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.
It's Not Just Business, It's Personal!
Colorado Relocation Professionals
August 2021 Market Stats Snapshot
(Percent changes calculated using year-over-year comparisons and rounded figures.)
New Listings were down 6.2 percent for single family homes and 6.6 percent for townhouse-condo properties. Under Contracts decreased 5.6 percent for single family homes and 3.1 percent for townhouse-condo properties.
The Median Sales Price was up 16.3 percent to $605,000 for single family homes and 15.0 percent to $375,000 for townhouse-condo properties.
Days on Market decreased 54.5 percent for single family homes and 44.0 percent for townhouse-condo properties.
In New Construction, home builders continue to struggle to meet buyer demand, as housing starts nationwide dropped 7% last month, according to the Commerce Department. Single-family home construction declined 4.5%, and multi-family home construction, which includes condos and apartment buildings, was also down, falling by 13%. Labor shortages, rising material costs, and supply-chain setbacks continue to challenge builders, with some projects temporarily paused due to availability and cost of materials.
Current as of September 3, 2021. All data from REcolorado®.
Report © 2021 ShowingTime.