A look at Denver's housing market, 5 years since COVID

A look at Denver's housing market, 5 years since COVID

Realtors describe a more stable and balanced market, but the pandemic changed many industry trends.

Shifting dynamics: How the pandemic reshaped Denver’s housing market

Five years after COVID-19 pushed Denver’s real estate market into overdrive, home buyers and sellers continue to navigate a continually evolving landscape. According to the March monthly trends report from the Denver Metro Association of Realtors: The median home sale price in March was $599,000. That’s down 3.9% from its April 2022 peak, but it still shows a 6.92% annual appreciation over the past five years. New listings for the first quarter…

Denver metro’s housing market faces 'price stagnation' with almost 10,000 homes for sale

Homes are sitting on the market for far longer, but prices aren’t dropping yet.