minneapolis-based real estate technology company using data provided by all of the Multiple Listing Services (MLS) in Colorado..    Last...