REcolorado Market Watch: October 2020

Each month, REcolorado produces Market Watch reports for the Greater Denver Metro area, Routt County, and Central Colorado. Plus, find additional information in the reports we produce collaboratively with local REALTOR® associations.

With the latest housing market statistics data from REcolorado, you can always answer the question, “How’s the market?”

Denver Metro Area

In October this year, we saw record breaking numbers for new listings, pending transactions, and closed homes as compared to any other October on record. As buyer demand continues to outpace supply, we are seeing an increase in home prices and a shortage of available inventory.

Find the full October 2020 REcolorado Market Watch on our website, and share the consumer-friendly infographic with your clients using this link:

Steamboat Springs & Routt County

Steamboat Springs continued to show strong buyer demand in October with 126 Closed Listings, 64% more year over year. With 98 New Listings coming on the market, up 46% year over year, inventory remained challenging. Homes moved quickly only spending a median of 15 days in the MLS.

Routt County Market Watch: October 2020 >>

Central Colorado & Chaffee County

Inventory remained challenging for Chaffee County in October. New Listings decreased 10% year over year while Closed Listings increased 78% year over year. Homes in Chaffee County spent a median of 30 days in the MLS, which is 13 days less than the same time last year.

Chaffee County Market Watch: October 2020 >>

REALTOR® Association Market Statistics

In addition to the market statistics reports produced by REcolorado, we provide housing market data and collaboratively produce statistics reports with local REALTOR associations.  

Be the Go-To Stats Expert!  

Buyers and sellers look to you to provide information about the housing market so they can make informed decisions. REcolorado offers a variety of tools so you can be the go-to expert who has the answers to your client’s market-related questions. 

Pro Tip: Generate and Share Your Own Market Stats >>

Brush up on your skills and learn new tricks and techniques in our live training classes, currently being held as live webinars. In these classes, you’ll learn more about market stats and practice pulling your own data using tools like REcolorado Matrix, Realist, and InfoSparks/FastStats.

Market Intel (2 CE) – Explore the power of in-depth, current market intelligence |  View all upcoming class dates and times >>  

On-Demand Recorded Webinar: InfoSparks | Watch Now >>