Monthly Roundup April: DMAR in the News

Our Association caught the attention of several major media outlets this month including Westword, The Denver Post, Good Morning America, Denver Business Journal, Denver 7, Denver Voice, New Country 99.1, REcolorado, 9 News, Realtor.com and CRP.

Westword

Average Denver Home Price Hits $674K, Up $40K in a Month

Up, up and away — again. According to the just-released April market trends report from the Denver Metro Association of REALTORS®, the average price of a detached home in the Denver area currently sits at $674,990, an increase of more than $40,000 over last month and in excess of $100,000 above the same period a year ago. Read More

Why Denver Home Price Growth May Finally Slow in 2021

A just-issued study reports that home price growth nationwide reached a fifteen-year peak in February; of twenty major cities surveyed, Denver has seen costs rise the most over that span. But while metro area prices are predicted to keep going up over the course of 2021, the rate of increase is expected to slow down considerably from the record-setting pace currently scorching the housing market in the Mile High City. Read More

The Denver Post

Metro Denver home inventory is in the basement and closing prices are at all-time high

Buyers in metro Denver can almost always count on having a wider selection of homes available as the weather warms up, but not this year. The inventory of homes and condos available for sale in the region continued to shrink last month, despite rising mortgage rates, according to a monthly update from the Denver Metro Association of REALTORS®. Read More

Good Morning America

15% gains year-over-year for March

Denver Business Journal

Latest Denver-area housing market stats: Median single-family home price reaches $560K

The rise in available for-sale housing that typically accompanies the transition from February to March failed to materialize in the Denver metro this year, as buyer demand continued to outstrip supply, according to the latest monthly report from the Denver Metro Association of REALTORS®. Read More

Denver 7

March Housing Sales: Prices up again

Price of homes in the Denver metro area continues to climb

Denver Voice

Troubling Signs Emerge for Denver’s Housing Market

Denver’s housing market has been a tough nut to crack for a while now. First-time homebuyers are being increasingly priced out as all-cash buyers and investors swoop in to expand their portfolios. And new data reveals that the market may get tougher before it gets better. Read More

New Country 99.1

Denver Metro Area Home Prices Reach an Average of $674k

Home prices in the Denver Metro Area have reached a new high according to the market trends report from the Denver Metro Association of REALTORS®. The average price for a detached single-family home is currently $674,900. The April report shows that prices have increased 6.72 percent from the prior month and a total of 19.3 percent from last year. A total of 3,272 detached single-family homes were closed in the month of March with an average of 15 days on the MLS. Read More

REcolorado

March 2021 Market Statistics

The housing market remains competitive across Colorado. While sellers bring new listings to the market, contracts are being written on homes as quickly. Take a look at our March reports for the Denver Metro area, Central Colorado, and Routt County to get the information you need to stay in the know. Read More

9 News

Latest Denver-area housing market stats: Median single-family home price reaches $560K

The rise in available for-sale housing that typically accompanies the transition from February to March failed to materialize in the Denver metro this year, as buyer demand continued to outstrip supply, according to the latest monthly report from the Denver Metro Association of REALTORS®. Read More

Denver area's housing crunch had another historic month

Even realtors are wondering if the prices are getting too out of control 

 Another record month for home prices

Realtor.com

Hot Tickets: 10 In-Demand Cities Where Home Prices Are Soaring the Most (Some Will Surprise You)

Has the arrival of spring ever seemed so overdue? Renewal! Longer days and warmer nights! This would normally be the long-awaited start of peak season for home buyers looking to purchase their first abode or trade up into a larger residence. But if we’ve learned anything since the start of the pandemic, it’s that the current housing market is anything but normal. Read More

CRP

Home prices in Denver jumped nearly 7% in one month