Almost Half Of All Metro Denver Homes Sell In under 39 days

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Real Estate Agent with Metro Brokers Realty Oasis-BrokerIPTV

Do You Need to Sell Your Home in under a Month and a Half?  Well in the Denver, Colorado real estate market, almost a third or more of Front Range home sellers accomplished that in 2007. According to statistics taken from Denver's Real Estate database,  Metrolist,  in 2007, 40% of all Metro Denver single family detached Homes and 33% of all attached multifamily homes sold in under 39 days. The Days on market is tracked form the time the home is entered into the Multiple Listing Service database, Metrolist, until the time the seller accepts a written contract.  The 2007 figure is up from the previous year, where only 39% of detached single family and 32% of attached multifamily homes sold in under 39 days .

 

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Anonymous
Jon Tong

These real estate market statistics are incorrect.  Why don't you ever back up your information with facts that can be verified?

Sep 23, 2008 08:07 PM #1
Rainmaker
97,703
Mark Eibner
Metro Brokers Realty Oasis-BrokerIPTV - Parker, CO
CRS, ePro,GRI

Jon-  These figures are correct, run the data yourself...or do you not have access to MetroList? So I'll  post the data in an excell fromat.  Its not a big deal. Over the years, a large perctage of homes in Metro Denver..ranging form 35% to 50% have always sold in under 40 days.  Whats so hard to accept about that.  In fact withthe increase number of Short Sales and REO properites...its not uncommon to be under contract in under a week and have multiple offers...thus the decrease in days on market from 2006.

Sep 23, 2008 08:34 PM #2
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Rainmaker
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Mark Eibner

CRS, ePro,GRI
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