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Colorado Relocation Professionals
GDMA municipalities include: Arvada, Aurora, Bailey, Brighton, Broomfield, Castle Rock, Centennial, Cherry Hills Village, Commerce City, Conifer, Denver, Englewood, Evergreen, Golden, Highlands Ranch, Lafayette, Lakewood, Littleton, Lone Tree, Louisville, Northglenn, Parker, Thornton, Westminster, Wheat Ridge.
October 2021 Market Stats Snapshot
(Percent changes calculated using year-over-year comparisons and rounded figures.)
New Listings were down 11.8 percent for single family homes and 19.6 percent for townhouse-condo properties.
UnderContracts increased 4.7 percent for single family homes but decreased 1.0 percent for townhouse-condo properties.
The Median Sales Price was up 13.0 percent to $607,500 for single family homes and 11.7 percent to $379,500 for townhouse-condo properties.
Days on Market decreased 40.9 percent for single family homes and 40.7 percent for townhouse-condo properties.
As temperatures drop, existing home sales continue to be plentiful, buoyed by strong demand, low interest rates, and a slight uptick in new listings in recent months, according to the National Association of REALTORS®. With interest
rates inching upward, and experts expecting further rate increases on the horizon, motivated buyers are hoping to lock in their home purchases to take advantage of what are still historically low rates.
Current as of November 3, 2021. All data from REcolorado®.
Report © 2021 ShowingTime.