Comment on Colorado’s housing market faced another frosty year in 2024, especially for condos

Colorado’s housing market faced another frosty year in 2024, especially for condos

Homebuyers continued to wait for mortgage rates to drop last year and sellers, especially condo owners, waited for buyers to show up in a meaningful way during what was another sluggish year for the state’s housing market, according to a monthly update from the Colorado Association of Realtors. The number of single-family homes sold statewide rose a modest 3.1%, from 64,086 in 2023 to 66,098 in 2024.

 

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