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.

METRO DENVER REAL ESTATE MARKET UPDATE SEPTEMBER 2013

Overview:
As the so called “Buying Season” comes to an end, there are a couple of things to pay attention to.  First, the graphs show a definite trend line for Inventory and Months of Inventory going up, and the number of Under Contracts and Closings going down!  Keep in mind, we almost always get a second wind to the market in the Fall “Buying Season”!  

Market Metrics:
 
By the numbers, the inventory of available homes for sale is 10,587 homes at August month end, 6,752 homes came onto the market, 6,353 homes were placed under contract, and 5,635 homes closed for a closed dollar volume of $1.76 Billion. The fall season is upon us and the Denver home market continues to show its velocity and strength. Year over year price comparisons are up.
 
Monthly Market Recap:
 
Single Family:                                                            Condos: Active Inventory is 8,787 homes at month end          Active Inventory is 1,800 homes
Sold homes is 4,386                                                    Sold homes is 1,249
Average Days on Market is 40                                   Average Days on Market is 37
Median Sold Price is $287,000                                   Median Sold Price is $166,630
Average Sold Price is $345,487                                  Average Sold Price is $196,292
 
 
August Year-to-Date ... more

__________________________________________________
Are you on The Rain? Grow Your Network!