Our Denver inventory has dropped 30%, which means it’s a great time to sell!

METROPOLITAN DENVER REAL ESTATE STATISTICS
AS OF NOVEMBER 30, 2011

Nov,’11         Oct,’11          2010        Oct, ’11         2010

Single Family (Residential + Condo)
Active                           14,275      15,794                20,392        -9.62%       -30.00%
Under Contract           3,365         3,844                   3,101       -12.46%           8.51%
Sold                                  3,068       3,183                    2,666         -3.61%        15.08%
Avg DOM                           100           102                         111          -1.96%         -9.91%
Avg Sold Price    $252,009      $245,546    $258,597            2.63%        -2.55%
Absorption Rate          4.36           4.88                      6.31         -10.66%      -30.90%

Residential
Active                       11,513           12,818              15,659           -10.18%     -26.48%
Under Contract      2,736             3,068                 2,482           -10.82%      10.23%
Sold                             2,468              2482                 2,142              -0.56%      15.22%
Avg DOM                         99                  102                     108              -2.94%     -8.33%
Median Sold Price $230,300      $226,021        $233,990     1.89%     -1.58%
Avg Sold Pric          $275,951      $269,503         $281,466      2.39%     -1.96%
Absorption Rate           4.41               4.96                 6.12           -11.09%    -27.94%

Condo
Active                        2,762               2,976               4,733              -7.19%     -41.64%
Under Contract         629                   776                    619            -18.94%        1.62%
Sold                               600                   701                    524             -14.41%    14.50%
Avg DOM                     105                   102                     125                2.94%  -16.00%
Median Sold Price$125,000      $125,000     $125,000        0.00%     0.00%
Avg Sold Price    $153,526          $160,723      $165,113        -4.48%     -7.02%
Absorption Rate      4.18                    4.55                  7.04            -8.13%    -40.63%

Footnotes: Active, Under Contract, and Sold presented as # of units.
Avg DOM = Average Days on Market

This representation may or may not reflect all real estate activity in the market.
Source: Metrolist, Inc.
© 2011 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed