Tag Archives: median

Colorado housing market update July 2016

Redefy Real Estate Colorado market update September 2016

July 2016 was strong for housing along the Front Range. Most markets continued to see an increase in median sold prices for single-family homes (detached and attached). The Fort Collins-Loveland dropped 14.8 percent, which could be viewed as simply a “settling” into a more realistic and sustainable price point.

The average Days on Market (DOM) held at 20 for the Front Range, while the overall median sold price dropped from $360K to $350K due to the FOCO/Loveland decrease.


Redefy Real Estate is a full service brokerage for buyers and sellers, offering savings through flat-fee listings.

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Record-Breaking Sales Spur the Housing Market

Record-breaking sales spur the housing market

Sales of existing homes in May roared ahead to set a record-breaking pace, the highest in almost a decade. Increased demand and lagging supply resulted in an all-time high median sales price.

Total existing home sales grew 1.8 percent, according to a report by the National Association of Realtors (NAR). Adjusted seasonally, that translates to an annual rate of 5.53 million single-family homes, townhomes, condominium and co-ops. Sales are up 4.5 percent from May of 2015 and beat the record of 5.79 million set in February 2007.

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