Graphs Showing Sales Price Distribution for Denver Home Sales

February 24, 2010 by Janet Marlow · Leave a Comment 

The January market shows an increase in sales volume in the middle price ranges, with the very low price range indicating a decline.  This is due to a lessening of available inventory of the below $110,000 price range.  The over $500,000 price remains sluggish. Almost 60% of the Denver area home sales were between $110,000… [ Read More...]

Denver Area Real Estate Market Times and Average Prices

January 28, 2010 by Janet Marlow · Leave a Comment 

The above graphs show the average days a property is on the market before a contract is accepted. The condo graph has a higher date range, reflective of the generally longer times it takes to sell condos.  The low residential average in November of 2009 reflects both the low residential inventory and the strong sales… [ Read More...]

Denver Real Estate Price Change Analysis and Influx Index

January 21, 2010 by Janet Marlow · Leave a Comment 

This graph demonstrates the average sold price per square foot by month during the years 2007 through 2009.  The normal bell curve shown in 2007 was clearly disrupted in 2008 and 2009. The average price per square foot has leveled off in the latter half of 2009 as the market continues to struggle for stability…. [ Read More...]

Denver Area Real Estate Sales Distribution Graphs

January 19, 2010 by Janet Marlow · Leave a Comment 

This graph shows the distribution of closed sales by price range.  Note the jump in the lowest category in December of 2008, with many low priced homes being purchased by investors as fix and flip projects.  The very high end showed a bit of recovery in December. This graph clearly demonstrates the decline in low… [ Read More...]

Denver Real Estate Market Absorption Graph

January 17, 2010 by Janet Marlow · 2 Comments 

  The Denver market Absorption Rate calculates the length of time it will take to sell the entire present inventory at the current rate of sales if no new properties are added to the market.  It is generally thought that an absorption rate of 4-5 months or less represents a seller’s market.  Note that in the… [ Read More...]