While your true love may be getting you a partridge in a pear tree in the near future, we decided to give you the 12 facts of Colorado real estate:

• 1 is the ranking Colorado owns for long-term home price appreciation versus all other states
• 2.6% unemployment rate in Colorado right now
• 3.73% mortgage rate for a 30-year mortgage which is about half of the long term average
• 4.7% apartment vacancy rate in Metro Denver, the lowest since 2015
• 5.5% is the long-term average for yearly home price appreciation along the Front Range
• 6,000,000 live in Colorado
• 7,000 residential properties are for sale in Metro Denver right now and the average for this time of year is 14,700
• 80,000 is the number of people that is added to our state’s population each year
• 9 homes are for sale in Larimer and Weld County priced over $2,500,000
• -10% is the decrease in new home construction in Larimer County compared to last year while Weld County grew by 17%
• 11 times in the last 40 years home prices have gone up at least 8% along the Front Range
• $1,202,488 is the average price for a single-family home in the City of Boulder

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

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