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

2324 W 33rd Ave

Denver

Sale
$ 1,049,000
2324 W 33rd Ave Denver home for sale
5 Baths
4 Beds
2676 SqFt
N/A Garages

456 S Olive Way

Denver

Sale
$ 630,000
456 S Olive Way Denver home for sale
3 Baths
4 Beds
3156 SqFt
N/A Garages

10240 E 57th Ave

Denver

Sale
$ 642,545
10240 E 57th Ave Denver home for sale
3 Baths
4 Beds
2818 SqFt
N/A Garages

1455 Josephine St

Denver

Sale
$ 1,050,000
1455 Josephine St Denver home for sale
4 Baths
4 Beds
4278 SqFt
N/A Garages

4307 Stuart St

Denver

Sale
$ 874,900
4307 Stuart St Denver home for sale
5 Baths
4 Beds
3368 SqFt
N/A Garages

3433 Beeler St

Denver

Sale
$ 830,000
3433 Beeler St Denver home for sale
4 Baths
4 Beds
3593 SqFt
N/A Garages

2853 S Quitman St

Denver

Sale
$ 400,000
2853 S Quitman St Denver home for sale
2 Baths
4 Beds
1954 SqFt
N/A Garages

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