MAY 2022 METRO DENVER STATISTICS All comparisons made to May 2021 The past 10 years have been a wild ride in the real estate market. In February 2012, the average sales price in the Denver Market was $247,282, the average days on market was 85 days, and interest rates had dropped from 4.8% to 3.89% over the previous 12 months.  …

APRIL 2022 METRO DENVER STATISTICS All comparisons made to April 2021 Interest rates are up, and buyer demand is still holding strong. Showings are one of the most significant indicators of buyer demand, and as of early this month, showings for the Denver Metro Area hit 468,002. It is fewer showings than the frenzy of April 2021, which hit 502,836 …

MARCH 2022 METRO DENVER STATISTICS All comparisons made to March 2021 A shift in market conditions is occurring. In early April, days on market hit an all-time low of 7.54 days, demonstrating a high level of buyer activity. Compared to the last two years, more homes listed this year have gone under contract. With these two facts, you would think this would make it …

FEBRUARY 2022 METRO DENVER STATISTICS All comparisons made to February 2021 The impact of rising mortgage rates is coming, and the monthly payment increase associated with the change will be felt mainly with buyers, putting into question their ability to purchase this year. In addition, iThe market needs more inventory and we are starting to see a small increase in …

JANUARY 2022 METRO DENVER STATISTICS All comparisons made to January 2021 The impact of rising mortgage rates is coming, and the monthly payment increase associated with the change will be felt mainly with buyers, putting into question their ability to purchase this year. In addition, if there are fewer qualified buyers, we will see an increase in inventory and less …