Ready to Make Your Move?The Current Front Range Real Estate Market
We consistently publish information about the Metro Denver real estate market, including updates on pricing, sales, time on the market and more. Take a look at recent posts here. We also publish updates on our other website, Metro Denver Luxury Homes.
Front Range Real Estate Market Update, August 13, 2020
From July 2019 to July 2020 the number of active listings – all homes for sale in the metro area, including townhomes, condos and single-family homes – decreased 41.5%. That lack of inventory was a major
Front Range Real Estate Market Update, August 6, 2020
There still aren’t enough homes for sale in Metro Denver to satisfy buyer demand. Statistics for July indicate scarcity of choice was one reason detached homes sold at a record average price last month – $601,863.
What $465,000 buys right now in three Metro Denver Counties
The median value of homes in the metro area is about $465,000 and we’re seeing quite a few price reductions in the market. We thought it would be interesting to take a look at what you
Front Range Real Estate Market Update, July 23, 2020
Last week, we mentioned that some analysts believe home prices will decrease in the metro area by next May. Even if prices do decrease, it may make sense to buy a home now rather than wait.
Front Range Real Estate Market Update, July 16, 2020
California’s CoreLogic, a data and analytics company, just released their Home Price Insights report, designed to predict what will happen with housing between now and May 2021. The report predicts home prices will decrease 6.6% from May 2020
Front Range Real Estate Market Report, July 9, 2020
June numbers are out. As the economy opened, a combination of low interest rates, pent up demand and low inventory led to more homes being under contract than came on the market. 7,676 homes went under
Happy Fourth of July from The Principal Team
Have a safe and happy Fourth of July weekend! We hope you’re doing well. For many of us, this is a trying time. The people who serve our community the most seem to be going through
Front Range Real Estate Market Report – 6/25/2020
Market Update, June 25, 2020 For years, home prices have risen steadily in the Denver metro area, but we may be seeing some stabilization in pricing now. The average price for a home that sold in
Front Range Real Estate Market Update, June 11, 2020
Market Update, June 11, 2020 Where were you in 2010? In the same home? In a different state or town? We thought it would be interesting to look at some key real estate statistics from May 2020
Front Range Real Estate Market Update, June 2020
June Market Report Month-over-month numbers for May The number of homes sold, the average closed price and the median closed price were all down in May, but the active inventory and number of homes under contract
Front Range Real Estate Market Report – May 28, 2020
Market Update, May 28, 2020 Mortgages are on our minds again this week. Rates set a new record low for the third time in three months. The average rate for a 30-year fixed mortgage fell to
Front Range Market Update – 4/30/2020
Nobody knows for sure what will happen, but once the economy opens, we believe we’re likely to see a surge in the real estate market that will last two to three weeks. Pent up demand for