Market News

Congratulations Denver home owners! As of this month, the Central Denver (map) real estate market has doubled in value since 2011. The 12-month rolling median price for a home in January of 2011 was $340,565, and today it’s $685,000 with an annual rate of return of 7.4%. The full 12 month measure accounts for the […]

Not even a global pandemic can slow Denver’s home appreciation. For the past eight years, lack of homes for sale has fueled our meteoric rise in prices. The pandemic has further eroded our inventory. Below is a monthly comparison of the average of the past five years’ number of homes for sale to 2020’s number […]

Denver’s real estate market continues to recover ahead of other U.S. markets according to the the National Association of Realtors’ housing market overall index. The index is set to 100 for the last week of January based on average year-over-year trends for that month, and updated every week relative to that baseline. A value of […]

It’s been eight weeks since the “Stay at Home” order went into effect and caused panic at the liquor stores and brought real estate showings to nearly a dead halt. While the restrictions are impacting the residential real estate industry in ways we’ve never experienced, for the average homeowner not much has changed. Below is […]

If you would like to walk through a home currently on the market, you’ll need to be under contract first – yep, you read that right. If you would like to list your home on the market, you will need to stage it yourself and take your own photos as professional home staging and photography […]

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 […]