Metro Denver Real Estate Market Report

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Denver's strong real estate market continued into 2014, and Live Urban Real Estate continued to show its sales strength in Denver's city-close neighborhoods. Our urban-focus brokerage sold and closed 625 properties, which added up to a total sales volume of over $200,000,000. 

Records indicate Live Urban's brokers performed considerably better than average among its peers, selling homes listed by the brokerage for 99% of the original list price. The average sold price for all brokers in the area is 96.9%.

Live Urban brokers also sold homes faster than average, putting homes under contract in an average of 21 days. Other Denver area brokers took nearly twice as long, 41 days.

Our website continues at a record-breaking pace, with over-all traffic up

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The holiday season did not slow the pace of the housing market as consumers continued to snap up available properties in December, pushing prices up as supply levels declined for the third consecutive month.

According to the latest monthly report by REcolorado, the average sale price for a single family home was up three percent over last month and 11 percent as compared to last year, bringing home prices in the Denver area to a record high of $339,636.

Single family home sales totaled 3,983 units, an increase of four percent over last month and a two percent increase year over year. The market absorption rate—the rate at which the market absorbs the inventory of homes that are for sale—dipped to a six week supply, versus a seven and a half week

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According to Metrolist, Colorado’s largest MLS and the provider of REcolorado.com, limited supplies of housing inventory did not constrain Denver area residential home sales in November. Sales remained strong year over year and home prices increased once again.

In November, 6,566 active listings were on the market in the Denver metro and surrounding area, an 18 percent decrease as compared to last month, and a 27 percent year-over-year decrease. These numbers reflect inventory levels roughly half of what they were just three years ago.

“Tight inventories that have been seen in the Denver area housing market for some time now showed no signs of easing in November,” said Kirby Slunaker, president and CEO of Metrolist. “The slowing in monthly home sales

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According to Metrolist, many of the housing indicators for October 2014 showed little change month over month. However, prices remained strong. With 8,041 active listings on the market, inventory of available homes showed the slowing that is expected this time of year. In October, the active listings slid 10 percent as compared to last month, and were down 23 percent as compared to this time last year. The number of new listings that came on the market was down eight percent month over month and two percent year over year.

After two consecutive months of decreases, October brought an increase in the average sales price for single family homes. The average sold price in October was $323,750, up one percent from last month and a seven percent increase

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According to Metrolist, Colorado’s largest MLS and the provider of REcolorado.com, September housing numbers for the Denver metro and surrounding area continued to show signs of a slowing market, as autumn set in.

With 8,959 active listings on the market, inventory of available homes in September dipped seven percent as compared to last month. The number of new listings that came on the market was down 14 percent month over month. However, there was a six percent increase over this time last year. Download a copy of the report here.


With regard to average sales price, September brought a slight decrease for the second consecutive month. The average sold price for a single family home in September was $319,819, down three percent from last month.

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According to Metrolist, Colorado's largest MLS and the provider of REcolorado.com, August housing numbers for the Denver metro and surrounding area showed signs of the traditional end-of-summer softening. Prices dipped a bit, the number of sold listings decreased, and homes stayed on the market longer.

"As the kids head back to school, we tend to see a slowing of the housing market; this year is no exception," said Kirby Slunaker, president and CEO of Metrolist. "The summer selling season was strong, and in many areas remains very active, with buyers quickly making offers on properties that are priced right."

August brought the trend of increasing prcies for single family homes, which began in February, to an end. The average sold price for a

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Our fast-moving seller’s market continues in Denver, with 50% of new listings going under contract within 7 days.

There were 8,297 Active Listings on the market, a 6% increase from June, and down 17% from one year ago. 5,111 went under contract, down 6% from June, and 5,478 homes were sold and closed. That’s a 5% decrease from the previous month.

Download a copy of this month's report here, and watch this month's video, featuring Live Urban broker Dave Christie, featuring Denver's RiNo neighborhood and the Larimer Lounge.

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It’s still a fast-moving seller’s market in Denver, with numerous properties going under contract as soon as they’re listed. The average days on market for all properties was only 28 days. That’s a 31% decrease from one year ago.

There were 7,791 Active Listings on the market, a 4% increase from May, and down 5% from one year ago. 5,414 went under contract, down 4% from May, and 5,582 homes were sold and closed. That’s a 5% increase from the previous month.

Download a copy of this month's report here, and watch this month's video, featuring Live Urban brokers Susie Best and Patrick Gibson, featuring Denver's Congress Park neighborhood and the Denver Botanic Gardens.

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Signaling the start of the summer buying and selling season, the real estate market for the Denver metro and surrounding area saw increased activity in May as buyers scooped up available inventory despite near record prices. Download a copy of this month's report here.

The pace of home sales picked up during the month of May, as the number of sold properties rose 19 percent month over month. In particular, demand for single-family attached homes saw a marked increase, rising 25 percent over last May. 

Inventory in the Denver area continued its upward trend, as active listings increased 15 percent from April, and the number of new listings climbed 11 percent month over month. However, the market is still very competitive, as days on market saw a

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