Thursday, July 19, 2012

NAR: Median prices up in all Colorado metros in June, Listings also down

The Monthly Housing Summary for June has been released by the National Association of Realtors. I've pulled out the data for Colorado metro areas below:


MSA_City MedianPrice MedianPrice_YY Listings Listings_YY MedianAge
Denver  CO $269 000 4.46%  8,296 33
Colorado Springs  CO $230 000 4.59%  4,104 -19.22% 66
Boulder-Longmont  CO $379 900 5.82%  2,554 -19.69% 57
Fort Collins-Loveland  CO $264 900 3.92%  2,701 -11.38% 70
Pueblo  CO $140 000 0.07%  998 -34.59% 66

United States $195 000 2.68%  1.88 mm -19.35% 84

Some of the more interesting stats here:

The median age of listed homes - they much older in Pueblo than elsewhere, and much younger in the Denver area.

As expected, listings are much more numerous in Denver than in other metros, and listings are down in all areas. For some reason, Denver doesn't list a year-over-year change in listings, but according to, listings were down 32 percent in the Denver area from June 2011 to June 2012.

The median price was flat in Pueblo, year over year, which was expected, although Colorado Springs prices were much stronger in this analysis than in some others we've seen such as the Zillow analysis which showed a year-over-year decline for home prices in Colorado Springs in recent months.