Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Denver Real Estate Market Update - July 2011

Market metrics (based on June data):
In June, 4,080 units closed at an average price of $266,493 which resulted in $1.08 Billion of closed dollar volume.  This is the first month in 2011 where the closings exceeded $1.0 Billion.  On a Year-to-Date basis, 18,835 units closed at an average price of $254,151 which resulted in $4.8 Billion of closed dollar volume.

Monthly Market Recap:
*Note: Absorption Rate is also known as Month’s Supply of Inventory and represents the number of months that would be needed to deplete the current active listings inventory at the current sales rate.
Remember: Real estate is local.  While the above is a representation of the Denver market, please contact The Bandy Team to better understand your specific real estate market.
 
Advice to Sellers:
More and more prospective buyers rate Lifestyle as their top priority.  What are Lifestyle priorities?  Could they be ease of commuting, access to health and safety services, family friendly neighborhood, availability and access?  Lifestyle priorities are individual.  With that being said, who is the prospective buyer for your home?  Today in the Denver market, it is a buyer’s market.  What does this mean to you as the seller?  One needs ... more

__________________________________________________
Are you on The Rain? Grow Your Network!