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...
August 2021 Market Update for Denver Metro

August 2021 Market Update for Denver Metro

August 2021 Summary: August 2021 showed a slowdown in inventory and activity from July which is consistent with traditional seasonality as people come back from vacations and prepare for the school year and the fall.  Buyers continue to benefit from low interest rates...
July 2021 Market Update for Denver Metro

July 2021 Market Update for Denver Metro

July 2021 showed continued shifts in the Denver Metro real estate market with the number of closings and average close price coming down. Inventory is up while days on market remains steady.  July 2021 stats: Avg Sales Price for Denver Metro: $699,795 Avg Days on...