Market Conditions in 80465>Question Details

Scott, Home Buyer in Colorado

Does anyone know the current average DOM in Morrison, CO? Thanks!

Asked by Scott, Colorado Fri Sep 14, 2007

Help the community by answering this question:


The current average days on market for Morrison, Colorado according to data from the Denver MLS system, MetroList, Inc. is 104 days, but the average from the past three months is 109 days.
But if this sound like it takes a long time these days to sell a home, look at it in a different way. The MEDIAN days on market year-to-date in Morrison is 52 days and for the past three months, it's just 32 days. The average just gets kicked up due to some listings that sit on the market for a really long time. And keep in mind that these stats include homes of all price ranges. There are 147 Morrison homes sold YTD and 59 of those sold for between $200k-$300k. In that price range the average DOM is 82 days and the mean is 52 days. I could slice up the data just about any way you want to see it if you were interested. just give me a call/email and I will. -Mike
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1 vote Thank Flag Link Fri Sep 14, 2007
Scott: Thinking of Selling? Homes are on the market longer these days. Strong Buyer's Market-- Buyers are being selective-- and moving slower to their purchase. Days on market in Morrison: 90-200.
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0 votes Thank Flag Link Fri Apr 11, 2008
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