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Uncategorized October 2022 Denver Market Overview | Continued Cooling Continued cooling marked the October Denver Metro housing market as activity slowed for both buyers and sellers.  There were double-digit decreases in both closed and pending listings when compared to last year. Median sales price continues to see an increase year over year.   When looking at the more recent months in our current 2022 year, […]
Uncategorized August 2022 Denver Market Overview | Fall cool down Fall is in the air.  Cool weather mornings greet me as I walk the dog and realize I now need a sweatshirt.  The market has cooled as well.  Part of this is seasonality of the market, and part is the shift in the market.  I like how Andrew Abrams begins the DMAR Expert Opinion “As […]
Uncategorized July 2022 Denver Market Overview | Balanced July data is in and the data confirms that the Denver Metro area is no longer in a shifting market.  It has actually already shifted to a more balanced real estate market.  It is helpful to look at both month over month comparisons and year over year comparisons.  Month-over-month, the market is down 3.33 percent.  […]
Market Stats June 2022 Denver Market Overview | Shift Shift, transition, market cooling are all terms we are hearing now with regard to the real estate market.  June metrics point to a significant shift in the market after policymakers approved the biggest interest rate hike in 28 years.  The significant interest rate jump changed the purchasing power for many Buyers.  Inventory is on the […]
Market Stats May 2022 Denver Market Overview | Inventory on the rise Inventory is on the rise.  Year over year, we saw an 11% increase in new listings.  From April 2022 to May 2022 we saw a 13.98% increase in inventory, representing continued growth above our seasonal average.  The month of May continued to see double digit appreciation year over year with a median sold price increase […]
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