Denver Real Estate Market Statistics February 2012
March 7, 2012 by Bob Schenkenberger · Leave a Comment
Great News for the recovering Denver Real Estate Markets! February – 2012 Real Estate Market Update Entire MLS (All Areas) Residential Highlights 13.7% Increase in closed sales year over year 45.5% Decrease in Absorption Rate (4.2 months) 39.7% Decrease in active listings year over year (8,202) 2.1% Increase in average sold price ($270,821) Condo/Townhome [...]
Denver Housing Market Stats – February
March 11, 2009 by Bob Schenkenberger · Leave a Comment
Here are some quick market stats from February. When I have more time I will delve into what they may foreshadow, however, suffice it to say, it’s good news! Home sales in February totalled 4,183. Up 9.2% over January Median home price was $192,000. Up 5.8% Median price for Condos was $117,725. Up 4% 53% [...]
Inventory Drops, AGAIN!
November 8, 2008 by Bob Schenkenberger · 2 Comments
The number of unsold homes in the Denver area continues to decline. In October there were 23,120 homes on the market, a 20.1% drop from 2007! Inventory hasn’t been this low since January 2005, when there was slightly less than 21,000 homes available. One of the primary reasons for the lessening inventory is the fact [...]
Denver Continues to Show Signs of Leading the Way!
October 1, 2008 by Bob Schenkenberger · Leave a Comment
The latest Case-Shiller real estate market report shows Denver faring better than most other parts of the country. With all of the economic uncertainty across the country about the real estate market, Denver, Dallas, Detroit, Boston, and Atlanta are appearing to have turned the corner. Note: Take one month stats and annualize them to get [...]
Metro Denver Market Research
September 19, 2008 by Bob Schenkenberger · Leave a Comment
With all the turmoil in the financial and real estate markets, I am constantly striving to provide up to date information and data on what is REALLY going on in the Denver Market. I’ve found a couple of sources of live, dynamic information that I will provide to you. I have a new “Market Research” [...]
Metro Denver Inventory Drops 20%
September 10, 2008 by Bob Schenkenberger · Leave a Comment
The number of homes on the market, in the Denver, area plunged by 20 percent in August from a year earlier, the largest percentage drop in five years. According to data from Metrolist, there were 24,648 unsold homes on the market last month, compared with 30,827 in August 2007. This is very good news and [...]
New Market Insight Tools!
July 30, 2008 by Bob Schenkenberger · 2 Comments
I wanted to let everyone know of an exciting new feature on this site! On the Top Right of the “HOME” page, you now see a Market Profile section. This section shows you a graphical display of the Median Price of Homes in the Denver Metro Area. It’s alway helpful to know where you have [...]
Metro Denver Real Estate Stats – April 2008
May 12, 2008 by Bob Schenkenberger · Leave a Comment
Here are some recently compiled market stats for April 2008. My market area is the South Metro Denver cities, including Denver, Centennial, Greenwood Village, Cherry Hills Village, Englewood, Aurora, Littleton, and Highlands Ranch. Big Picture (Covering the Entire Metro Denver Area) The figures are for single family residential properties only, and do NOT include Condos, [...]
Denver Real Estate-5 HOT Zip Codes!
May 8, 2008 by Bob Schenkenberger · Leave a Comment
More news today on some HOT markets in the Denver area. As reported in the Rocky Mountain News, certain Zip Codes are doing extremely well! Over the past year, the median price in the Denver Metro Area has fallen. But certain areas are going UP. The top 5 areas are: 1. Centennial, Cherry Hills Village, [...]
Denver Real Estate Data
May 7, 2008 by Bob Schenkenberger · Leave a Comment
The median price for single family homes in the Denver Metro area dropped from $224,900 in March to $222,550 in April. This one percent drop could be a positive sign for the market. The almost negligible drop may be a sign of recovery. Activity is up and prices seem to be stabilizing. I’ll keep you [...]