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Old 03-05-2015, 08:52 PM
 
694 posts, read 1,039,279 times
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Quote:
Originally Posted by 2bindenver View Post
The average price of a home in metro Denver increased to $390,067 in February, up from $326,958 in February 2014.

Average home price in metro Denver tops $390K - Denver Business Journal
I so much look forward to the day I put my house on the market.
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Old 03-05-2015, 09:50 PM
 
2,401 posts, read 3,255,944 times
Reputation: 1837
Quote:
Originally Posted by 2bindenver View Post
The average price of a home in metro Denver increased to $390,067 in February, up from $326,958 in February 2014.

Average home price in metro Denver tops $390K - Denver Business Journal
Zillow Home Value Index for Denver is less than 300k:

Denver Home Prices and Home Values | Zillow
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Old 03-06-2015, 06:08 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,708 posts, read 29,804,344 times
Reputation: 33296
Default Change of Venue

Quote:
Originally Posted by 2bindenver View Post
The average price of a home in metro Denver increased to $390,067 in February, up from $326,958 in February 2014.
Average home price in metro Denver tops $390K - Denver Business Journal
Quote:
Originally Posted by JohnnyDenver View Post
I so much look forward to the day I put my house on the market.
Quote:
Originally Posted by AmFest View Post
Zillow Home Value Index for Denver is less than 300k:
Denver Home Prices and Home Values | Zillow
I don't want to clutter up this thread (Data and Charts) with opinion, so I want to respond to this on the OPINION thread. So, please follow me to http://www.city-data.com/forum/denve...l#post38708378
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Old 03-06-2015, 07:08 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,708 posts, read 29,804,344 times
Reputation: 33296
Default February: still low

Inventory slips to record low; home prices soar to record highs

"Denver-area home prices soared to record levels, while the inventory of unsold homes continued their slide to all-time lows in February, according to two reports released on Thursday."



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Old 03-06-2015, 09:38 AM
 
Location: Centennial, CO
2,274 posts, read 3,075,471 times
Reputation: 3776
It's like we're doing the limbo with available home inventory. "How low, can you go? How low, can you go?"
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Old 03-06-2015, 09:50 AM
 
Location: Just south of Denver since 1989
11,825 posts, read 34,425,536 times
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If I search only Arapahoe, Adams, Broomfield, Denver, Douglas, Jefferson counties, I get 3851 active listings. If I add Boulder 4432. If I add Park, Gilpin, Clear Creek & Elbert Counties it it 4864.

3036 properties sold in the last 28 days in Arapahoe, Adams, Broomfield, Denver, Douglas, Jefferson counties.

It's a Seller's dream market and a buyer's nightmare.
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Old 03-09-2015, 11:22 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
17,708 posts, read 29,804,344 times
Reputation: 33296
Default Do you make enough money?

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Old 03-09-2015, 11:43 AM
 
694 posts, read 1,039,279 times
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Nice map with good information, but also a red herring in many respects as to the amount needed to purchase a home.

It would assume that one who has the absolute minimum need to purchase a home, also has an excellent credit history, limited debt or none at all, and the minimum down payment.
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Old 03-10-2015, 12:10 PM
 
Location: Denver CO
24,204 posts, read 19,196,880 times
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Quote:
Originally Posted by JohnnyDenver View Post
Nice map with good information, but also a red herring in many respects as to the amount needed to purchase a home.

It would assume that one who has the absolute minimum need to purchase a home, also has an excellent credit history, limited debt or none at all, and the minimum down payment.
True, but I look at it as more of a relative comparison, since those assumptions apply in all locations. So for me, it's interesting to see where Denver fits in comparison to other areas.
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Old 03-11-2015, 02:47 PM
 
Location: Just south of Denver since 1989
11,825 posts, read 34,425,536 times
Reputation: 8970
Default DMAR Market Trends, March 2015

May you live in interesting times (a Chinese Proverb) certainly rings true for the current Greater Denver-area real estate market. While February experienced record-breaking amounts of snow (surpassing a 103-year-old mark) the number of active listings inched its way to a new unprecedented low of 4,079 properties. But the news is not all bad because February also ushered in a healthy dose of 4,240 new residential listings (single family and condos) which represented a 12.98% increase. Sold listings are up 4.02% and the median and average sales prices creeped up to 3.96% and 5.44% respectively from the previous month. The frigid cold temps did not deter buyers from writing offers as evidenced by the 16.42% spike in properties that went under contract.

Anthony Rael, Chairman of the DMAR Market Trends Committee
http://files.ctctcdn.com/f907a2cc001...0d78a2c64d.pdf

2015 Copyright All rights reserved to Denver Metro Association of REALTORS

emphasis mine.
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