Median home price in Colorado remains steady, Denver metro listings drop | Kiowa County Press
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Precios de la vivienda continúan rompiendo récords
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Single-family home prices in metro Denver have been setting records for months and the same phenomenon is happening statewide. New statistics show that the median price for a single-family home in Colorado has topped $500,000 for the first time ever.
The numbers were crunched by the Colorado Association of Realtors, whose just-issued market trends report shares data from April, the most recent month for which final numbers are available.
The stats include both the average and median sale prices for single-family homes across the state but experts such as Jim Smith of Golden Real Estate think that the median price is a more telling number regarding the market as a whole. After all, the average price is derived from dividing the number of sales by the dollar amounts and can be inflated by a few huge properties at the top of the scale but the median price is defined as the middle point for all sales, the very center of the data.
ColoradoBiz Magazine
Listings down, prices up in mountain towns
The pandemic helped boost home sales in mountain towns this fall, particularly quick and competitive sales of single-family homes
December 22, 2020
Josh and Toni German from Denver had dreams for years of living full-time in a mountain town, but jobs kept them tied to the Front Range.
During the pandemic’s work-from-home requirements, the Germans took the step to relocate to a quiet neighborhood west of Steamboat Springs.
“We were working remotely because of COVID, and basically we decided we were going to make the leap and let our bosses know,” said Toni German, who works in brand management. “If they needed us to come back in, we agreed to be willing to visit the Front Range offices several times a month.”