Front Range Real Estate Market Reports

Home prices in Metro Denver have fallen for about six months. With higher interest rates, inflation and fears about the economy, why haven’t they fallen even further?

October numbers just arrived. There were more than twice as many homes for sale last month compared to October 2021. The average sold price is up 8.22% compared to a year ago, but down 10.8% from a peak of $742,491 in April. Homes continue to take longer to sell, with the average home taking 28 days to sell in October.

With rates rising and prices up year-over-year, we’re wondering, what does it cost to purchase a home in Metro Denver compared to a year ago?

With rates rising and prices up year-over-year, we’re wondering, what does it cost to purchase a home in Metro Denver compared to a year ago?

You may have heard reports that say we’ve entered a “housing recession.” If you’re like me, you’ve been asking, “What is a housing recession?” Maybe you’ve also wondered, “Are we in one in Metro Denver?”

You may have heard reports that say we’ve entered a “housing recession.” If you’re like me, you’ve been asking, “What is a housing recession?” Maybe you’ve also wondered, “Are we in one in Metro Denver?”

About 48% of homes for sale in Metro Denver have been on the market longer than 30 days. We also see more homes reduced in price.

Listings are having more showings now than ever. The average listing in our MLS had more than 14 showings in January. This is another indication of how low inventory has been compared to demand. Ten years ago, the average was four, and five years ago it was seven. We haven’t experienced over-lapping showings since before

Competition for homes is fierce right now. If you’re going to buy a home soon, you may have to compromise on something. Generally, buyers can compromise on: Price – You can pay more than you hope to pay Location – You can choose a home in a different part of town Condition – You can