Lone Tree, CO - Real Estate: March 2007 Market Report
How is the Lone Tree Real Estate Market doing according to the MLS?
All data is pulled form Metrolist, which is the local MLS that includes Lone Tree real estate, these numbers represent March 2007 of single family residential properties in Lone Tree, Colorado (Douglas County).
March 2007 - Lone Tree, CO
Active Listings - (Total) 75
Active New Listings (listed in March) - 25
Under Contract - 29
Newly Under Contract in March - 15
Please note that these are based on listings in the MLS and do not include all fo the new construction in the area.
So what does the data tell us? Activity is up. Showings are up. There are some situations in the market that are not great but all in all the Douglas County Real Estate market, including Lone Tree, is doing well and I expect that trend to continue.I do expect to see more new listings enter the market as we change seasons. Inventory levels are at just over 2 1/2 months which indicates a healthy market! Based on the 1st week of April, I see this trend continuing throughout the rest of the month.
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