Real Estate

2017 Year End Stats

Inventory  tells the story. While our prices rose again in 2017, inventory continues to fall.  Supply and demand is driving our market, still making it tough if you are a Buyer. While the new housing market is trying to fill the gap they are constrained by available lots and labor to build.  Average build times…

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2017 – 8.31% Average Home Price Appreciation in Denver Metro

The stats are in, another banner year for Colorado real estate values.  The Denver Metro MLS, the largest MLS in the state reported 8.31% appreciation in the average home price through November 2017.  The  average price of a single family home now stands ar $479,192.00 New construction starts are anticipated to be 13,000 in 2018. …

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Conensus: Denver Metro Market Continues to Soar

Denver Home Prices Up 41.4 Percent from Previous Peak   According to Case Shiller, in May 2017, Denver average home prices reached $456,100, approximately 41.4% higher than the previous Denver peak price of $322,600 in August 2006. Although Metro Denver was more stable than the 20-city composite shown above during the “Great Recession”, Metro Denver has recently…

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Denver Metro Home Prices Continue Steady Climb in June

GREENWOOD VILLAGE, CO – July 7, 2017 – The latest data from REcolorado, the provider of REcolorado.com, a free home search site for Colorado home buyers, sellers, and renters, indicates the average price of a single-family home is continuing to rise, as demand remains strong. The average sale price of a single-family home climbed above…

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Feburary Market Trends- 2017 Denver Metro Real Estate Market

Active listings in the residential market (single family and condos) dropped 6.47 percent to 3,989 last month, which represented an all-time low for any January on record – and only the second-time active listings have dropped below 4,000. The number of sold listings in January decreased by 33.21 percent compared to the previous month. According…

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1st Market Trend Report of 2017

Highlights: + Denver market ranks second in nation for rising housing prices. + Home values in the Denver metro area increased 45.5 percent over the past 10 years. + Oil giant, BP, is moving its U.S. headquarters from Houston to Denver to be closer to its Rocky Mountain operations resulting in 200 workers calling Denver home. + Buyers…

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