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Tammy Petit's Blog

By Tammy Petit | Broker in Castle Rock, CO

Denver Real Estate Sees Drop In Days on Market!

Are you thinking about buying a home in the Denver Metro area? If so, you need to be quick in your decisions. Homes are not staying on the market as long as they used to in the area. If you are thinking about selling a home, now might be the time to do it. 

Entire MLS (All Areas)
Residential Highlights:
17.6% increase in the number of closed sales year-over-year (350)
22.3% decrease in average days on market
30.2% decrease in number of active listings
10.8% increase in average price - sold ($301,827)
Condo Highlights:
27.9% increase in number of closes sales year-over-year (133)
35.2% decrease in average days on market 
39.6% decrease in number of active listings
16.5% increase in average price - sold ($170,769)

If you would like more information about buying or selling a home in the Denver Metro area, call me today at 720-331-2355

Comments

By Jeff and Kaye Piggot,  Mon Feb 11 2013, 11:13
As a neighbor to the south, here in Colorado Springs, this is great news! We are experiencing some great stuff here as well. Here's to a great year!
By Sonja Jones,  Mon Feb 11 2013, 11:17
Good News!
By Tammy Petit,  Mon Feb 11 2013, 11:30
Jeff, Glad you guys are experiencing the same. Cheers to a great year and helping buyers and sellers make a smooth transition.

Sonja, you've go that right :)
By Brian Walsh Buyer's Agent,  Mon Feb 11 2013, 19:34
Love to see how well the market is doing around the states, hope it keeps up!

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