Denver Home Prices Fell 2.35% In September 2019

Scary October For the Denver Housing Market

Welcome to the scariest month of the year, and boy did the Denver housing bulls get some scary information from the October DMAR report that was released last week. Metro Denver home prices fell in September 2019 from August 2019. August to September 2019 Residential Housing Price Trends Month over month median and average prices Metro Denver home prices fell in September. In the Denver Metro area, median prices fell 2.35% and were down 0.56% for average residential prices. The monthly fall in overall residential prices was to be expected as prices tend to weaken following the summer months. Single-family… Read moreDenver Home Prices Fell 2.35% In September 2019

Summer Heating Up? Denver Metro Prices Up 4% Year Over Year

Home Prices Heating Up In Denver

In the August ’19 DMAR housing reported year over year the pace of the housing prices rose with the average residential prices rising 4.27%, and the median residential prices up 4.58% from July 2018 to July 2019.  Month over month median and average prices were split. In the Denver Metro area, median prices rose 1.17% and were down 0.21% for average residential prices.

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Denver's Housing Fireworks

Month over month, prices in the Denver Metro area decreased, falling 0.54% for median and 0.47% for average residential prices. Single-family homes sold prices dropped to $547,461. Year over year, the pace of the housing prices increase rose as well with the average residential prices rising 1.57% and the median residential prices up 1.9% from June 2018 to June 2019.

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DMAR House Of Cards

Month over month, prices in the Denver Metro area had an impressive increase given the weakness in recent months, rising 2.62% for median and 2.07% for average residential prices. Year over year, the pace of the housing prices rose with the average residential prices rising 3.36%, and the median residential prices rising 2.38% from May 2018 to May 2019.

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April ’19 DMAR housing stats

Year over year the pace of the housing prices increase rose as well with the average residential prices rising 1.5%, and the median residential prices are flat from April 2018 to April 2019. We were in line with our forecast of a 1.11% rise for single-family homes average sold price rising 1.51% year over year and the median rising 0.5% year over year.

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Month over month, prices in the Denver Metro area reversed the trend, by rising 1.27% for median and 1.11% for average residential prices. Year over year the pace of the housing price increases slowed with the average residential prices rising by only 0.66% and the median residential prices falling 1.23% from February 2018.