Tag Archives: Denver real estate
April 2023 Market Update
The Denver metro market continues to experience limited inventory as the spring selling season picks up. Average days on the market was down 21.62% to 29 days, and the average home price was up to 2.56% to $682,061. These positive
March 2023 Market Update
The end of March marks the beginning of spring for the Denver Metro market, so where do we stand? At month’s end, listings were up 19.53%, and closed homes were up 32.29% month over month. This increased activity has brought
February 2023 Market Update
After a chilly January, February in Denver saw both the weather and the market heat up. While mortgage rates remain a significant factor, homes are still selling as rates change. Higher rates have trained buyers to be incredibly discerning, but
Classic Denver Home Styles
Look out your window just about anywhere in Denver and you’ll see signs of new construction; cranes, fencing, and dumpsters are dotting the skylines and city streets. This makes now a great time to reflect on the classic architectural styles
December 2021 Market Update
As we look back on the final numbers for December and reflect on 2021 as a whole, a few trends stick out. 2021 was a strong seller’s market. This was due in part to record-low inventory levels combined with a
What Happened with Zillow? A Realtor’s Perspective
It all started with the Zestimate. Launched in 2006, Zillow created an algorithm that they believed accurately predicted a home’s value based on comparable neighborhood sales. In the next few years, millions of people used Zillow as a resource for
February Market Update
February 2021 saw many of this winter’s trends continue. Low average days on market, limited inventory, and creative offers characterize the market. It is hard to overstate the speed at which homes are being listed and going under contract. The
July Market Update
As we approach the peak of summer heat the Denver market has also continued to heat up. July saw record-breaking demand, limited inventory, and prices. More homes closed in July 2020 than any month ever in the Denver Metro area.
June Market Update
With June data in, we can confirm that prices are still increasing and demand is still high in the Denver real estate market. Under contract numbers in May were at record numbers and June has beat those records. The number
May Market Update
At first glance, the May stats reflect the market standstill that occurred in April. However, the most remarkable part of May was the record-breaking spike in under contract listings. Under contract listings this month were up 18.9% for single-family homes and
April Market Update
As in-person showings screeched to a halt in April, Buyers became comfortable with virtual showings pretty quickly. The average days on market for sold properties in April was just 20 days. This tells us that appropriately priced homes are moving
Fall Metro Denver Market Update
In recent months, the number of homes for sale along with the days on the market has increased. It’s difficult to determine whether these changes are seasonal or are a symptom of a larger market correction that will put more
Hostel Fish is (quietly) open for business, and just what Denver needs
Denver’s current economic growth rate is the highest in the nation. With that comes a rapidly growing population, exponential increases in rental rates and real estate prices year over year, skyrocketing demand for properties in coveted locations, and… the best
Denver’s River North Neighborhood Just Keeps Growing
Check out this article from the Denver Post detailing the huge commercial and residential real estate growth in Denver’s River North (Five Points) neighborhood. The commercial real estate market in Denver’s River North neighborhood is in a “feeding frenzy,” with