Denver Metro Market Recap February 2022

Denver Metro Market Recap February 2022

Highlights  New listings and closings were both up slightly from last month, but down for the year overall when compared to this time last year  The 104.75% close-to-list price ratio was an all time high, and correlates to homes closing in February...
Denver Metro Market Recap January 2022

Denver Metro Market Recap January 2022

Highlights  New listings were up 31% over the previous month, but still much lower than the 70% increase we normally see from Dec to Jan  While sale prices were seasonally lower, buyer competition remained high, with homes closing on average $12.5k...
December 2021 Market Update Denver Metro

December 2021 Market Update Denver Metro

Highlights  December saw another month of inventory declines as more homes went under contract (3,321) than there were new listings (2,652)  Demand is at an all-time high with 63,684 homes sold in 2021, the highest number ever, while new listings for...
November 2021 Market Update Denver Metro

November 2021 Market Update Denver Metro

Highlights  November saw another drop in inventory with continued seasonal decline expected, setting up for a competitive 2022  Despite low inventory, more homes have been purchased year-to-date than in any of the previous 5 years with a record-setting...
October 2021 Market Update Denver Metro

October 2021 Market Update Denver Metro

Highlights  October represented a cooling of the market across the board consistent with Denver’s normal year-end seasonality  While homes are still closing above asking (101.82%), the extreme bidding wars are less common, giving buyers without...
September 2021 Market Update Denver Metro

September 2021 Market Update Denver Metro

September 2021 Summary: After a relative slow down in July & August, September returned to the normal red-hot speed of today’s housing market. There remains heavy competition amongst buyers, while a slight uptick in inventory meant buyers had a few more...