Denver Real Estate Market Report The Denver Metro real estate market statistics are in and the news continues to get better. Inventory of homes on the market continues to drop. Officially we have 39.79% less homes on the market than at the same time last year. The average sale price is up (but only marginally) [...]
Denver Real Estate Forbes reports: Francesca Levy the reporter who damned Denver posted the un-retraction of her original story of how Denver is the 2nd Worst Real Estate Market in the country. Instead of accepting the fact she used the wrong data, she now tells us (what real estate industry watchdogs already know) that Zillow [...]
On April 5th a report from Forbes was published stating real estate in Denver had increased by 27% from the previous year. As a habit, I pay attention to the statistics, so reading this came as a complete surprise to me. Just to be sure I hadn’t woken from a Rip Van Winkle nap, I [...]
Average sale price of homes in the U.S. went way above Denver’s average sale price. Of course that was short lived. Good old steady Denver didn’t experience the “climb” of values, but look at us now! We are UPTICKING while the rest of the country appears to be on a downward roller coaster ride.
Absorption rates change from neighborhood to neighborhood, but also with price ranges. Of course it makes sense that homes in the lower price ranges are available to a greater number of buyers, so they should sell quicker because of a larger pool of available buyers. Denver real estate statistics indicate on average it is taking [...]