Denver is Number 9 on the Highest Performing Major Metro Markets through November 2016

Denver real estate market update and news

Denver is still in the top 10 for best perfoming real estate markets in the Country through the month of November. 

 

 Highest Performing Major Metro Markets

Rank

 

Metropolitan Statistical Area

 

Qtr/Qtr% +/-

 

Yr/Yr

 

Distressed
Saturation

1

 

Portland, OR — Vancouver, WA — Beaverton, OR

 

1.9%

 

11.0%

 

6.1%

2

 

San Antonio, TX

 

1.8%

 

8.5%

 

1.5%

3

 

Tampa, FL — St. Petersburg, FL — Clearwater, FL

 

1.8%

 

14.3%

 

17.8%

4

 

Detroit, MI — Warren, MI — Livonia, MI

 

1.8%

 

7.8%

 

13.7%

5

 

Orlando, FL

 

1.6%

 

11.8%

 

15.3%

6

 

Sacramento, CA — Arden, CA — Roseville, CA

 

1.5%

 

9.9%

 

7.9%

7

 

Seattle, WA — Tacoma, WA — Bellevue, WA

 

1.5%

 

11.8%

 

6.6%

8

 

Miami, FL — Ft. Lauderdale, FL — Miami Beach, FL

 

1.5%

 

10.4%

 

16.0%

9

 

Denver, CO — Aurora, CO

 

1.4%

 

10.7%

 

5.2%

10

 

Riverside, CA — San Bernardino, CA — Ontario, CA

 

1.4%

 

8.5%

 

10.6%

11

 

Nashville, TN — Davidson, TN — Murfreesboro, TN

 

1.3%

 

9.7%

 

6.7%

12

 

Dallas, TX — Fort Worth, TX — Arlington, TX

 

1.3%

 

9.4%

 

2.2%

13

 

Milwaukee, WI — Waukesha, WI — West Allis, WI

 

1.3%

 

5.5%

 

15.2%

14

 

Las Vegas, NV — Paradise, NV

 

1.3%

 

9.9%

 

14.8%

15

 

Jacksonville, FL

 

1.2%

 

9.1%

 

17.6%

Chart 2. Highest Performing Major Metro Markets through November 2016. Source: Clear Capital®

“San Jose going negative over the last quarter is a huge deal, although no surprise given that growth in this market, and the Bay Area region as a whole, has greatly slowed over the last couple of years,” states Alex Villacorta, Ph.D., Vice President of Research and Analytics at Clear Capital. “Rapid price growth combined with lagging, sticky income levels quickly pushed home prices out of the affordable range for a majority of homebuyers, which is a key factor in this market’s recent downturn in performance. For this metro, turn times have slowed for both performing and distressed properties as demand has begun to slack, finally pulling the area into the red during this real estate slow season. While the San Jose market is the only major metro area in the nation reporting negative price growth, an increasingly likely interest rate hike by the Feds this month could just be the shock to the system that pulls other over heated markets even outside California and the West into the negatives, too. We’re keeping an eye on the situation in San Jose and markets nationwide as we begin to put together our 2017 housing market performance forecast.”

Denver, CO real estate market news and updates

Home for Sale in denver, Colorado

5896 Alton St

Denver

Sale
$ 555,050
5896 Alton St Denver home for sale
3 Baths
4 Beds
2570 SqFt
N/A Garages

2210 Meade St

Denver

Sale
$ 1,174,000
2210 Meade St Denver home for sale
3 Baths
4 Beds
3987 SqFt
N/A Garages

531 Cook St

Denver

Sale
$ 1,799,000
531 Cook St Denver home for sale
5 Baths
4 Beds
4936 SqFt
N/A Garages

3129 W 62nd Ave

Denver

Sale
$ 745,000
3129 W 62nd Ave Denver home for sale
4 Baths
4 Beds
3584 SqFt
N/A Garages

4968 Newton St

Denver

Sale
$ 715,000
4968 Newton St Denver home for sale
4 Baths
4 Beds
2601 SqFt
N/A Garages

3720 Newton St

Denver

Sale
$ 1,100,000
3720 Newton St Denver home for sale
3 Baths
4 Beds
3487 SqFt
N/A Garages

2337 S Elm Dr

Denver

Sale
$ 575,000
2337 S Elm Dr Denver home for sale
2 Baths
4 Beds
1970 SqFt
N/A Garages

2270 E 83rd Pl

Denver

Sale
$ 329,000
2270 E 83rd Pl Denver home for sale
2 Baths
4 Beds
1800 SqFt
N/A Garages

2061 S Columbine St B2

Denver

Sale
$ 720,000
2061 S Columbine St B2 Denver home for sale
4 Baths
4 Beds
3195 SqFt
N/A Garages

5060 Perth St

Denver

Sale
$ 340,000
5060 Perth St Denver home for sale
3 Baths
4 Beds
1924 SqFt
N/A Garages

Other Articles