Jul 12, 2012

The two price graphs below, show that a majority of Denver-area home and condo sales are happening in the $150,000 to $250,000 price ranges.

Even though the Denver real estate market is growing, there's not much of an obvious difference from month to month.  If you've noticed these two charts in previous monthly reports, they haven't changed much.  Surprise!!  I've added some small gray dots to this months' chart.  Look closely.  The dots show where the price levels were just 6-9 months ago.  Now the changes are much more noticeable.

Our lowest price ranges are experiencing slower sales, because of fewer homes available in that price range.  More properties are selling in the higher price ranges, because many sellers of these lower priced homes are finally moving-up, and new buyers are realizing they'd better get invested now. 

Stay tuned, and we'll keep an eye on how the Denver real estate market is improving, month by month. 

SINGLE-FAMILY SALES BY PRICE - metro denver

CONDO, TOWNHOME, LOFT SALES BY PRICE - metro denver

 

 

 

 

If you plan to buy or sell a home yet this year, these graphs will be helpful. Just know that every home sale can result in vastly different results than what these graphs depict. Home sales vary by the condition of the property, the location, and the marketing exposure by the real estate professional.

Statistical data sampled on July 12, 2012. Data provided by Metrolist. Image Attributions: None.

Michael Dagner is an expert in Denver-Area home sales.
Call today, (303) 514-4000, for help with your home sale or purchase.

 

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