Dec 27, 2011

December's "What's Selling By Price Range" Report

No matter how you look at it, Denver's most active price range for single-family homes is under $400,000.  A full 85% of all single-family home sales are occuring below this price.

For condos, lofts, and townhomes its a similar story with the lower price ranges receiving the vast majority of the market activity.  Upwards of 90% of the entire Denver condo market is selling below $300,000.  A few months ago we noticed the condo market trying to widen the spread the activity into higher price ranges, but as the market has slowed this time of year, that spread has tightened. 

The most up-to-date Denver Area home & condo sales by price range, are shown below.  If you are planning on buying or selling a home during 2012, this insight should be helpful to you.

SINGLE FAMILY HOME SALES BY PRICE RANGE - METRO DENVER

CONDO, TOWNHOME, LOFTS SALES - METRO DENVER

These charts will give you a better understanding of the dynamics behind the Metro Denver real estate market.  Regardless of the price range though, every home transaction is unique and can result in vastly different results than what you might expect from the graphs, above.  Results of your own home sales will vary depending on the condition of your property, the location, and the marketing exposure by your real estate professional.

Statistical data sampled on December 12, 2011.  Data provided by Metrolist.

 

(303) 514-4000
What Our Clients Say

Copyright © 2011, Michael Dagner and and www.DenverHomesOnline.com. All rights reserved.

Michael Dagner

Call me today, and let's talk about your plans (303) 514-4000!