Monday, January 9, 2012

The Denver Market is Heating Up! Now is a great time to buy or sell.


DECEMBER 2011 REAL ESTATE MARKET UPDATE



 



Residential Highlights



4.5% Increase in closed sales year over year with a 2.1% overall increase versus 2010





35.8% Decrease in Absorption Rate (4 months)





36.5% Decrease in active listings (8,854) .4% Increase in average sold price ($275,610)





Condo/Townhome Highlights 3.8% Increase in closed sales year over year with a 1.1% overall decrease versus 2010





50.4% Decrease in inventory (2,139)





1% Increase in average sold price ($160,723)


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