Colorado Real Estate Market Update

Colorado Real Estate Average Prices Average Prices It’s true, average prices have increased substantially over the last year. Would you have guessed that Weld County has seen the largest increase along the Front Range? The specific numbers are below. As you look at the numbers, it is important to remember that average prices have increased because of appreciation and because […]
Colorado Real Estate No Inventory? One misconception about today’s market is that there is ‘no inventory.’ Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly. The numbers show the number of new listings that came on the market in September closely equate to the number of sales […]
Colorado Real Estate Friday Fun Facts Slight Increase A review of the September market stats shows a slight increase in inventory along the Front Range. The way we currently measure inventory is in days. Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale. The results, based on September’s […]
Colorado Real Estate Market Update Colorado Real Estate Supply & Demand Tracking Change The market is changing.  The change is slight, not drastic. Both potential sellers and potential buyers need to know that the pace of the market has slowed since the Spring. Here is one way we track this change… A review of the August numbers shows the pace of sales in each of our […]
Colorado Real Estate Market Update Real Estate Listing Price Average in Colorado Listing Averages While a lot of attention has been paid to increasing sales prices along the Front Range, it is also interesting to look at the average price of properties currently listed for sale. Did you know, for instance, that the average list price of all the properties currently for sale in Metro Denver is $887,000.  Meanwhile, […]
Colorado Real Estate Add to Your Net Worth! It’s no surprise that for just about every homeowner, their real estate represents the largest portion of their net worth. Check out these numbers from the Federal Reserve’s Survey of Consumer Finances: Median Net Worth in the U.S. = $97,300 Median Net Worth of a Renter = $5,200 Median Net Worth of a Homeowner = $231,400
Colorado Real Estate How’s the Market in NOCO? Here are some observations we have about the market right now: Inventory is up, price reductions are up, the length of time to sell a home is up Seller concessions are more prevalent Sellers are more willing to accept contingent offers (especially in higher price ranges) If a home doesn’t sell within a week, it […]
Colorado Real Estate Market Update More homes for sale! Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.   They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that […]
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Colorado Real Estate Still appreciating – just slower The Latest Here’s the latest from the Federal Housing Finance Authority’s report on price appreciation.  They track 241 markets across the country.  These are the one-year price growth numbers for the Colorado cities on their list: Boulder = 6.14% Colorado Springs = 9.18% Denver = 6.97% Fort Collins = 6.43% Greeley = 7.06% So, even […]
Blog Mortgage Rates are Down Again Down Again Mortgage rates dropped again for the fourth week in a row. The average 30-year rate is now 4.06% which is the lowest it has been all year. Rates today are actually the lowest they have been since early 2018. The main factor driving rates down is the trade war with China. Investors are […]
Colorado Real Estate Property tax assessments 2019 As we are helping people understand their new property assessments and putting together information so that they may protest their new valuation, here is the most common question we hear… Did my property really go up that much? Here are some stats that will help you answer that question. First, you need to know that […]
Colorado Real Estate Colorado Real Estate Market Update Q1 2019     The following analysis of the Metro Denver & Northern Colorado real estate market (which now includes Clear Creek, Gilpin, and Park counties) is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market […]