Colorado Association of REALTORS | Stats
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Stats Tag

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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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...

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Winter adds to slowing home sales in Pueblo

Single-family home sales across the state were down 3.9 percent in February from a year ago, according to Colorado Association of REALTORS® data. They were down 5.1 percent in January and February combined.   In Pueblo County, the drop was steeper. Single-family home sales were down 24 percent last month from February 2018. They were down 15 percent for January and February...

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Home sales slowed across most of Colorado in 2018

Despite drop in sales, median prices continued to climb   Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.   Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...

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Housing affordability hits lowest point for Colorado markets

The Housing Affordability Index across Colorado is at its lowest point since the Colorado Association of REALTORS® started the measurement in January 2010, according to a Monday press release from the organization.   Looking at both the seven-county metro area and statewide markets, affordability is down 18 percent from this time last year for single-family homes and 20 percent for condos/townhomes, the...

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REALTORS® foresee decline despite strong GarCo market

Garfield County stands as a bright spot in the Colorado real estate market, which is dipping across the state, but the strong sales numbers may not last long. ### The number of Garfield County single-family home listings sold in September rose 5.9 percent compared to September 2017, while statewide single-family home sales dipped 15.2 percent in the same period. ### “The overall September numbers...

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Home Sales Dropping Across Much of Colorado

The Colorado Association of REALTORS® recently reported that the number of single-family home listings sold in Colorado dropped 14.6 percent in September compared to the same month a year earlier. Sales of townhouses and condos dropped 15.2 percent.   The Denver Post reports that metro Denver area year-over-year single-family home sales in September fell 15.8 percent.   Elsewhere, home sales fell 26.7 percent in...

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Home sales slid across Colorado in September

Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country.   Existing home sales in the United States fell 3.4% in August from September to a seasonally adjusted annual rate of 5.15 million. Year-over-year, they are down 4.1%, according to an update Friday from...

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Which City is Better: Denver or Colorado Springs?

DENVER -- Denver and Colorado Springs — are we rivals or friends? And which city is better to live in?   Several recent surveys are giving the nod to Colorado Springs.   U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and...

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Tell Me Something I Don’t Know

Indeed, Denver's popularity is reflected in the ever-increasing cost and competitiveness of buying a home in the metro area   BY MATTHEW LEPRINO   There are only so many Top 10 lists those of us who adore our city can read. I find myself silently saying “Tell me something I don’t know,” whenever I read one. Sure, Denver is, one of the best place to live in...