Wrapping up 2007 and ready to move onto 2008. 

Market Statistics for December can be confusing - notoriously it is the slowest time of the year - but the Denver metro real estate market has had a healthier go of it than other parts of the nation.  The gloom & doom that the media is reporting - Well, like your mother always told you, don't believe everything you hear or read.  Yes, things have slowed a bit,  but we are fortunate to have a healty real esate market here in the South Denver area and I expect 2008 to only get better.

Here are the AUS Aurora South numbers for December 2007 - Aurora South and parts of Centennial

Aurora South - Residential Real Estate - Single Family Homes

Total Active 1478
Average Asking Price Price $235,712
New Listings 401
Listings Back on Market 163
Sold 243
Average Price Actually Sold $192,623
% of List Price 98%
Days on Market 93
Under Contract 268
Expired Listings 152 

Aurora South Condos & Town Homes

Total Active 791
Average Asking Price $128,299
New Listings 192
Listings Back on Market 90
Sold 89
Average Price actually sold $99,486
% of List Price 95%
Days on Market 117
Under Contract 122
Expired Listings 97

*Statistics from MLS deemed accurate but not guaranteed.

*These numbers may not include homes that are sold by owner (FSBO) and New Construction

Steve Scheer, RE/MAX Masters, Inc.
Denver Real Estate

You can read more about local activities and local real estate on Real Estate in Denver and the Suburbs.