Market Updates

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Market Updates Inventory Increases – July 2023 Metro Denver Market Update Pending sales and new listings increased month-over-month. Active inventory has also increased month over month and is about the same as it was this time last year. However, average days on market increased month-over-month, and closed sales decreased showing a slight slowdown in buyer activity. June’s vital statistics for all homes – detached single family […]
Market Updates Still not enough Sellers – May 2023 Metro Denver Market Update Still not enough Sellers – May 2023 Metro Denver Market Update   Pending sales increased month over month. However, new listings, and closed sales decreased. Inventory remains very low as homes are going off the market almost as quickly as they become available.   April’s vital statistics for all homes – detached single family (DSF) and […]
Market Updates Market Outperforms Expectations – April 2023 Metro Denver Market Update As the market slowed down in the second half of 2022, many predicted a calmer spring selling season this year, but continued low inventory and a jump in buyer demand in March resulted in a stronger-than-expected start to the season. March’s vital statistics for all homes – detached single family (DSF) and attached single family […]
Market Updates January 2023 Metro Denver Market Update Mixed Signals on the Housing Market – February 2023 Metro Denver Market Update As expected, sellers who waited during the holidays to list their homes were ready to list at the beginning of the new year. The number of new listings in January increased 65% compared to December. January’s vital statistics for all homes – […]
Market Updates End of December 2022 Real Estate Market Update Market Ends the Year More Balanced – January 2023 Metro Denver Market Update   A drop in buyer demand entering the holiday season and sellers still pricing homes too high resulted in a jump in the average number of days homes remained on the market. Since May 2022, when home prices in the Denver Metro […]
Market Updates November 2022 Real Estate Market Update Market Cools but Prices Still up From a Year Ago – November 2022 Metro Denver Market Update The drop in inventory from the previous month follows the typical slowdown at the end of the year as people wait until after the holidays to list their homes. Although prices were up year-over-year, homes are sitting on […]
Market Updates October 2022 Real Estate Market Update Denver’s Housing Market Evolves Active inventory at the end of October was down slightly compared to September, and although it is up 116% compared to a year ago, it is still below the pre-pandemic active inventory of 8,600 listings at this time in 2019. The average number of days on the market continue to rise […]
Market Updates September 2022 Market Update Statistics Move Toward a More Balanced Market Continues For more than 16 years, the Denver area has been a sellers’ market, which is typically defined as having less than three months of inventory. Inventory across all segments has increased in recent months with some segments near three months of inventory, indicating that we continue to shift […]
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