DENVER REAL ESTATE MARKET UPDATE NOVEMBER 2012 Overview Once again the trends are confirming a greatly improved year for 2012 for the Denver Real Estate Market! Some notable stats are shown below as we see Median Prices versus a year ago up by 9%, Average Number of Days on the Market down by 26% and Sold Units up by 19%. Inventory is still very low and is down 30% from a year ago. If you know anyone who is thinking of selling their home, now is a great time to sell! Market Metrics: By the numbers, the inventory … (0 comments)
The Market continues to take us into territory we have not seen in decades, and some cases ever! Here is the latest data on the Metro Denver Real Estate Market through August 2012! You will notice that the graphs (shown at bottom) have begun their fairly straight line as the Spring and Summer volume has cleared and we are settling into the Fall Market! Most notably, Listing Inventory is down approximately 33%, with Under Contracts up 24% and Sold/Closed Volume up 17%, all compared to one year ago. These factors have converged to cause Single Family Denver … (4 comments)
Wow! What a first half to the year! Inventory has gone up a little to just over 9,000 Single Family Homes. With one month remaining in the prime home selling/home buying season, June’s Monthly and Year-To-Date real estate statistics for the Denver area show the continuing trend of historically low inventory of available homes, high buyer demand, low mortgage interest rates, and increased due diligence needed to complete a mortgage loan. Denver continues to be one of the strongest home sales markets in the country. Median prices have now increased for five months in a row! … (0 comments)
Buyers are coming out of the woodwork looking for homes, but not finding much to choose from, especially in the under $300,000 price range. We are counseling buyers in this price range to be ready to jump quickly on any house that comes on the market that meets their criteria. That means being pre-approved for a loan, have earnest money ready, and being ready to make a quick decision. This price range is no longer a buyers’ market; it is a sellers’ market, with many properties getting multiple offers within days of being … (0 comments)
Are We Witnessing the Bottom of the Denver Real Estate Market?
Wow, we are seeing some definite momentum to begin this new year of 2012! Typically January’s activity is lower than December as far as numbers of closings go. But this January’s closings compared with January 2011 showed an increase of 16%! The big story continues to be the lack of inventory, and buyers are still being picky on their selections. Interest Rates are still at historically low levels and will be through the first half of 2012. Prices for single family homes priced below $250,000 have risen … (0 comments)
denver market report: What the Housing Report Means for Denver Homeowners
- 07/29/11 05:08 PM
I wrote last month about a report that should be of interest to Denver homeowners - the Standard & Poor’s Case-Shiller Home Price Index for 20 large cities. This monthly report is compiled by comparing matched-price pairs for thousands of single-family homes in 20 major U.S. cities. There is hopeful news in the most recent report for Denver homeowners.
Although the most recent report shows that Denver home prices posted a year-over-year decline in May for the eleventh consecutive month, it also shows that they rose from the previous month for a second straight month. Also, the Denver average home … (2 comments)
News and information related to living in Douglas County and Parker, Colorado. Go to our website at http://www.BandyHomes.com to search all homes and real estate for sale in Parker and the entire Denver metro area. Save your searches & favorite properties, make notes on each property, photos of Denver properties.
;)
;)
;)
