2017 DMAR Real Estate Market Trends Reports

“while demand was strong, inventory remained tight. Active listings were at 3,854 total units at the close of December, establishing a new all-time low for any month.”

• Read the complete report for January 2018.

“In November compared to the month prior, the number of active listings, new listings, average and median sales prices, and number of homes under contract or sold were all down.”

• Read the complete report for December 2017.

“Agents report that things have been quieter, but not less competitive, in some price ranges and areas”

• Read the complete report for November 2017.

“According to a sampling of DMAR members, showings are slowing down and home sellers are reducing home prices in order to get more traction. ”

• Read the complete report for October 2017.

“The number of listings that sold decreased 5.79 percent compared to the previous month. Notably, the decrease in sold listings is close to a 10-year season decrease of 4.3 percent.”

• Read the complete report for September 2017.

“For the single-family home market, the average sold price increased 1.89 percent to $496,382 while the median price dropped 0.77 percent to $420,000.”

• Read the complete report for August 2017.

“We are starting to see signs of a much needed market correction and a market plateau may be on the horizon.”

• Read the complete report for July 2017.

“Average home prices in the Denver area have continued an upward climb to a new high of $449,736, up 2.84 percent from the previous month and up 9.83 percent from a year ago.”

• Read the complete report for June 2017.

“...strong increases in active listings, under contracts, and median and average sold prices of homes continued to add fuel to Denver area’s “hot” real estate market last month”

• Read the complete report for May 2017.

“In the single-family home market, month over month, the average sold price increased 4.90 percent to $468,889 while the median sold price rose 2.78 percent to $406,000.”

• Read the complete report for April 2017.

“Realtor.com reported Denver is one of the fastest cities to gentrify, and 33% of the city is already gentrified.”

• Read the complete report for March 2017.

“Active listings in the residential market (single family and condos) dropped 6.47 percent to 3,989 last month, which represented an all-time low for any January on record – and only the second-time active listings have dropped below 4,000. ”

• Read the complete report for February 2017.

“2016 will go down as another robust market defined by record-low inventories and record-high prices,” states Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver real estate agent.

• Read the complete report for January 2017.