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 – December 2019
Denver Real Estate Market Update - December 2019 The big news in this month's market update is inventory. November finished with just 6,988 properties on the Denver market. This was down 18.34 percent from October and down 7.2 percent from November of 2018. Why is this news? November is the first month in 2019 with less inventory year over year. In fact, in the spring we were seeing inventory as high as 45 percent over the prior year. But we are once again in a spot where buyers are not seeing … [Read more...]
Denver Real Estate Market Update – November 2019
Denver Real Estate Market Update - November 2019 The average home price in the Denver area in October came in at $486,390. This was up 1.22 percent over September and up 3.54 percent over October of 2018. The average sales price for a detached single family home came in at $535,483. The average sales price for an attached home came in at $365,665. The 1.22 percent increase in average sales price from September to October comes as no surprise. Typically we see a seasonal drop in sales price … [Read more...]
New Homes in Parker Colorado – Richmond at Stonegate
Parker, Colorado Real Estate Shopping for a new home in Parker, Colorado? Richmond American Homes is currently building it's Seasons Collection in the Stonegate neighborhood. The Seasons Collection is a collection of smaller homes with a smaller price tag than most new built homes. These homes are perfect for the first time homebuyer or someone looking to downsize. Do keep in mind that these homes do not have basements. This is one of the ways Richmond is able to offer these homes at a lower price. … [Read more...]
New Paired Homes in Aurora Colorado – KB Home Highland Villas
Shopping for a paired home in Aurora, Colorado? KB Home is currently building their paired home collection in SE Aurora on E Aurora Parkway, just east of Gartrell Road. This convenient location is just minutes from E-470 and Southlands shopping center. Prices in this collection start in the mid 300's. Some notable features included in the base price: - Engineered hardwood floors in kitchen, entry and powder bath - 9' first floor ceilings - 42" Timberlake maple kitchen cabinets - Corian … [Read more...]
New Homes in Aurora Colorado – Richmond at Sorrel Ranch
Shopping for a new home in Aurora, Colorado? Richmond American Homes is currently building in the Sorrel Ranch neighborhood in SE Aurora. Base prices in this collection at Sorrel Ranch range from the mid 400's to the high 400's. Some notable features included in the base price: - Full unfinished basement with 9' ceilings - GE kitchen appliance package in black or white - Granite counters in kitchen and master bathroom - Corian counters in all secondary bathrooms - Tile floors in all wet … [Read more...]
Denver Real Estate Market Update – October 2019
Denver Real Estate Market Update - October 2019 Average home sales price in the Denver metro area came in at $483,734 for the month of September. That was down just 0.56 percent from August and up 6.06 percent year over year. Over the last few years Denver homeowners have been enjoying double digit gains in home value. Since mid 2018 Denver has seen it's year over year gains decreasing. Earlier in the summer we saw a year over year gain as low as 1.5 percent. But those gains have slowly been … [Read more...]
New Homes in Aurora Colorado – Richmond at Copperleaf
Shopping for a new home in Aurora, Colorado? Richmond American Homes is currently building at Copperleaf in Aurora. Base prices range from the the mid 400's to the low 500's. Some notable features included in the base price: - Hardwood floors in entry, kitchen and nook - Tile floors in all wet areas - Full unfinished basement with 9' ceilings and rough-in plumbing - Black GE kitchen appliances (refrigerator not included) - 42" maple kitchen cabinets - Granite counters in the kitchen and … [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...]
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