DMAR Real Estate Market Trends Reports

“The seasonal slowdown, coupled with election distractions, has put buyers in the driver's seat, with sellers more willing to offer concessions on price, repairs and closing costs.”

• Read the complete report for October 2024.

“The most notable stat that I want to highlight is how months of inventory have steadily climbed since last June.”

• Read the complete report for September 2024.

“Generally, there does not seem to be a large sense of urgency for buyers or sellers.x”

• Read the complete report for August 2024.

“the widely-held belief that a rate cut is coming in September is affecting both sellers and buyers. Buyers are waiting on the sidelines until the cut, while sellers are holding off on adjusting prices, anticipating the market will "improve" once rates drop.”

• Read the complete report for July 2024.

“Buyers are tired of the breakneck speed of the market over the past few years and are simply taking their time.”

• Read the complete report for June 2024.

“Denver's real estate market is normalizing but continues to face persistent affordability challenges. This presents opportunities for serious buyers and sellers to negotiate favorable deals in the second half of the year”

• Read the complete report for May 2024.

“The most apparent change in the market last month was the rise in inventory. While buyers continue to grapple with financing pressures, they finally have more choice thanks to sellers who are back in the market.”

• Read the complete report for April 2024.

“...announcement of the National Association of Realtors settlement of the ongoing litigation... the Denver real estate market didn't skip a beat this month as we head into the spring selling season.”

• Read the complete report for March 2024.

“[Buyers] are also aware that they can negotiate on price and terms up-front, as well as negotiate at inspection…and negotiate is what they are doing.”

• Read the complete report for February 2024.

“As we kick off the new year, buyers appear to be wearing rose-colored glasses, ready to put themselves back in the real estate market as they finally have more choices”

• Read the complete report for January 2024.

“midst a slowdown in buyer activity, longer days on the market and more back-on-market listings, some sellers now require higher earnest money deposits.”

• Read the complete report for December 2023.

“The opportunity for buyers continues as we look at the close-price-to-list-price ratio—which can be a bit deceiving. This number continues to hold strong at 98.56 percent; however, we do not track concessions in this report.”

• Read the complete report for November 2023.

“Ultimately, sellers need to get the pandemic years out of their minds. That time frame was a perfect storm of low interest rates, unprecedented demand”

• Read the complete report for October 2023.

“that prices are still strong in the Denver Metro Area. Buyers aren't generally haggling on price; however, they are asking for concessions...”

• Read the complete report for September 2023.

“ inventory is slowly growing, inching us closer to a balanced market that gives buyers and sellers equal footing”

• Read the complete report for August 2023.

“Would-be buyers and sellers are weighing the "golden handcuff" dilemma. They love their historically low interest rates on their home, but no longer love their home”

• Read the complete report for July 2023.

“Why are fewer homeowners choosing to sell? The primary factor driving this trend is the disparity between sellers' existing mortgage rates and the prevailing market rates”

• Read the complete report for June 2023.

“Due to the lack of inventory, buyers are experiencing a bit of fatigue as they wait for either the perfect home or to uncover a good deal”

• Read the complete report for May 2023.

“New listings sell quickly and spend a median of seven days on the market compared to 10 days in March.”

• Read the complete report for April 2023.

“The median sales price was down 6.15 percent from $602,000 last March to $565,000, and median days in MLS increased from four days last year to 10 days”

• Read the complete report for March 2023.

“Buyers are watching rates closely and patiently waiting for new inventory to hit the market. They are more discerning about home prices, less willing to compete and will only jump into a bidding war if the house is move-in ready and suits their needs.”

• Read the complete report for February 2023.

“Buyers are back in the market with bidding wars being reported again, much to the delight of sellers.”

• Read the complete report for January 2023.

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