Monthly Roundup January: DMAR in the News

Our Association caught the attention of several major media outlets this month including NAR, Axios, Denevrite, The Denver Post, Denver Business Journal, Westword and The Colorado Sun

National Association of Realtors®

Nearly 1,000 Homes Destroyed in Colorado Wildfires

The new year began in tragedy for households in Colorado, as wind-driven wildfires swept through numerous suburban neighborhoods and left homes and businesses in rubble and ash. Read More

Axios

Hot homes: 5 knockouts ranging from $550K to $25M

The Denver housing market has so far maintained its momentum through the cold-weather months, with the average price for a detached home topping out at more than $700,000, per the January trends report from the Denver Metro Association of Realtors®. Read More

Denverite

Denver metro’s average rent dropped by almost $18 toward the end of 2021. Here’s what you could buy with that

The apartment rental market is still a better deal than home ownership, according to the Apartment Association of Metro Denver. The average sales price for a single-family home in Denver was $754,697 in 2021, according to the Denver Metro Association of Realtors®’ latest Market Trends Report. Read More

Homelessness, home prices and rent continued to rise in the Denver metro area in 2021

If you were hoping the increasing housing prices sweeping the Denver market were going to finally drop in 2021 so you could afford a lower-priced home, you were out of luck, according to the end-of-year Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors®. Read More

The Denver Post

Metro Denver housing market ended 2021 with almost nothing to give buyers

As the clock ticked away on low mortgage rates, desperate homebuyers in metro Denver just couldn’t find enough properties to purchase as 2021 came to a close — and the extreme seller’s market could get worse before it gets better. Read More

Denver Business Journal

Denver's housing numbers affirm new normal of high prices, low inventory in 2022

Home prices across the Denver metro averaged $612,274 in 2021, an increase of 16.68% from 2020 and a new historical high for the area, according to the January market trends report released Wednesday from the Denver Metro Association of Realtors®. Read More

The Marshall Fire just added new challenges to Colorado's tight housing market

As Boulder County tackles the immediate impacts of the devastating Marshall Fire that destroyed or damaged nearly 1,000 structures and two dozen businesses last week, local experts warn of long-term, years-long effects on the real estate industry. Read More

Westword

Denver Home Price Average Over $700,000 — Again

Denver home prices aren't supposed to rise during cold-weather months. Since fewer people tend to look for new housing at this time of year, costs traditionally slide and relative bargains become available. Read More

Colorado Sun

For those who lost it all in the Marshall fire, finding new homes is an uphill battle

Thomas-Comenole and her family are now one of hundreds of households desperately searching for a place to live in the wake of a fire that devoured more than a thousand homes in Superior, Louisville and unincorporated Boulder County — a search proving daunting in the face of a historically tight and expensive housing market in the area. Read More