Monthly Roundup August: DMAR in the News
Our Association caught the attention of several major media outlets this month including The Wall Street Journal, The Denver Post, 9News, Builder, Denver Business Journal, and Denver Real Estate Watch.
Check out these news headlines, which mentioned our Association and referenced our August Market Trends Report.
The Wall Street Journal
Sales of single-family homes and condominiums in California were down 13% in July compared with a year earlier, according to real-estate tracker PropertyRadar. Sales of single-family homes and condos in Denver declined 18% compared with the same time last year, according to the Denver Metro Association of REALTORS®.
The Denver Post
The number of metro Denver homes for sale increased 10 percent from June to July, but decreases in the number of new listings and the number sold in July indicate what could be the beginning of a seasonal market plateau. Those drops in new listings and homes sold were accompanied by decreases in both average and median home prices, according to a report Thursday from the Denver Metro Association of REALTORS®. DMAR’s residential report includes single-family homes and condos.
9News
Average home prices in metro Denver made another big jump in July, increasing by 12.9 percent over the same period last year to $412,312, including both attached condos and townhomes and detached single-family homes, according to the latest data from the Denver Metro Association of REALTORS®.
Denver Business Journal
Average home prices in metro Denver made another big jump in July, increasing by 12.9 percent over the same period last year to $412,312, including both attached condos and townhomes and detached single-family homes, according to the latest data from the Denver Metro Association of REALTORS®.
Denver Real Estate Watch
Denver-area home sales slowed more than usual in July.ln most every other metric – new listings, under contracts, home price fluctuation – showed typical seasonal changes from June, shows a report released last week by the Denver Metro Association of REALTORS®.
The Denver luxury housing market initially recovered slower than the overall market, after the financial crisis during the Great Recession, according to Jill Schafer, a broker associate with Kentwood, who also tracks the luxury housing market for the Denver Metro Association of REALTORS®.
