

LOVELAND, Colo. — Lacey Vesper is under contract to buy a house in Loveland, Colorado. She closes on the sale of her current home this week, and expects to close on the new home about a week later. “I needed something that was move-in ready and I got it,” she said. “It’s across the street from a great K-8 school, and I have a 2-year-old son, so I’m looking forward to that and we can hit the ground running.”

DENVER — It’s a tough time to buy a home in Colorado. May 6, 2021. How hot is the Denver real estate market? The median closing price for a home was $204,000 in March 2011. That jumped to $401,000 through April 2017, and to $475,000 in April 2020, according to a report from the Denver Metro Association of Realtors (DMR). This year, that number has grown to $585,000, up more than 23% from a year ago.

May 19, 2020 Impacts of COVID-19 on the real estate industry. Real estate is considered essential. Moye said more sellers are marketing with 3-D views and videos. Appraisers don’t have to go inside homes, and title companies can use a remote notary.

Feb 13, 2019, New Colorado Realty Association statistics show the median sale price for a single-family home in Denver is $425,000, which’s down more than 1 percent, and townhouse/condo prices are down 12 percent. Association spokesperson Kelly Moye tells FOX31 several factors contributed to the shift, “With the elections and the stock market and the subsequent government shutdown, it never picked up.”

Home prices in the Denver metro area soared more in March 2021 than they usually do in an entire year. Median single-family.

The forecast predicts a drop in Denver-area home prices in 2019. Click to watch!

DENVER (KDVR) — FOX31 is breaking down the national headlines about the big real estate settlement and how it can change home buying and selling in Colorado.