Market News

The Great Recession, only twelve short years ago, remains strongly etched in the minds of those who suffered through it. We have an almost PTSD like response to link the terms “recession” and “housing market” together because of that experience. Historically, however, recessions and home values appear to have little correlation, unless of course the […]

2020 may be a stronger year than we originally expected for Central Denver home appreciation. The number of available homes for sale started plummeting last October back to 2018 levels. As you can see from the 2020 dot on the graph below, we’re right in line with 2018, and down 44% from last January. The 2018 low […]

Central Denver’s 2019 home prices end with a “bleh”. For the first time since 2011, the rolling twelve-month median price dropped (mid-year), and by the end of December we ended up pretty much where we started the first month of the year. What does 2020 hold? The best future performance indicator for the market is the […]

The National Association of Realtors (NAR) is enforcing a significant new requirement this coming year. Starting May 1st, Realtors must list their client’s property in the MLS within one business day after installing a “coming soon” sign in the yard, emailing prospects or other realtors about the listing, or publishing the listing on a private […]

Each year during the fall the average days on market increases and the list price to sales price ratio decreases for homes in central Denver, but why? The phenomenon begins in the spring when buyer and seller activity are mismatched — most likely as a result of summer vacations. You see, buyers start looking for homes […]

Yes, you read that correctly. For the first time since 2011, central Denver (map) home prices are dropping. We looked at the rolling 12-month median price to eliminate seasonality, and as you can see below, starting July of this year, the market has reversed course. The 12 months preceding July represent the historic height of central Denver’s […]

  5280 Magazine recognized four Camber Realty Agents with the 2019 5 Star Real Estate Agent Award. Congrats to Jennifer Niederhauser (7th year winning!), Carrie Wernecke (7th year winning!), and Lisa and Mark Cramer (10th year winning!) If you’re thinking of buying or selling, contact Camber Realty!

It’s less expensive to purchase a Central Denver home today than it was a year ago – thanks to falling interest rates and slowing appreciation. The median price of a home last year was $640,000 and interest rates averaged 4.56% for a 30-year fixed mortgage. This year homes have appreciated to a median price of […]

Lots of numbers are being thrown around in the media right now regarding Denver’s real estate market. If you had to chose just one metric to watch, we would recommend “months of inventory”. “Months of Inventory” is a ratio of supply and demand over time. It measures in months how long it would take to […]

By most accounts 2018 was a terrific year for central Denver home sellers (click for map), as prices appreciated 8.7% from the previous year to a record median price of $640,000. Low inventory was the main economic force that continued driving up prices. Sellers listed 4,553 homes on the market in 2017 and only 4,418 […]