Market News

Ten years ago, homes that sold for one million dollars or more represented 3% of the central Denver market (map). Today, they represent 32% of the market. It’s irrational that journalists and Realtors continue to use this arbitrary price point as the benchmark for the “luxury market”. You would be hard pressed today to purchase […]

The central Denver residential real estate market is beginning to follow pre-pandemic year seasonality patterns – but is different in degree. Here are three graphs that show the market’s evolution.. Lack of inventory has been the primary driver of increasing prices this year. Our record lows of available homes for sale starting December last year […]

Low supply and strong demand continue to push Denver home prices higher. Currently the Central Denver (map) rolling 12-month median price is at a historic high — $725,000. Last month was a historic high, and the month before that was as well. In fact, ever since May of 2012, we’ve been at historic highs month-after-month […]

Homes for sale in the greater Denver area are difficult to find right now and in strong demand. If you would like to avoid getting caught in the market tussle for homes, you’ll find refuge at the higher end of the market. But how high? The National Association of Realtors considers 4 to 5 months […]

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 […]