Denver Colorado Residential Home Sales - Market Overview by Price |
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Detached Single Family Homes - As of July 15, 2009 (Including All Sold Data from Previous 6 Months) |
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Remember that your local real estate market may not be the same as the national or statewide data. Real estate is local to your area and neighborhood and your price range. For properties in the City of Denver, you can see by the data below, it is a seller’s market for homes below $275,000. And it is a definite buyer’s market above $375,000. In fact, if you have a $1 Million+ home to sell in Denver, you may have to wait 3 years to sell your home. (The National Association of Realtors® describe a buyer’s market as less than 6 months of inventory and a seller’s market as greater than 6 months of inventory).
Is the $8000 First Time Home Buyer Tax Credit having an effect on the Market? The answer to that question is a resounding YES! YES! YES! Buyers are getting out bid and we have seen several homes go for more than list/asking price in and around the Denver Metro Area. First Time Home Buyers hoping to take advantage of the First Tax Credit of $8,000 should consider buying as soon as possible. You have to close on your new home by November 30, 2009. I know that there will be a rush to buy before this deadline. With the lack of good move in ready homes available for purchase in Denver below $275,000 now do you think it will get worse before the deadline? We advise that you start your search now!
Search listings from the Denver MLS
Sellers, it is a great time to sell! Buyers are looking and need good move in ready homes to purchase. If you would like to get more statistics on your current home or in an area you would like to move to, please sign up for our free home value service on the <<===left side of the web page that uses actual and current MLS data. Sign up today! |
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* Arvada Home Sales by Price Band Analysis * Lakewood Home Sales by Price Band Analysis * Denver Home Sales by Price Band Analysis * Littleton Home Sales by Price Band Analysis * Edgewater Home Sales by Price Band Analysis * Morrison Home Sales by Price Band Analysis * Golden Home Sales by Price Band Analysis * Westminster Home Sales by Price Band Analysis * Jefferson County Home Sales by Price Band Analysis * Wheat Ridge Home Sales by Price Band Analysis |
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Price Range |
Number of Actives Listings |
Number of Pendings Listings |
Pending Ratio |
Number of Solds (Last 6 Months) |
Average of Original List Price (Solds) |
Average of Final List Price (Solds) |
Average of Net Price (Solds) |
Original List to Net Price Ratio |
Average Days on Market (Solds) |
Average Days on Market (Actives) |
Monthly Absorption Ratio |
Months Inventory |
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Below $125K |
269 |
469 |
174.3% |
1327 |
$95,198 |
$84,699 |
$83,723 |
87.9% |
87 |
122 |
111.3% |
1.2 |
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$125K-$149K |
204 |
192 |
94.1% |
444 |
$144,748 |
$136,185 |
$133,432 |
92.2% |
78 |
100 |
52.0% |
2.8 |
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$150K-$174K |
194 |
161 |
83.0% |
331 |
$173,397 |
$161,145 |
$157,916 |
91.1% |
90 |
132 |
42.3% |
3.5 |
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$175K-$199K |
204 |
120 |
58.8% |
235 |
$199,772 |
$185,724 |
$182,547 |
91.4% |
100 |
127 |
29.0% |
5.2 |
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$200K-$224K |
119 |
72 |
60.5% |
195 |
$228,914 |
$212,353 |
$209,399 |
91.5% |
97 |
120 |
37.4% |
3.7 |
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$225K-$249K |
150 |
92 |
61.3% |
182 |
$254,657 |
$236,689 |
$233,682 |
91.8% |
83 |
106 |
30.4% |
4.9 |
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$250K-$274K |
118 |
74 |
62.7% |
175 |
$284,734 |
$261,919 |
$258,079 |
90.6% |
91 |
113 |
35.2% |
4.0 |
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$275K-$299K |
195 |
72 |
36.9% |
185 |
$303,103 |
$285,726 |
$282,593 |
93.2% |
88 |
127 |
22.0% |
6.3 |
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$300K-$324K |
108 |
40 |
37.0% |
122 |
$336,665 |
$310,953 |
$307,934 |
91.5% |
87 |
112 |
25.0% |
5.3 |
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$325K-$349K |
137 |
53 |
38.7% |
113 |
$364,218 |
$335,467 |
$333,288 |
91.5% |
80 |
118 |
20.2% |
7.3 |
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$350K-$374K |
104 |
29 |
27.9% |
118 |
$382,764 |
$360,758 |
$357,947 |
93.5% |
97 |
145 |
23.6% |
5.3 |
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$375K-$399K |
138 |
45 |
32.6% |
90 |
$415,795 |
$385,550 |
$382,607 |
92.0% |
111 |
117 |
16.3% |
9.2 |
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$400K-$450K |
170 |
45 |
26.5% |
120 |
$460,588 |
$421,820 |
$419,945 |
91.2% |
110 |
131 |
16.2% |
8.5 |
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$450K-$499K |
186 |
38 |
20.4% |
101 |
$527,299 |
$472,167 |
$470,827 |
89.3% |
118 |
172 |
12.5% |
11.0 |
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$500K-$599K |
262 |
45 |
17.2% |
132 |
$579,653 |
$538,587 |
$536,900 |
92.6% |
132 |
179 |
11.3% |
11.9 |
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$600K-$699K |
176 |
24 |
13.6% |
57 |
$730,381 |
$643,228 |
$642,178 |
87.9% |
151 |
163 |
7.7% |
18.5 |
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$700K-$799K |
158 |
12 |
7.6% |
51 |
$813,617 |
$742,905 |
$741,771 |
91.2% |
181 |
197 |
6.6% |
18.6 |
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$800K-$899K |
103 |
17 |
16.5% |
33 |
$977,512 |
$853,878 |
$853,636 |
87.3% |
148 |
195 |
8.1% |
18.7 |
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$900K-$999K |
72 |
12 |
16.7% |
23 |
$1,080,104 |
$934,573 |
$931,075 |
86.2% |
233 |
243 |
8.1% |
18.8 |
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$1 Million + |
312 |
22 |
7.1% |
52 |
$1,766,904 |
$1,437,341 |
$1,435,916 |
81.3% |
313 |
272 |
4.0% |
36.0 |
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Grand Total |
3379 |
1634 |
48.4% |
4086 |
$262,797 |
$238,499 |
$236,350 |
89.9% |
97 |
153 |
28.2% |
5.0 |