Is Denvers Residential Real Estate Market Cooling Off

Is Denvers Residential Real Estate Market Cooling Off

DENVER BUSINESS JOURNAL - Despite another month of record-setting prices in the Denver metro, a new report from the Denver Metro Association of Realtors said the Denver housing market might be "cooling off."

The report indicated that in June, there were 6,197 active listings, up 10 percent over the previous month but 20 percent less than the previous year.

Persistent high prices are likely the cause of the increase in listings, according to DMAR.

"The month-over-month increase in listings is likely due to seasonal increases and a general 'cooling' due to record high pricing," said Anthony Rael, chairman of DMAR's Market Trends Committee, in a statement.

Read more from the Denver Business Journal:

(© 2015 American City Business Journals. All rights reserved.)

Jonathan Mueller Headshot
Phone: 720-625-1688
Dated: July 10th 2015
Views: 984
About Jonathan: Jonathan Mueller is a transplant to Colorado, but calls it home now after 15+ years. His passion to ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Aurora Highlands Development - By Megan Mitchell - Denver PostA 2
Zeppelin Station Opens To Public - Open to the public at 7am on March
MUSTHAVE TOOLS FOR HOMEOWNERS - When you own your home, things are
Real Estate Investors Will Benefit From New Tax Law - Real Estate Investors will Benefit

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Ion Real Estate
2049 Larimer St.
Denver, CO

Other Locations