In 2019 we had the lowest average price appreciation in about 6 years, as our market had some ups and downs during the year and finished the year with the Average Single Family Home Price at $526,784 up only 2.8% Annually! Townhomes/Condos were also in the single digits of Appreciation at 4.3% Annually and the… [Read More]
October 2019 Market Update
Our Market in 2019 is very similar to 2018 with a couple exceptions like Price Appreciation has slowed a lot and looks to end the year in the 2-4% vs the 8-10% we have seen over the last several years and the Days on the Market is increasing! Here is the good news! Buyers are… [Read More]
September 2019 Market Update
Our main Theme for the Denver Metro Market is holding pretty true to what we expected as most of our data is very similar to 2018, however there is one major theme that has happened! We are no longer calling the Market as Shifting, and now we call the market as Shifted! First: Sellers, please… [Read More]
August 2019 Market Update
7 COUNTY METROPOLITAN DENVER MARKET UPDATE AUGUST, 2019 Market Metrics: By the numbers, the inventory of available homes for sale is 8,156 homes at July month end, 6,019 homes came onto the market, 4,909 homes went under contract, and 5,355 homes closed at a median sold price of $427,500 and an average sold price of… [Read More]
July 2019 Market Update
The Metro Denver prime season continues and we are seeing many changes that are different than in the prior years. New active listings are increasing. For Sellers, you will see an increase in offers, negotiations, and the possibility of price adjustments. With interest rates staying low and many buyers in the market, it continues to… [Read More]
June 2019 Market Update
Please do not hesitate to call me for any of your real estate needs! Have a great weekend!
August 2018 Market Report
AUGUST CONTINUED TO SEE CHANGES IN THE METRO DENVER HOME MARKET. THE NUMBER OF ACTIVE LISTINGS HAS INCREASED. THE NUMBER OF HOMES, AND THE AVERAGE AND MEDIAN SOLD PRICE HAS DECREASED. OVERALL, THE METRO DENVER HOME MARKET CONTINUES TO BE A PRIME MARKET AND BUYERS WILL BE LOOKING FOR A HOME TO HAVE FOR THE… [Read More]
June 2018 Market Update
JUNE NOW SHOWS A CHANGE IN THE METRO DENVER HOME MARKET. YES, MORE HOMES ARE NOW ACTIVE ON THE MARKET AND PRICE APPRECIATION HAS SLOWED DOWN; BUT, WE CONTINUE TO SEE MANY POTENTIAL HOME BUYERS IN THE DENVER METRO MARKET. OVERALL, THE METRO DENVER HOME MARKET CONTINUES TO BE A TOP HOME MARKET AND THIS… [Read More]
Builder Confidence at a Springtime High
Home builder confidence in the new, single-family construction market hit a springtime high in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for November was 70, the highest since March and up two points from October. An above-50 reading indicates more builders have a positive outlook than… [Read More]
Market Report Denver Real Estate – October 2017
Fall is here and we are seeing an increased seasonal slowdown in the Denver Metro home market. Showings are slowing down , open houses are back, mortgage rates have risen, sellers are reducing prices, buyers are escalating demands during the inspection process, and many buyers now want turn key properties so they can move in… [Read More]