What are the average days on the market in Denver for home sales?

Asked by Gena Riede, Elk Grove, CA Sat May 19, 2007

Help the community by answering this question:

+ web reference
Web reference:

Answers

5
Kristal Kraft, Agent, Greenwood Village, CO
Mon May 21, 2007
As of April 2007 the average days on market are 109. Oddly enough though 20% of our homes sell in the first 30 days! This certainly makes a good case for buyers to see the newest homes on the market and for the seller to price and package their homes properly the first time!
3 votes
Suz A, Agent, Longmont, CO
Thu Jun 10, 2010
Hello Gena!
And good job Kristal!

Gena, the great news the past two quarters is the average time on the market has been shrinking. But, as the media is fond of noting, that was then and this is now. We just came out of a very active period.

We read mountains of data as well as reams of news stories. We look at sales figures and time on the market. We look at seasonal information, quarterly reports and then analyze how it all shakes out. But, as Kristal notes, individual brokers and agents can have better success than the average.

Best of luck to you.

BTW: I've been averaging about 60 days up here in Longmont.

SuZ
0 votes
Kathryn Carl…, Agent, Conifer, CO
Fri Apr 11, 2008
90-200 Days on Market----depending on what area in Denver. For Market Conditions based on zip code-- go to FindingTheHome.com---and click on Market Snapshot. Your local conditions-- will be sent to you in minutes.

Kathryn Carlson, Licensed Real Estate Broker Owner ,
Bachelor of Science, Realtor, Accredited. Luxury Home Specialist, e-Pro Certified
Memberships: National Association of Realtors,
Colorado Association of Realtors, Denver Board of Realtors, Council of Residential Specialists,
Council of Luxury Home Specialists, Colorado Mortgage Holding Company, Licensed HUD Broker, Denver Metrolist
Homes and Lifestyles of Colorado
_____________________________________________
Finding Your Place Called Home
Cell (720) 226-8199 - Direct (303) 816-9199 - Fax (303) 845-9938
Email: Kathryn@DenverHomeLiving.com
Special Offers, Daily Home Lists, and
Market Conditions: http://www.DenverHomeLiving.com
____________________________________________________
9 Divisions to Serve You:
Luxury Home Living - City Living - Mountain Living -Condo & Town Home Living -
Farm & Country Living - Relocation/First Time Home Buyers - REO Bank Owned & Short Sales -
Income & Investment - Land.

Spring Specials:
* Your Home Sold in 90 Days or $1,000 to You.
* 2.6% Total to Sell Your Home (if you are planning on Buying).

Over 30 Years of Combined Company Experience of Tech/ and Real Estate Sales.
Serving the Entire Denver Metro Region & the Mountains.
Thank Your for Your Referrals of Friends & Family - They are the Life of Our Business.
0 votes
, , Denver Metro Area
Sun Aug 5, 2007
Denver Year to Date Residentail Units Sold, and Average Days on Market (DOM) Summary by MLS Area - through June 30, 2007 are as follows:

YTD = year to date
DOM = days on market

DNE Denver Northeast **** 1327 Units Sold **** $235,808 YTD Avg. Price **** 104 YTD Avg. DOM

DNW Denver Northwest **** 654 Units Sold **** $256,355 YTD Avg. Price **** 80 YTD Avg. DOM

DSE Denver Southeast **** 1532 Units Sold **** $484,470 YTD Avg. Price **** 98 YTD Avg. DOM

DSW Denver Southwest **** 967 Units Sold **** $158,338 YTD Avg. Price **** 105 YTD Avg. DOM

DTD Denver Downtown **** 1 Units Sold **** $1,000,000 Price **** 187 YTD DOM

These statistics are based on sales reported to Metrolist as of 30-JUN-2007
0 votes
Allison Smith, Agent, Denver, CO
Tue Jul 17, 2007
The MetroList statistics for June show an average of 94 days on the market for single family homes and 108 for condos.
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more