Market Trends Reports
The DMAR Market Trends Committee, part of the Denver Metro Association of REALTORS®, provides timely, consistent and relevant monthly summaries of valuable local real estate market statistical data for both its members and the general public. Statistics from the Denver Metro Real Estate Market Trends Report provide data for the following counties: Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park. Source of the reported data is REcolorado. Use #DMARstats on social media to stay up-to-date with relevant real estate news and statistics.
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While the months of housing inventory still indicate Metro Denver is a seller’s market, it continues to head toward a balanced market with conditions favoring buyers like historically low interest rates, price reductions, more homes to choose from and more time in which to choose.
With Metro Denver housing inventory at its highest level since October 2013 and interest rates still low, now is a good time for homebuyers. On the flip side, with home prices peaking now is also a good time for home sellers; making for a more balanced market.