Denver Real Estate Market Update - February 2020 Housing inventory is low in Denver going into 2020. Although we saw 4,853 new listings come on the market in January, those homes were quickly scooped up by homebuyers. New listings were up a whopping 89.27% from December and up 0.54% from January of 2019. But 4,923 homes went under contract in January. This was up 43.03% from December and up 24.91% from January of 2019. So even with the flood of new listings, they are selling fast. At the end of … [Read more...]
Denver Real Estate Market Update – January 2020
Denver Real Estate Market Update - January 2020 Denver entered 2020 with tight housing inventory once again. We had seen some relief earlier in the year. But as the year went on, we saw inventory tighten. Denver had 5,037 active listings at the end of December. This was down 27.92% from November 2019 and down 9.68% from December 2018. 2,558 new listings came on the market in Denver in December. This was down 29.94% from November but up 11.46% over December of … [Read more...]
Denver Real Estate Market Update – September 2019
Denver Real Estate Market Update - September 2019 The average sales price in Denver at the end of August came in at $488,918. This was down 1.3 percent from July and up 3.53 percent over August 2018. https://youtu.be/dZMXjPhLPsQ 5,219 homes sold in August, down 10.91 percent from July and down 7.86 percent from August of 2018. August ended with 9,350 homes on the market. This was nearly identical to the end of July, down just 0.1 percent. But is was up 13.64 percent over August of 2018. … [Read more...]
Denver Real Estate Market Update – February 2018
According to January numbers it looks like the Denver Real Estate Market is as hot as ever. In fact, inventory seems to be more of an issue. In December Denver saw it's lowest inventory on record. And although inventory went up in January, January 2018 had the lowest inventory for any January on record. There were 4,182 new listings in January. And 4,085 homes went under contract in January. As you can see, nearly as many homes went under contract as new listings. We need to see more new … [Read more...]
