However, Schafer says the drop in inventory that occurred in December is due in part to fewer listings coming on the market in November (nearly 30 percent fewer, to be specific). The private rooftop patio is the perfect venue to host your guests with its breathtaking sunsets views over Denver and the front range. Keep me up to date on the latest trends and happenings around Denver. While other segments saw decreases in inventory and homes staying on the market for longer, the luxury market—meaning homes priced at more than $1 million—saw a decrease in average and median days on the market. On one end of the family room you'll find the dining room and large open kitchen and on the other is the main floor office or non conforming bedroom with beautiful french doors. As of the end of October, we saw fewer new listings, fewer pending listings, and less … We saw some record-setting action that set ablaze to what the rest of the country was experiencing. Upstairs, the extra large loft offers plenty of wall space for all those extra school desks or desks for working at home. A beautiful wood staircase rises from the foyer on one side while an arched portal opens to the living room. So the Denver real estate scene is something of a paradox right now. As we venture into the third quarter, the market appears to be on track to finish even more robust than it started. The median closing price for a detached single-family home in Denver … Real estate roundup: New Denver, BC housing market overview Point2 gives you far more than a simple list of houses for sale. As of late summer 2019, this market had about a 1.8-month supply of homes for sale. Closes grew 57%. The kitchen is equipped with two tone cabinets, quartz countertops, stainless steel appliances, and a breakfast bar. In any case, Schaefer predicts 2020 will be another strong year in Denver’s housing market. Denver Residential Real Estate News . 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. More than 2,400 homes at or above $1 million sold in 2019, which is up almost 12 percent from 2018. Denver Real Estate Market - October 2020 By Joan Cox Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786 Email Short URL Share: November 14, 2020 07:01 AM The stats are out for the month of October, and it has been a strange year as far as stats! There are 3269 active homes for sale in Denver, CO, which spend an average of 50 days on the market. 3 standard size bedrooms plus a nice size master bedroom with en suite bath. Suite 675 Large living room for big family gatherings and a 12x12 ft Kitchen that could easily be updated. In October, the Greater Denver Metro area’s housing market remained consistently hot. Inventory was still scarce at year’s end, as December ended with 9.68 percent fewer homes to choose from than in December 2018. The laundry room is spacious with additional custom shelving. brand new Shaker Dove Gray 42 inch cabinets with stainless steel handles, ideal location within the building provide easy parking and storage unit access, upgraded lemurian blue marble kitchen countertops with backlit onyx island, extra large loft offers plenty of wall space, Spacious kitchen delights with gorgeous flat front euro style cabinets, backyard windows throughout natural feel w nature fireplace on main level, iconic Beauvallon metal copper mansard roof with lunette windows, highly coveted Glass House Open floorpan with tall ceilings, amazing home features waterproof luxury LVT flooring in entry, contemporary white shaker cabinets with brush nickel pull handles, Spacious open living room with a Valor remote control gas log fireplace, main floor office or non conforming bedroom with beautiful french doors, white cabinetswith quartz counter tops and stainless steel appliances, new slab granite kitchen counters with custom tile backsplash, private prime central Denver location with big yard, nice size master bedroom with en suite bath, Large living room for big family gatherings, Solid surface quartz waterfall edge countertops in kitchen, iconic George Nelson Saucer Bubble pendant in the kitchen, additional living space perfect for a cozy intimate living room, Large kitchen with Oversized Solid surface quartz island perfect, exposed brick above pale gray Shaker cabinets topped by marble counters, gorgeous covered patio perfect for dining al fresco year round, Home values for neighborhoods near Denver, CO. As a home buyer, you want to make every dollar count. It's not likely to get any easier to buy a home in Denver this year. The master also has a private walk out deck perfect for relaxing on our beautiful Colorado days and evenings. The average year of construction for buildings in this city is 1979. Our End unit Row Home is innovative, modern, desirable, with 10 foot ceilings on the main living area and 9 foot ceilings in the bedrooms, Large kitchen with Oversized Solid surface quartz island perfect for entertaining, Huge rooftop deck with gas line for future fire pit or grill. The year ended with an average home price of $486,695 and a median of $420,000. The open-plan kitchen adjoins dining, with more exposed brick above pale gray Shaker cabinets topped by marble counters. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Buyers are flooding the metro Denver real estate market now that in-person showings have resumed, but the inventory is low. This amazing home features waterproof luxury LVT flooring in entry, kitchen, hallway and bathrooms, the kitchen features contemporary white shaker cabinets with brush nickel pull handles, granite counters, under cabinet lighting, porcelain tile designer back-splash and an all new stainless appliance package! … Similar to the non-luxury market, it wouldn’t be out of the question to see continued price gains in the luxury market in 2020. This home offers endless possibilities for flexible workspaces in both the front bedroom (non-conforming) and sizable upstairs loft. The experts feel there is no slowdown in the Denver real estate market just more choice, low price gains, and 7364 more homes were listed last month. That’s according to Jill Schafer, chair of the Denver Metro Association of Realtors Market Trends Committee and Kentwood Real Estate broker. Spacious kitchen delights with gorgeous flat front euro style cabinets, quartz countertops, stainless steel appliances, and large center island with seating. The Beauvallon allows you to enjoy the finest amenities from concierge service, full-time security, a resort style pool overlooking the city, restaurants and more. As we venture into the third quarter, the market appears to be on track to finish even more robust than it started. As we venture into the third quarter, the market appears to be on track to finish even more robust than it started. Be sure to notice the upgraded lemurian blue marble kitchen countertops with backlit onyx island. Our End unit Row Home is Innovative, modern, desirable, with 10 foot ceilings on the main living area and 9 foot ceilings in the bedrooms, Large kitchen with Oversized Solid surface quartz island perfect for entertaining, Huge rooftop deck with gas line for future fire pit or grill. 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