“Downtown is the shining star,” Chris [...]
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Highlights: YTD, sales jump 50% from $400,000 to $499,999. The biggest percentage gains in home sales in the first two months of 2013, compared with the same period in 2012, occurred in the $400,000 to $499,999 price band, according to an analysis of [...] “We view ourselves as a centerpiece of Lower Downtown,” David Stafford [...] In my previous post I reported that San Diego-based DataQuick shows that June home sales were at a record low. DataQuick, gleans its information on new and used homes that have closed from public records in Denver and across the country. By contrast, Metrolist, which will soon be releasing its July numbers, tracks homes [...] There is only a 3.44-month supply of single-family homes priced under $250,000 in the Denver market, according to an analysis of Metrolist data by Jack O’Connor, one of the five broker owners of RE/MAX Professionals. “I think for homes below $250,000, maybe even $300,000 now, it is a seller’s market,” O’Connor said. A six-month supply of [...] The median, or middle, price of a single-family home sold in the Denver area last month rose to$237,500, a 3.2 percent increase from the $230,00 in June 2008, according to a report released today by independent broker Gary Bauer. The increase was even more pronounced from May to June , with prices rising 7.95 percent [...] Becky Sable, assistant to Dee Chirafisi, the top residential broker in Denver last year and the co-owner of Kentwood City Properties, just sent me an online flyer of eight lofts and condos in downtown. The units are priced from $299,000 to $389,000, dispelling the notion that downtown living is just for the rich. These units are [...] Vacancies in rental houses in the Denver area rose to 3.6 percent in the first quarter, compared with 2.7 percent during the first quarter of 2008, shows a report released today by the Colorado Department of Local Affairs’ Division of Housing. The report by the housing division tracks for rent-condos, single-family homes and other small properties [...] |
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