[MARKET UPDATE] Front Range Real Estate July 2018
Market Updates by County
The summer housing market is in full swing and there is an overstock of buyers in the Northern Colorado market. Compared to this time last year, Single-Family home prices have increased 8.9% in Larimer County bringing the average home price to $462,358. The average home price has increased by 7.9% in Weld County to $381,489. While average home prices have increased we are seeing a lower inventory of homes for sale in both counties compared to 2017.
Similar to the Northern Colorado market, home inventory for buyers is the biggest hurdle Realtors® are facing. Earlier this year the average home price in Denver crossed the 1/2 a million mark. Home values are still on the rise with the average home price in Denver currently at $578,670, an 11.6% increase from 2017-2018.
Whatever external forces are placed upon residential real estate markets across the country – whether they are related to tax legislation, mortgage rates, employment situation changes, new family formations, the availability of new construction and the like – the appetite for home buying remains strong enough to drive prices upward in virtually all markets across the country. New sales are not necessarily following that trend, but monthly increases are expected until at least late summer.
Fourth of July Fun in the Colorado Front Range
Independence Day is just around the corner and if you haven't quite figured out your plans, we've compiled a mega list of fun for the whole family throughout the Front Range! Whether you are looking to celebrate traditionally with a parade and fireworks or just looking for local events to celebrate and entertain guest in town you can find your celebration plans here!
Our businesses success is built off amazing clients like you!
To our Fans who have referred family/friends to us with a successful closing in 2018 and continue to do so through the end of the year will receive an invite to our Fan Club Tailgate Party at Mile High and 2 Tickets to the Broncos Game!
For the top 3 Fans that refer the most closed referrals during 2018 will get an invite to an exclusive meet & greet before the game with Terrell Davis and receive an autographed Broncos Jersey!
Dreamy Mountain Property Backing to National Forest
130 Sly Fox Road, Drake CO 80515
3 Beds | 2 Baths | 1,936 Sq. Ft.
Awaken your senses in this updated mountain home with direct access to thousands of acres of National Forest. Fall asleep to the sound of the Big Thompson River and wake to wildlife in your yard. Great views provided by the openness of the Canyon where the North Fork joins the Big Thompson. Home features a large kitchen with a large dining area, big living room with a fireplace and a main floor bedroom. 30 min drive to Estes or Loveland.