You’ll notice something exciting in REcolorado Market Watch this month — a new format, fresh look, and even more great stats! The updated report includes:
- Both year-over-year and month-over-month trends in every chart
- Housing market activity broken down by price range
- Active and Pending listing data to see both a point in time and what’s to come
- and more!
REcolorado Market Watch gives you the data and information you need to be the market stats expert. Share these reports with current and prospective clients to start conversations and answer questions, like:
- When are the most listings available?
- When should I put my house on the market?
- How long will it take to sell my home?
- How’s the market?
- Is this normal?
REcolorado offers a variety of tools so you can be the go-to expert with answers to your client’s market-related questions. Our Learning Paths collect relevant videos, webinars, how-to guides, and classes so you can find the training resources you need to sharpen your market statistics stills.
Denver Metro Area
Home buyer demand and low inventory continue driving closed prices up. Activity picked up as is typical with Colorado’s seasonal housing market. Buyers found the most new listings in the $400-500,000 price range, but new listings did not keep pace with demand. The number of homes that sold was lower than we’ve seen in January since 2015.
Chaffee County saw 38 homes close throughout the month of January with a median closed price of $580,250. Inventory remained a challenge, with a year-over-year and month-over-month decrease in new listings.
REALTOR® Association Market Statistics
In addition to the market statistics reports produced by REcolorado, we provide housing market data and collaboratively produce statistics reports with local REALTOR® associations.