Denver MLS Market Statistics | Denver Real Estate

Denver Real Estate Statistics for October

November 7, 2011 By michelleapotter 1 Comment

The Denver real estate market continues to show signs of life. Closings in October boasted an increase of 8.9% over the same period in 2010. This is the 5^th consecutive month that the number of closings beat last year’s numbers during the same months. Inventory is low with only 11,504 residential homes on the market. On the downside, average residential home prices declined 6.1% to $269,503 for the month in comparison to the previous October.

See the full picture for Denver closings from Metrolist:

Click Here for Total MLS Sales Statistics

*These statistics come from Denver MetroList Inc. and are deemed reliable but not guaranteed.

Feel free to contact me for an analysis of how your Denver or suburban home is doing in today’s real estate market.

Michelle Potter

REALTOR in Denver and the Suburbs

303-489-4035

Denver Real Estate Market Stats for September

October 20, 2011 By michelleapotter 1 Comment

Several key indicators in the Denver real estate market for the month of September are suggesting improvement. As the graph below outlines, there is an increase in closed residential sales year over year; a decrease in absorption rate compared to September of 2010; and a decrease in active listings. These numbers all bode well for home sellers. On the flip side, there was a 3.4% decrease in the year over year average sold price in Denver, which is $280,289. Condo’s prices actually did show a 3.3 % year over year improvement – the average sold price is now $159,980.

Click Here for Total MLS Sales Statistics - this link will explain the market statistics in your particular Denver geographic area.

Thank you to Jim Renshaw at Land Title for compiling these monthly Denver real estate reports. Please contact me if you are interested in learning more about how your home is faring in today’s market.

Michelle Potter, Real Estate Agent

303-489-4035

Filed Under: Denver MLS Market Statistics Tagged With: Average Sold Price in Denver, Denver Real Estate, September Market Stats

Denver Real Estate – Market Stats for August

September 6, 2011 By michelleapotter Leave a Comment

The Denver real estate market appears to be gaining traction with another month of encouraging indicators:

Residential Highlights

28.4% Increase in closed sales year over year
39.3% Decrease in Absorption Rate (4.4 months)
22.7% Decrease in active listings (13,436)
3.9% Increase in average sold price ($284,065)

Condo/Townhome Highlights

31.6% Increase in closed sales year over year
11% Increase in averages days on market (111)
.5.1% Increase in average sold price ($168,050)

Click here for statistics on your particular Denver neighborhood:

MLS Sales Statistics

Denver Real Estate Statistical Graph for August 2011

*Based on Information from Metrolist, Inc. for the period Jan 2009 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.

Thank you to Jim Renshaw at Land Title for compiling the market stats for the month of August.

If you are interested in learning more about buying or selling Denver real estate, please feel free to contact me.

Michelle A. Potter, REALTOR in Denver and the Southern Suburbs

303-489-4035

Filed Under: Denver MLS Market Statistics Tagged With: Denver Real Estate Graph, Denver Real Estate Market Stats

Denver Market Statistics for July, 2011

August 9, 2011 By michelleapotter Leave a Comment

Here are the residential real estate market stats for the entire Denver MLS in the month of July. Keep in mind that the comparisons are from last July which followed the end of the tax credit. That being said, the Denver market is still showing several indicators of improvement:

Residential Highlights

17.1% Increase in closed sales year over year
17.9% Increase in average days on market (99)
22% Decrease in active listings (14,014)
.5% Increase in average sold price ($298,654)

Condo/Townhome Highlights

20.1% Increase in closed sales year over year
17.2% Increase in averages days on market (109)
.7% Decrease in average sold price ($153,058)

Click on MLS Sales Statistics to see how your Denver neighborhood or suburban community is faring in the current real estate market. Feel free to call me for a market valuation of your home.

Michelle A. Potter, REALTOR in Denver and the Southern Suburbs

303-489-4035

Filed Under: Denver MLS Market Statistics Tagged With: Denver Market Stats, Denver Metrolist Stats, July Market Stats for Denver

Denver Real Estate – Market Statistics for June

July 15, 2011 By michelleapotter Leave a Comment

The Denver residential real estate statistics for the month of June are showing a 2.1% increase in year-over-year closed home sales. This good news is tempered by a 2.4% decrease in the year-over-year average sold price of single family homes -which is now at $292,230. Condo’s had a 4.2 decrease in closed sales during the same time period along with a 7.7% decrease in the average sold price of $158,463.