It's official. The Denver real estate market is changing. For years, experts pointed to supply and demand to justify the continued price hikes on Denver homes. In other words, we could all expect home prices to continue their intense climb given the large amount of Denver home demand relative to the small amount of Denver home [...]
The September market report for Denver real estate features buyer-friendly stats... at least when considering Denver's extreme sellers market (it's all relative, right?).
The average detached home costs $525,346
The number of homes on the market has increased by 12% since last year. This is a 4 year high!
The number of homes sold has decreased by 11% since last
Denver real estatebuyers, take a sigh of relief. Denver may still be a strong seller's market, but buyers have more choices and less competition than just a few months ago.
Over the past several months, the residential real estate market has been incrementally cooling, providing a bit more opportunity for buyers. So, dust off that house [...]
July'sDenver real estatenumbers show a continued balancing of the market - an incremental slow-down, if you will. Last month, we reported our prediction that this slowing market was the product of a seasonal shift. In other words, residential real estate busy season began early, so it was ending early [...]
A seasonal shift may be coming to the Denver real estate market! DMAR's June numbers (based on May data) look as though Denver's summer slow down hit a bit early for 2018. But, with the market so hot one might mistake it for the blazing summer sun... why the early cloud [...]
Last monthsignaled the start of Denver's predictable spring busy season for real estate and what a busy season it's been! April saw decreased days on market and growing home prices. Spring through fall of 2018 is cueing up to be just as speedy as the past few years - buckle up for a brisk [...]
Spring brings about a real estate buzz like no other Colorado season. With the temps climbing and the sun shining, the Denver real estate market has warmed up as well. In fact, the warming of the market started early this year, with February indicating a busy home market to come. 2018 could be shaping up to beat records just like the years [...]
Last month, the average Denver single family home price exceeded half a million dollars. This local milestone represents years worth of equity climbs, low inventory, and the changing Mile High City as a [...]
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