denver housing market update: Real Estate Market Update for January 2009 - 02/21/09 09:09 AM
Overall Denver metro area closed residential and condo transactions where down by 17% when comparing Jan '09 to Jan '08.  The average sold price dropped to $230,878 a 17.9% decrease over this time last year.  The good news is that inventory is remaining low compared to last year and number of new listings is down by 22%.  The average days on market was 99, a decrease of 12% and absorption rate in Denver real estate market showed a slight decrease to 7.7 months.
-anthony
_____________________Anthony Rael & Assoc.Metro Brokers Arvada-Northwest12191 West 64th Ave, #210Arvada, CO 80004(303) 524-3990www.anthonyrael.com
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Anthony Rael, RE/MAX Alliance (RE/MAX Alliance)

Anthony Rael

RE/MAX Alliance

Arvada, CO

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RE/MAX Alliance

Address: 5440 Ward Rd., #110, Arvada, CO, 80002

Office: (303) 456-2170

Mobile: (303) 520-3179

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Anthony Rael, anthonyrael.com, Denver Colorado Real Estate. Educating buyers & sellers on what's happening in the Denver Colorado Real Estate market. By empowering my clients with the knowledge to make educated real estate decisions - they will be better equipped to maximize your investment, secure your future and realize the home of their dreams.


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