Denver Market Report - June 2012

By
Real Estate Broker Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# IR40011786

Denver Market Report - June 2012

 

Denver CO

 

The Denver real estate market is enjoying a seller's market in many parts of town, showing less than 90 average days on market .   The inventory was down 39.39% in June for both single detached family homes and multi-family, which is creating multiple offer situations especially with homes showing well and priced correctly.



With multiple offers come some contracts falling out, and homes returning to the market.    With offers increasing above list price buyer feel they paid too much and sellers feel they listed their home too low.      Many times the appraisals will come in lower than contract price.   


Denver Market Report - June 2012

Information courtesy of Metrolist


Homes for sale


Denver active listings are getting showings very quickly once on the market, and getting offers quickly in the lower price points.   If you have thought about putting your home on the market, call me and we can talk about your options!


Of the current active short sale listings (detached homes) from $0-$400K, there are 5428 listings, 3034 available from $401,000-$999,999 and 840 available over $1,000,000+.

Of the current bank owned properties (detached homes) from $0-$400K, there are 288 listings, 40 available from $401,000 to $999,999 and 11 available over $1,000,000.

Of the current short sales properties (detached homes) from $0-$400K, there are 361 listings, from $401,000-$999,999 there are 69 and over $1,000,000 there are 6 available.

All these stats are down over the data from May 2012.


Interest rates are rising, but still low and if you would like to see what properties would fit your criteria, give me a call, or search my web site for your Dream Home.

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Metro Brokers - House to Home, Inc.House to Home

GRI, ABR, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

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Topic:
Real Estate Market Trends
Location:
Colorado Denver County Denver
Groups:
Local Real Estate Market Reports
Market Reports
City & State: Listings and Market Reports
Colorado Real Estate
Tags:
denver real estate
denver realtor
denver sold homes
denver home sales
denver market report june 2012

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Rainmaker
1,575,390
Lou Ludwig
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
Ludwig & Associates

Joan

The Denver Colorado Real Estate is in great shape.

Good luck and success.

Lou Ludwig

July 16, 2012 07:48 PM
Rainmaker
578,313
Barbara Altieri
REALTOR - Fairfield County CT Real Estate
RealtyQuest, Fairfield and New Haven County CT Homes for Sale and Real Estate

Joan -- Another seller's market report!  I am seeing more and more around the country here on AR.  You wouldn't know it, though, on the national news. Ugh.....

July 16, 2012 07:59 PM
Ambassador
1,064,516
Joni Staples
Your Huntsville / Lake Livingston Area REALTOR®
Berkshire Hathaway Home Services - Anderson Properties

The prices seem to be going up between the listing date and the 90 days on market. At least that is what some of those appraisals seem to be saying! 

July 16, 2012 08:08 PM
Ambassador
1,449,259
Renée Burrows
Las Vegas Real Estate Broker - www.urLVhome.com
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate

WOWSER!  Another market where inventory is DWINDLING!  I bet that is keeping you on your toes and busy busy busy!

July 17, 2012 10:12 AM
Rainmaker
1,277,441
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

So nice to see Denver's market back again.    Now if we can get more sellers to list their homes, our buyers will have more to look at!

July 20, 2012 12:09 PM
Anonymous
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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