Inventory is down, prices have gone up and our number of sold properties have gone down. The year over year median sold price went up 7.5% according to our DMAR Market Trends report! The past few weeks I have been looking at houses to compare to listings I have coming on the market and what […]
Denver Real Estate Market Stats – October 2016
Denver Real Estate Market Statistics for October 2016 We had the largest drop in inventory in 30 years – 11.4%. We have 6,731 homes for sale. An average October would be around the 16,000 range of homes for sale. Denver normally sees a drop in inventory this time of year. Sales tend to slow […]
Denver Real Estate Market Statistics – July 2016
Denver Real Estate Market Statistics once again focuses on our inventory. Denver hits an all-time low again in July, with only 7,468 homes available for purchase. Our all-time high was in 2006 with 31,989. Yes, that is 5 times the amount of homes for sale! That was a crazy buyer’s market. We need to […]
Denver Real Estate Market Statistics | May 2016
Denver Real Estate Market Statistics – May 2016 We are still breaking records in the Denver Real Estate Market. We’ve hit another all-time low of inventory for May. The record low May for inventory was 2015 5,463 – our new record was set this year, 2016 with only 5,657 homes on the market! The record […]
Are We Overbuilding Denver?
Are we overbuilding Denver? Who is going to buy all the houses being built? These are the questions I am most asked this year. With construction happening on practically every street in Denver, homeowners are happy, frustrated, excited, confused all in one moment. Looking at the first quarter stats, I think this graph best […]