The Black Forest Colorado Real Estate market saw a good November with 24 sales. This is up from the previous month of 17 sales and significantly better than the average November sales number of 14.
Black Forest Colorado-Real Estate Statistics 2007-2017
| Year | Homes Sold | Median Sales Price | Median Price Per Sq Ft | Average Days on Market |
|---|---|---|---|---|
| 2007 | 166 | $409,200 | $125.00 | 133 |
| 2008 | 152 | $377,000 | $115.52 | 173 |
| 2009 | 146 | $344,500 | $104.91 | 164 |
| 2010 | 168 | $350,000 | $104.23 | 159 |
| 2011 | 169 | $335,500 | $100.57 | 165 |
| 2012 | 184 | $361,597 | $110.47 | 149 |
| 2013 | 180 | $369,000 | $112.28 | 118 |
| 2014 | 201 | $378,000 | $119.18 | 120 |
| 2015 | 219 | $415,000 | $125.00 | 90 |
| 2016 | 257 | $450,000 | $135.22 | 70 |
| 2017 (YTD) | 193 | $490,000 | $159.40 | 61 |
Although this November saw 5 fewer sales in Black Forest area than 2016, the numbers are still above average. The problem has more to do with the supply of homes as opposed to lack of demand.
The Median sales price is still holding at an all-time high of $490,000. This is a 46% increase from the 10 year low in 2011 of $335,500
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