Anthony Rael, Chairman of the Denver Metro Area Market Trends Committee for Denver Metro Association of Realtors (DMAR)
denver real estate market stats, mls housing stats, sold listings, new listings, single family homes, condos, townhomes, short sales, median sales price, days on market, bank-owned, reo, pending sales, affordability index, market trends, months supply, market overview, REMAX Alliance Arvada

December 2014 Denver Real Estate Market Trends Report
for November 2014 MLS Statistics

"With less than a month remaining in 2014, the traditional or seasonal cool-down has slowed the market somewhat – although not as much as in prior years. The strength of our market continues because eager homebuyers are still in search of their “American Dream” home, and favorable local economic indicators continue to improve and show strength throughout the greater Denver metropolitan area.

Buyers are somewhat anxious to get settled in because they realize mortgage interest rates are expected to increase in 2015 and are growing weary watching from the sidelines. Meanwhile, prospective sellers looking at the horizon still see an excellent opportunity to "cash-in" to buy up into their dream homes or, in some cases, downsize as they become empty-nesters. They realize the active listing inventory of homes for sale remains low and prices continue trickling upwards. Overall, the market is strong as inquiries from buyers and sellers are ringing merrily for DMAR agents as we enter the holiday season.

Year-to-date, the severe shortage of inventory showed active listings are down almost 42%, the number of sold listings remained unchanged, but we're still 5.24% ahead of where we were a year ago with an overall sales volume at $16.1 Billion. The year-over-year residential market has seen days-on-market (DOM) drop 22% and the average sales price increase 8.95%."

- Anthony Rael, Chairman - Denver Metro Association of REALTORS Market Trends Committee
 

December 2014 Denver Real Estate Market Trends Report
Download the December 2014 Denver Real Estate Market Trends Report Download the full DMAR Real Estate Market Trends Report - Dec 2014

2014 Denver Real Estate Market Trends for November 2014
Download the December 2014 Denver Real Estate Market Trends Report Download the full DMAR Real Estate Market Trends Report - Dec 2014
December 2014 Denver Real Estate Market Trends - Expert Opinion by Denver REALTOR Anthony Rael
Download the December 2014 Denver Real Estate Market Trends Report Download the full DMAR Real Estate Market Trends Report - Dec 2014
Denver Real Estate Market Metrics for November 2014
Download the December 2014 Denver Real Estate Market Trends Report Download the full DMAR Real Estate Market Trends Report - Dec 2014

 

Glossary of Terms for Real Estate Stats
What is Median Sale Price?
What are Active Listings?
What are New Listings?
What are Sold Listings?
What is Pending/Under Contract?
What are Days on Market?

What is the Affordable Housing Index?
What are Months Supply of Listings?

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