Statistics
Denver Housing Market Graphs: by Percentages of Sold Properties
August 20, 2010 by Janet Marlow · Leave a Comment
While the market priced over $500,000 continues to show relative weakness, slaes under $500,000 remain relatively sold with respect to the economy.
The high end condo market remains very slow due to the lack of available and convenient loan funding.
85% of the active Denver real estate market is priced between $125,000 and $300,000. The primary financing vehicle is the FHA.
70% of the Condos sold in the Denver Market in 2010 have been priced under $200,000.
Denver Housing Market Update for July 2010
August 14, 2010 by Janet Marlow · Leave a Comment
Denver Home Sales Graphs for June 2010 by Price Range
July 25, 2010 by Janet Marlow · Leave a Comment
Slight improvement in the upper price ranges is indicated by this graph.
Condo sales remain strongest in the low to mid price range.
While the very lowest segment of the market has become virtually non-existent in 2010, the balance of the market up to $500,00 is not dissimilar to previous years. The $500,00 and above market still struggles, but there is life there as well.
The high end condo market struggles with little of no financing available for that price of property. 2/3 ‘s of the market is selling under $200,000.
Denver’s Real Estate Market for June 2010
July 23, 2010 by Janet Marlow · Leave a Comment
The average days on market for Denver area residential property was the second lowest in the past 4 years, reflecting strong sales and low inventory.
The average days on market for Condos was at the lowest point in the past 4 years.
While the inventory of available homes for sale is still quite low, June marked the first month in the recent past where the total sales went down at the same time inventory went up.
The residential sold price jumped in June, reflecting the highest average price since August of 2007.
The relationship between total sales and inventory became a bit unbalanced in June, with the increase in inventory reflecting a bit of pent up desire to sell by homeowners. The so-called “shadow market” is not yet apparent in the Denver market.
Denver Real Estate Market Graphs for June 2010-Price Change Analysis
July 20, 2010 by Janet Marlow · Leave a Comment
Contract price per square foot is at the highest point in 2 years.
Condo price per square foot has improved over 2009, but not yet at 2008 levels.
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