Monthly Roundup August: DMAR in the News
Our Association caught the attention of several major media outlets this month including Colorado Public Radio, FOX31, The Denver Business Journal, Westword, Colorado Politics, Buzzfeed, The Denver Post, 9News, CBS Denver, 5280, Northglenn-Thornton Sentinel and Mansion Global.
Colorado Public Radio
Real Estate Prices In Metro Denver Are Climbing
A record 6,664 homes sold in July, surpassing the previous monthly high set in June 2017, according to the Denver Metro Association of REALTORS®. The average price rose to $601,863, a 7.68 percent increase from June, the association said in a report today. Read More
FOX31
Denver real estate market hot during pandemic
Denver metro residents might not be seeing as many “for sale” signs out this summer, but the real estate market is still hot, according to experts. “Everyone just wants to move,” real-estate broker Ronda Courtney said. “They know they have to work from home now and they want a great house.” Read More
The Denver Business Journal
Average price for a home in Denver passed $600K in July
The slowdown in home-buying activity typically seen in July was absent this year, as Denver-area buyers closed on a record number of homes and continued to put properties under contract at a rapid clip. Read More
Westword
Good Luck Finding a House in Denver Under $250,000
From the beginning of the COVID-19 crisis, people have wondered if Denver home costs, which have risen steadily in recent years, would finally come back down to earth amid widespread economic turmoil sparked by the pandemic. But prices have continued to climb, particularly at the lower end of the scale, in surprising ways. Read More
How Average Metro Denver House Prices Doubled in a Decade
No one knows when the COVID-19 crisis will pass, but the Mile High City real estate scene continues to operate at a fever pitch, with the average closing price for a house in July, as calculated by the Denver Metro Association of REALTORS®, landing at $601,863, an all-time record. Read More
Colorado Politics
SHELTER AMID COVID | Address housing inequality
At the start of March, the metro-Denver residential real estate spring market was showing signs of being one of the strongest on record. When COVID-19 hit and ensuing shutdowns took effect, the market halted for a brief window of time but almost immediately rebounded. In July, the metro-Denver real estate market posted a number of records even while the daily number of COVID-19 cases reached record-daily levels in the U.S.
Denver voters will decide this November whether to raise taxes in the fight against climate change
Voters will be asked on the ballot this November if their sales taxes should be raised to fund efforts to reduce the city’s climate footprint.
Buzzfeed
Home Sales: Average price in Denver metro is now $601,000
The Denver Post
Despite recession, metro Denver home sales and prices set record in July
Ignoring both the pandemic and a dismal economy, buyers in metro Denver closed on a record number of homes and condos in July, driving sales prices to record highs, according to the latest Market Trends Report from the Denver Metro Association of REALTORS®. Read More
9News
Denver home sales hit record high in July
Nearly seven percent more properties closed in July than Denver area’s previous high in June 2017, according to DMAR's August 2020 Denver Metro Real Estate Market Trends Report. Read More
Record sales, record prices in Colorado's real estate market — but what happens next?
Buyers in Denver closed on a record number of homes and condos in July, something the Denver Metro Association of REALTORS® (DMAR) said indicates the housing market is detached from the struggles of the nation's economy. Read More
CBS Denver
‘A Lot Of Patience’: Pandemic Doesn’t Slow Denver Housing Market
The Denver Metro Association of REALTORS® released the latest figures on trends in home buying and selling on Wednesday recording another record number of sales for the month of July. There were a record number of pending sales in June that set an all-time high for closings in July and pushed the average single-family home price above $600,000. Read More
5280
Denver’s Average Single-Family Home Price Exceeds $600,000 for First Time
July brought hot weather and a hot real estate market for the Denver metro. Last month 6,664 homes sold in the 11-county Denver Metro, according to the Denver Metro Association of REALTORS® (DMAR) Market Trends Report released this week. This is nearly eight percent more than the 6,179 homes sold in June, and well above the 4,762 homes sold in March pre-COVID-19. Read More
Northglenn-Thornton Sentinel
Denver tax hike to fight climate change goes to voters
Voters in Denver will be asked on the ballot this November if their sales taxes should be raised to fund efforts to reduce the city’s climate footprint. Read More
Mansion Global
Mansion Global’s daily round-up of the latest luxury real estate news from around the world. Read More
