
View the virtual tour for this home here.
According to a just-issued study completed by CoreLogic, Denver has seen housing costs rise the third quickest throughout a 15 year span, out of 20 major cities surveyed. While metro home prices are expected to keep rising over the course of 2021, the rate of increase is expected to slow down considerably from the current record-setting pace. The average price of a detached home in Denver is $674,990 (April 2021), an increase of more than $40,000 from last month and more than $100,000 above the same period a year ago.
Here’s a CoreLogic graphic highlighting the combined HPI percent change for the Denver and eight other major metropolitan areas. Denver’s year-over-year percent change is the third-fastest among those listed, behind Phoenix-Mesa-Scottsdale and San Diego-Carlsbad.
Click here to read the Westword’s interview with Selma Hepp from CoreLogic in which she explains the cause for the rise in housing costs, if & when we can expect the Denver market to peak, and why there is only a 1.9 year-over-year percentage change expected for the market through February 2021.
Find the Denver Metro Association of Realtors (DMAR) April Market Trends Report here. Here are a few interesting facts found in Market Insights:
Since my Giving Back Campaign began in 2013 my annual goal has been to donate $10,000 to charities of my client’s choice. In 2020 alone we donated over $19,000 to 24 different charities! This is one of my favorite parts of my job- getting to learn about new-to-me charities through my clients, or sometimes allowing them the opportunity to give back for the first time. It’s a pleasure to continue to working with them even after leaving the closing table.
To learn more about me and how I can help you with your Real Estate needs, visit my website here.