As the neighborhoods in close proximity to Denver are becoming more crowded and pricey, would-be buyers are flocking further from the city to check out up and coming areas where prices may be a
Spring Brings Record Home Prices For Denver Metro North
Whether you’re buying or selling in the Front Range, there’s no doubt our area has one of the most active housing markets in the country. In fact, four metro areas in Colorado set records in March for gains in home prices.
The Denver Post reported that Denver, Boulder, Fort Collins and Greeley all saw the median price of a home sold climb to a new high in March. According to the article, only three other cities in the U.S. experienced identical gains.
While Colorado very much dominated the real estate market in March, experts agree constraints must be enacted to help maintain any sense of affordability.
Daren Blomquist, a vice president at RealtyTrac said the envelope is being pushed on affordability in Front Range and at some point the constraints have got to kick in. “I would expect to see that in the next year in the Front Range,” he said.
According to the RealtyTrac report for March:
Boulder County's median price for homes sold in March hit $451,250.
Metro Denver's was at $325,200.
Fort Collins, including Larimer County, was at $295,000.
Greeley, including Weld County, climbed to $257,500.
Check out the full article here. Interested in buying or selling in the Front Range? Contact Metrowest today and see how we can help!
Ken Blevins, Chief Executive Officer of Metrowest Real Estate Services, is a veteran in mortgage and default servicing with more than 23 years of experience in collections, foreclosure/bankruptcy, los....
Latest Blog Posts
With low inventory and high home prices in Denver, first-time buyers are often overwhelmed with how quickly homes sell and discouraged with the lack of options for their first starter house. It’s
Once run down and somewhat undesirable, Overland, Denver’s very first settlement, is now in the midst of an overhaul as once-empty storefronts along South Broadway fill out with a variety of