Over the course of 2022, the real estate market began to normalize after hitting record-breaking highs in the first half of the year, which was driven by incredibly high buyer demand and felt very similar to the 2021 market. During the second half of the year, typical seasonal trends emerged, and the market shifted as interest rates started to rise. This stabilization of the market brings fantastic opportunities to both buyers and sellers looking to reach their real estate goals.
We recognize each locality is unique and no two regions respond to market shifts the same way. To aid in presenting an accurate picture of each of the areas that make up Colorado, LIV Sotheby’s International Realty is proud to present our year-end Micro Market Reports, representing the metrics of many key and beloved neighborhoods.