Real Estate Market Update

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Blog Best Time to be a Buyer in 10 Years As we move into the fall, the real estate market is providing a rare opportunity for buyers who have been waiting on the sidelines for years. Inventory levels are higher than they’ve been in a decade, and sellers are increasingly open to negotiations, making repairs, offering concessions, and even accepting contingent offers to close deals. […]
Real Estate Market Update Q1 2022 Colorado Real Estate Market Update The following analysis of select counties of the Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real Estate […]
Real Estate Market Update Active Average While we frequently research and discuss average prices for properties that sell, it is also interesting to look at the average prices for properties that are active on the market but not sold yet. These are the average prices, by area, for properties currently listed for sale and not sold yet: Metro Denver = $954,000 […]
Real Estate Market Update No Foolin’ This is not an April Fool’s joke.   Average prices in Metro Denver just exceeded $700,000 in Metro Denver.  Larimer County isn’t far behind.   For the month of March, the average residential sales price in the 5-county Metro Area was $704,000.  This does not include Boulder County.   Larimer County was $691,000 and we […]
Real Estate Market Update 2022 Forecast Yesterday we held the annual Real Estate Market Forecast with our Chief Economist, Matthew Gardner. To get the recording of the full presentation, please reach out to your Windermere real estate broker. Here are some of the big takeaways from Matthew: The national economy is very strong and the rate of inflation is expected to […]
Blog Q3 2021 Colorado Real Estate Market Update The following analysis of the Metro Denver & Northern Colorado real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact your Windermere Real […]
Blog No Inventory? One misconception about today’s market is that there is ‘no inventory.’ Actually, there are numerous new listings that hit the market each month. It just so happens that they tend to sell quickly. The numbers show the number of new listings that came on the market in September closely equate to the number of sales […]
Blog Slight Increase A review of the September market stats shows a slight increase in inventory along the Front Range. The way we currently measure inventory is in days. Meaning, at the current pace of sales, how many days would it take to sell all of the inventory currently for sale. The results, based on September’s activity, shows […]
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Blog With a “T” One of the reasons we are so confident about the long-term health of the market is because of the equity that exists in peoples’ homes today. Because there is so much equity, there are very few homeowners who are ‘underwater’ with a loan that is more than the actual value of the property. According to […]
Blog Staggering Stat By definition, a real estate market is balanced when there is 4 to 6 months of inventory currently for sale. Anything less than 4 to 6 months means a Sellers’ market, anything more means a Buyers’ market. For example, if there are 1,000 closings per month in a market, the market would be balanced if […]
Blog Inventory Uptick We are noticing a trend that is very good news for buyers. Inventory has been increasing over the last month which means that buyers now have more properties to consider. Just in the last week, the number of homes for sale has increased: 13% in Larimer County 12% in Weld County 11% in Metro Denver […]
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