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South Denver Metro Real Estate Statistics By Zip Code | March 2011
Originally posted on my Denver real estate blog at:Denver Real Estate Stats | South Denver Suburbs
 

The economy remains a struggle. Unemployment needs to improve as well as consumer confidence.  These are all facts of life in the current economic landscape.  Housing is generally a concern for many and maybe the way to start getting us all on the right track.
Real estate statistics can change almost as often as they are run. I won’t be too Polyanna-ish, but if you look at the chart of the most recent month’s activity in the South Denver Metro area, there is a lot of red and yellow areas.  This indicates a pretty balanced level of inventory and in many areas, a seller’s advantage.
Of course, homes inventory overall is down a bit and values still struggle, but on a positive side this isn’t a  real estate market where most seller’s languish on the market and feel the need to give in to the “buyer’s market” mentality.  That is, of course, if they are priced correctly in the first place.  If a seller is overpriced in any market, they cause their own issues.  With most areas balanced, sellers can expect to remain ... more

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