U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Colorado > Denver
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-11-2017, 07:29 AM
 
1,019 posts, read 1,111,906 times
Reputation: 679

Advertisements

year-to-date, 27.13 percent more homes priced over one million dollars have sold. In fact, the luxury single-family home sales volume is up 76.76 percent over the past five years. Luxury condo sales took an even bigger drop in July, down 34.78 percent from June. Year-to-date, Luxury attached single-family homes sales were up 73.33 percent. These high-end attached homes have been a hot spot over the past years with sales volume up 129.71percent since 2013.

Damn ! the better off , well to do, upper and executive class american have been driving the luxury market sales up 129 %
since 2013 . which is good for me . I like to take a Sunday drive through their neighborhoods and looky loo, with a fresh coat of paint on my car I don't attract to much attention.
Reply With Quote Quick reply to this message

 
Old 09-06-2017, 09:08 AM
 
Location: Just south of Denver since 1989
10,904 posts, read 29,390,124 times
Reputation: 7131
Default Home stats for August 2017

The average price of a home in August decreased by 2.75 percent from the previous month to $434,478, yet that price is still over eight percent higher when compared to last year.

The median price of a home increased eight percent and the average home price increased 8.35 percent. Additionally, a record high year-to-date 38,553 properties have sold, which is an increase of 4.35 percent from last year. However, "looking at the glass as half empty," days on market for condos had a substantial increase of 46.15 percent in August year over year.

Digging into the numbers, active listings in the residential market (single family and condos) was at 7,360 total units in August, virtually the same as the month prior. 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. Even with the number of closings dropping over the last couple of months, the market remains ahead of last year as year-to-date closings are up 4.35 percent over 2016.

* stats provided by DMAR
Reply With Quote Quick reply to this message
 
Old 09-06-2017, 11:23 AM
 
Location: The Berk in Denver, CO USA
14,022 posts, read 20,330,583 times
Reputation: 22739
Default Inventory-Sold Chart for August 2017




https://www.dmarealtors.com/dmar-rea...-report-sep-17
Reply With Quote Quick reply to this message
 
Old 09-06-2017, 03:52 PM
 
1,019 posts, read 1,111,906 times
Reputation: 679
" , the number of condos sold for over $1 million has more than doubled in just two years, with 51 sales year-to-date through August 2015, increasing to 118 sales of condos year to date through August of this year. In 2015, condo sales over $1 million were only seven percent of the market. In 2017, condo sales have accounted for 10.4 percent of sales over $1 million. Stucy comments, “It seems that the space, location and convenience of condo living is an increasingly attractive option for luxury buyers.” .....good for the rich and well to do ! .... golf clap ..golf clap ...
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 09:13 AM
 
Location: The Berk in Denver, CO USA
14,022 posts, read 20,330,583 times
Reputation: 22739
Default Still a sellers' market


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

https://www.dmarealtors.com/dmar-rea...-report-nov-17
Reply With Quote Quick reply to this message
 
Old 11-03-2017, 11:43 AM
 
Location: Just south of Denver since 1989
10,904 posts, read 29,390,124 times
Reputation: 7131
Default Record Low Inventory

October set a new record low for housing inventory in Metro Denver for the month of October with 6,312 listings, down 16.79 percent from the month prior and 6.22 percent from last year. Contributing factors to the low inventory included fewer new listings coming to the market, down 3.06 percent from last year, and the number of homes sold increased by a healthy 9.75 percent month over month.

It is not at all "fun" being a buyer in this market below $500,000.
Reply With Quote Quick reply to this message
 
Old 12-07-2017, 01:28 PM
 
Location: The Berk in Denver, CO USA
14,022 posts, read 20,330,583 times
Reputation: 22739
Default Still sucks for buyers

"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.

Yet, year to date, today’s market is ahead of last year overall and, furthermore, 2017 is on pace to break last year’s record for the number of homes sold in Metro Denver. ...The biggest issue the housing market is facing... is the strong housing demand and tight inventory."



https://www.dmarealtors.com/sites/de..._dec2017_1.pdf
Reply With Quote Quick reply to this message
 
Old 12-12-2017, 08:05 AM
 
Location: The Berk in Denver, CO USA
14,022 posts, read 20,330,583 times
Reputation: 22739
https://geofred.stlouisfed.org/map/?...sti=942&un=lin

"It’s no secret house prices differ across the U.S. There are also large differences in how these prices change over time. In the short-term, the data include a lot of noise and temporary regional peculiarities. Over the longer haul, though, clear trends can emerge. The map shows a price index for all house transactions: The index was set to a value of 100 in the first quarter of 1980, and the map shows the index values as of the third quarter of 2017."
Reply With Quote Quick reply to this message
 
Old 01-04-2018, 10:43 AM
 
Location: Just south of Denver since 1989
10,904 posts, read 29,390,124 times
Reputation: 7131
In summary, 2017 marked a new record high for the number of homes sold for higher average and median prices than ever before. Closed volume set a new record too in 2017 topping $25 billion – up from $9.9 billion in 2011.

Furthermore, 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.

Year to date, 57,788 total homes sold this past year which is up 2.93 percent from 2016.

In the single-family home market, the average sold price increased 1.4 percent month over month to $484,596, while the median price increased 2.47 percent to $415,000.

Both the average and median year-to-date sold price set new record highs with the average sold price at $480,140 for the single-family home market (up 8.69 percent from last year), and the median sold price at $410,000 (up 7.89 percent from last year).

Year to date, the average and median sold price in the condo market increased to $318,904 (up 10.04 percent from last year) and $270,000 (up 12.15 percent from last year) respectively.
Reply With Quote Quick reply to this message
 
Old 03-05-2018, 09:04 AM
 
Location: The Berk in Denver, CO USA
14,022 posts, read 20,330,583 times
Reputation: 22739
Default Still sucks for buyers

https://www.dmarealtors.com/dmar-rea...-report-mar-18

Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Colorado > Denver
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top