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So, How’s the Market? February/March 2025
So, How’s the Metro Denver real estate market? The word of the day is INVENTORY. If you watched the last market update, I told you we would be keeping up on supply and demand. In that update, inventory was on the rise, but demand was keeping pace. That is not the case today. Inventory went […]
So How’s the market?
So How’s the market? It is interesting out there. The market saw its normal inventory contraction over the holidays at the end of the year. Since then, the story of the market is inventory growth. Active inventory grew 700 units in the eight county metro area from mid January to mid February. However, pending properties […]
So, How’s the Market? 2024 Wrap up, 2025 Predictions
I know we are into February, but we were gathering all of the end-of-year data and putting this really cool report together for you. The end of 2024 a 1.59% increase in sold homes over the previous year. At the same time, we had a 44.1% increase in standing inventory. The median price of a […]
So, How’s the Market? Nov/Dec 2024
How’s the Market Hello! Andrew Malkoski with The Denver 100 here. I have a December update for you for the Denver Real Estate Market. One of the biggest changes we have seen is in inventory. All year, I have been talking about the increasing inventory. This increase in inventory has been partly to blame for sales values coming down a bit throughout the year. However, […]
So, How’s the Market? Sept/Oct 2024
Today’s market continues to challenge buyers and sellers. Inventory continues to grow. October marks 8 months of inventory growth. During this time we have continued to see buyers waiting on the sidelines. Prior to October, we had 6 months of declining numbers in pending homes. October marks the first month bucking this trend, BUT THE […]
So, How’s the Market? August/September 2024
We are seeing continued inventory growth, and have the highest September levels since 2013. Even with softening interest rates, this many choices leaves buyers with little urgency, and they are still watching and waiting to enter the market. We believe inventory totals will decrease over the fall and winter. At the same time, interest rates continue to […]
So, How’s the Market? July/August 2024
Inventory has grown 119% since January, and 134% year-over-year. We now have close to three months of inventory on hand. At the same time, we have seen buyer activity decline each month since March. We have 9% fewer pending contracts than last month, and this time last year. You can bet this trend will lead […]
So, How’s the Market? June/July 2024
As of July 15th there were 9931 homes available in the Denver Metro Area. This is an increase of 59% over this time last year, and marks the fifth month a row of growing inventory. In the mean time, pending properties are down for the last four months in a row, indicating that buyers are […]
So, How’s the Market? May/June 2024
Hello there! Andrew here with a little market update for the Denver Metro Market. We continue to have a very interesting, and sometimes challenging market. Inventory has increased for the last 5 months to a total 9400 homes in the 8 county Metro area. This is a 19% increase month over month, and a 68% increase […]