The Pulse – October 2014

the pulse

Commentary: The effects of low inventory (homes currently for sale in the MLS System) in the Metro Denver real estate market continues to support strength in valuation and the low inventory had little effect on the total sales increasing in September by 5.9% over the same month last year.  The average price increased by 4.22% […]

Denver Market Update for October, 2014

Denver Band Chart resized

Properties priced under $800K are still in a sellers or extreme sellers market, with $200-$300K being the sweet spot in pricing in Metro Denver. Sellers in all Denver Counties are enjoying a strong sellers market. The decline in sales under $200K is simply a story of increasing prices and little desirable inventory under $200K It […]

The Pulse – September 2014

the pulse

Commentary: In spite of the effects of low inventory (homes currently for sale in the MLS System) the Metro Denver real estate market continues to show strength in valuation, although total sales have declined slightly.  There were 6.1% less homes sold in August of 2014 than in the same month of 2013, although the average […]

Denver Market Update for September, 2014

Denver Band Chart resized

Properties priced under $300K are actually selling faster than replacement inventory is coming to market. Properties priced over $500K continue to claim an increasing share of the market as the average and median prices climb. Condo prices will continue to increase in velocity as few new condos are added to the market. Price per square […]

Denver Market Update for April, 2014

Denver Band Chart resized

Home sale prices have increased dramatically since last March, whereas only 18% of the sales were in the $400-$499 price range, this year 34% of the sold homes have been in that price range. The National average inventory is showing just over 5 months, but Metro Denver is just over 2 months.  The major stumbling […]

The Pulse – April 2014

Commentary: Having predicted a strong real estate market in 2014, we now have to consider just what we mean by the word “strong”.  Sold listings were down in March from the previous year by 13%, but the average price increased by 5.28%, and the median price by 8.21%.  Less sales, higher prices. The most significant […]

The Pulse – November 2013

Commentary – Resale inventory began it’s annual regression in August, but picked up again in September, providing strong October sales, and now available inventory is still weak.   Interest rates have stabilized for the moment around 4.25%,  still extraordinarily low in relation to the mortgage rate history, but the specter of increasing rates is still the […]

Denver Real Estate Market Graphs for October, 2013

Denver Band Chart

Over 1/2 of all homes priced under $400K are selling in every 30 day period. As the year draws toward a close, the days on market are increasing slightly, but no where near a buyers market. The Average Sold price is holding steady, but expect a normal decline in January. Active inventory exceeded 2012 for […]

Denver Housing Market Update for October, 2013

Denver Market Update for October 2013

The Pulse-Denver Real Estate and Economy for October, 2013

Commentary – Resale inventory began it’s annual regression  in August but, with the seasonal slowing, available inventory is somewhat less critical.   Interest rates have stabilized for the moment around 4.25%,  still extraordinarily low in relation to mortgage rate history, but the specter of increasing rates is still the caution for 2014, which, along with an […]

Denver Real Estate Market Graphs for September, 2013

Denver Band Chart

Status Quo except for an increase of activity in the 1 -2 M price range. Inventory will remain low during the winter months, but will begin to increase in the spring, at least to 2012 levels. Sales volume remains strong, well ahead of previous years,with only a slight decline in prices. Detached homes prices are […]

Denver Housing Market Update for September, 2013

Denver Market Update for September 2013

Denver Real Estate Market Graphs for August, 2013

Denver Band Chart

Remains a sellers market below $800,000 The Average price has begun the normal seasonal decline, but the decline is minimal to date. Inventory should begin the seasonal decline before an expected upward swing next March. Closings remain high, pointing to the best sales year in the past half decade. Days on market increased from the […]

Denver Housing Market Update for August, 2013

Denver Market Update for August 2013

Denver Real Estate Market Graphs for July, 2013

Denver Band Chart

By price, most of the market under $900K is a seller’s market. While inventory has crept up to 10K units, Metro Denver has an inventory shortage. Sales continue to outpace the past 5 years for any given month. The average sold price peaked in June, and is now in the normal seasonal decline. In many […]