Market News - Denver

March 8, 2024

How Did February 2024 do in the Denver Metro Area?

Rates at this point are still higher, 6.625%, so many buyers are "sitting tight", but some are still buying.   We are seeing more properties going pending than new listings coming on each week.   Days on market are only 24 days.   Median price is $575,000 and ...

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Aug. 22, 2023

Denver Metro Areas Sales were Slower in July 2023

The stats are out for the month of July, and the numbers reflect a dip in sales for the month.   The inventory increased from last month but still could use more inventory in many neighborhoods!   


This data is courtesy of Joan Cox - House to Home, Inc ...

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June 28, 2023

How is the Market in Denver Colorado - Update May 2023


The stats are out for the month of May, and the numbers reflect an increase in the spring and early summer buying season.   The inventory increased from last month but still not many homes to choose from!   


This data is courtesy of Joan Cox - House ...

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April 14, 2023

Denver is Finally Seeing a Spring Buying Season

The stats are out for the month of March, and the numbers reflect the uptick of a spring buying season.   The inventory increased 15% from last month but increased 41.5% over last year.  The inventory has not moved much since the beginning of the year.



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Feb. 15, 2023

What does the 2023 Real Estate Market Look Like?

In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to respond, the housing market has reacted accordingly.   In Denver, we saw a shift almost immediately.

Both demand and ...

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Jan. 16, 2023

Is Denver's Market Slow in 2023?

Every time we turn around, there is someone professing the market is SLOW, and homes aren't selling in Denver.   That is true when the home is priced too high, needs repairs or the location is less than desirable.    We were slowing in December, but right after the ...

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June 13, 2022

Can we Make a Contingent Offer?

No arguments, the market is shifting, and it feels like a driver lightly tapping the brakes on a car!    We are seeing more inventory (actually more than we have in the last 1.5 years) and more price reductions in the last few weeks.   Ever since the interest ...

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Nov. 10, 2021

Home Values, Short Sales & Bank Foreclosures


I know I get many questions about if everyone is "quitting their jobs", will we start seeing some good deals in the Denver metro area?


I would say NO, and petty adamantly too!   With home values in May (over one year) we saw a 24% increase, so ...

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Aug. 12, 2021

As we Near Fall - How's the Market in Denver?


After record months of sales - we are seeing a slight shift in August.   Inventory is down over last year (-50.8%), but at least seeing more listings coming on each month!  In a more stable market, we usually see 8-10,000 listings.    Sellers sure are seeing ...

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June 9, 2021

How did the Denver Market fare in May 2021?


The stats are out for the month of May, and it was another very busy month!   As of almost mid-June, we are seeing more new listings than previous months, but down 76.6% over one year ago.  I think many Sellers are nervous about listing their homes ...

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