Category Archives: Denver

Available Inventory of Single Family Homes Trending Lower

Posted on October 19, 2011 by Mitch Shannon

In the midst of challenging economic times, an interesting trend has been developing in the Metro Denver residential real estate market, over the last year.  The supply of available homes in the metro area has been steadily declining.  Year over year comparisons, between 2010 and 2011, show a consistent reduction in the available inventory of single family homes (graph A), since January 2011. Equally compelling is the sold rate of single family properties, in 2011, when compared to the sold rate, in 2010 (graph B).  When analyzing the volume of sold houses between 2010 and 2011, it is evident the Home… Read More »

Posted in Denver, Denver Real Estate Market, For Buyers, For Sellers | Leave a comment

Metro Denver Residential Real Estate Inventory Down 21%

Posted on October 8, 2008 by admin

Very encouraging news for residential real estate in the Denver Metro area.  The number of unsold homes in the metro area has decreased approximately 21%, with 23,932 homes for sale in September 2008 compared to 30,335 homes in September 2007.  Additionally, the number of homes under contract increased from 4,329, in September 2007, to 5,269, in September 2008.  Ironically, that is a 21% increase in homes under contract from last year.  With lower inventory and an increasing number of homes under contract, the Denver real estate market may be seeing the beginning of a transition from a “buyer’s market.”  The current absorption… Read More »

Posted in Denver, Denver Real Estate Market, For Buyers, For Realty Professionals, For Sellers, Regional News | Leave a comment

Denver Apartment Vacancy Rate Rises Slightly

Posted on February 1, 2008 by admin

According to the Metro Denver Multifamily Vacancy and Rent Survey, the metro Denver vacancy rate rose slightly in the fourth quarter of 2007, to 6.1 percent.  The increase is considered minor and relatively optimistic when compared to the fourth quarter of 2006 vacancy rate of 7.0 percent.  Average rents remained fairly stable from the third to fourth quarters, of 2007, with a small increase of $2.00, in the fourth quarter.  New construction of apartment homes, in 2007, has been relatively stable, with 2,262 new units built in 2007.   Overall, the rental market appears to good with adequate supply and demand.  You can… Read More »

Posted in Apartment Rentals, Denver, For Buyers, For Realty Professionals, For Sellers, Regional News | Leave a comment