Denver Real Estate Market Update - March 2019 The big news in Denver real estate in March was announced to the world earlier this month by the Denver Post. The year over year median home price in the Denver area dropped for the first time in seven years. Yes, it's true! In February the median home price in Denver came in right at $400,000. This was up from January by 1.27 percent but down from February of 2018 by 1.23 percent. Not a huge decrease but a decrease non the less. And as said earlier, … [Read more...]

Denver Real Estate Market Update - November 2018 For the last few months we have been seeing seasonal drops in average sales price in the Denver real estate market. In October 2017, we saw a bump up in average sales price. We saw the same this October with average sales price coming in at $471,321 an increase of 3.26 percent over September. And an increase of 7.21 percent over October 2017. https://youtu.be/Xeg0JqBfMJI The movement in sales price of a detached home versus an attached home … [Read more...]

Denver Real Estate Market Update - April 2018 In February the average price of a detached single family home in the Denver metro area hit over $500,000 for the first time. The number came in at $502,986 to be exact. In March that number went up to $522,277. That's a 3.77% jump in just one month. I expect that the average price of a home in Denver will continue to go up monthly through June. In July prices will start to decline as the spring/summer selling season tapers off. The average home … [Read more...]

Denver Real Estate Market Update - March 2018 The temperatures in Denver have been unseasonably warm and the real estate market is HOT! February was another record breaking month. We saw some records broken in both December and January. But both month those records were in relation to the housing inventory shortage in Denver. This month's record is different. In February the average sales price of a detached single family home in the Denver area hit an all time high and topped the half million … [Read more...]