1st quarter 2010 denver metro residential real estate market trends
DESCRIPTION
Land Title Guarantee Company recently compiled 1st Quarter 2010 market data for Denver, Colorado\'s Residential Real Estate Market. Here it is.TRANSCRIPT
March 2010 - Real Estate Market Statistics
Denver Southeast - DSE
Closed Residential
Category
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350
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 164 16.5%191
#Of Closed Sales - YTD 397 10.6%439
Avg. Days On Market 132 -25.8%98
# Of Active Listings 1,465 -5.9%1,378
# Of NEW Listings 768 11.6%857
Absorption Rate (in months) 8.3 -21.8%6.5
Average Price (Sold) 428,805 -5.6%404,714
Closed Condo
Category
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250
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 117 21.4%142
#Of Closed Sales - YTD 327 4.6%342
Avg. Days On Market 116 -6.9%108
# Of Active Listings 1,145 9.0%1,248
# Of NEW Listings 488 19.3%582
Absorption Rate (in months) 9. -6.2%8.5
Average Price (Sold) 162,536 15.7%188,015
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
South Suburban Central - SSC
Closed Residential
Category
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140
160
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 77 49.4%115
#Of Closed Sales - YTD 190 33.7%254
Avg. Days On Market 94 -11.7%83
# Of Active Listings 540 -1.5%532
# Of NEW Listings 288 18.8%342
Absorption Rate (in months) 6.6 -33.2%4.4
Average Price (Sold) 307,761 1.6%312,793
Closed Condo
Category
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10
20
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50
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 24 87.5%45
#Of Closed Sales - YTD 67 20.9%81
Avg. Days On Market 50 52.0%76
# Of Active Listings 168 6.5%179
# Of NEW Listings 81 38.3%112
Absorption Rate (in months) 6.5 -42.2%3.7
Average Price (Sold) 166,731 4.6%174,465
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
South Suburban East - SSE
Closed Residential
Category
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140
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 74 28.4%95
#Of Closed Sales - YTD 193 15.5%223
Avg. Days On Market 133 -25.6%99
# Of Active Listings 733 -8.7%669
# Of NEW Listings 346 -5.8%326
Absorption Rate (in months) 9. -28.8%6.4
Average Price (Sold) 450,887 7.0%482,597
Closed Condo
Category
0
10
20
30
40
50
60
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 25 72.0%43
#Of Closed Sales - YTD 71 33.8%95
Avg. Days On Market 82 31.7%108
# Of Active Listings 248 13.3%281
# Of NEW Listings 94 42.6%134
Absorption Rate (in months) 9.4 -33.2%6.3
Average Price (Sold) 206,034 -10.8%183,700
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
Aurora South - AUS
Closed Residential
Category
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100
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300
350
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 255 -9.4%231
#Of Closed Sales - YTD 641 -18.4%523
Avg. Days On Market 88 -21.6%69
# Of Active Listings 782 14.3%894
# Of NEW Listings 408 59.8%652
Absorption Rate (in months) 3.2 16.3%3.7
Average Price (Sold) 180,556 14.2%206,237
Closed Condo
Category
0
20
40
60
80
100
120
140
160
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 106 27.4%135
#Of Closed Sales - YTD 263 7.2%282
Avg. Days On Market 101 -34.7%66
# Of Active Listings 444 9.2%485
# Of NEW Listings 190 54.2%293
Absorption Rate (in months) 4.3 -17.7%3.6
Average Price (Sold) 91,125 4.6%95,278
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
Douglas Highlands Ranch Lone Tree - DHLIncludes - Highlands Ranch, Lone Tree
Closed Residential
Category
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50
100
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200
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 121 13.2%137
#Of Closed Sales - YTD 231 31.6%304
Avg. Days On Market 94 8.5%102
# Of Active Listings 667 0.0%667
# Of NEW Listings 418 1.7%425
Absorption Rate (in months) 5. -11.2%4.5
Average Price (Sold) 349,459 1.2%353,646
Closed Condo
Category
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5
10
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35
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 13 23.1%16
#Of Closed Sales - YTD 40 22.5%49
Avg. Days On Market 174 -30.5%121
# Of Active Listings 120 21.7%146
# Of NEW Listings 40 95.0%78
Absorption Rate (in months) 9.2 -3.2%8.9
Average Price (Sold) 225,842 -4.8%214,948
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
Douglas County West - DCWIncludes - Castle Rock, Larkspur, Sedalia, Palmer Lake, part of Littleton
Closed Residential
Category
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50
100
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200
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 106 22.6%130
#Of Closed Sales - YTD 229 33.2%305
Avg. Days On Market 175 -29.7%123
# Of Active Listings 1,399 -18.2%1,145
# Of NEW Listings 480 -6.3%450
Absorption Rate (in months) 12.5 -34.1%8.3
Average Price (Sold) 491,779 -19.3%397,106
Closed Condo
Category
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30
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 15 13.3%17
#Of Closed Sales - YTD 33 18.2%39
Avg. Days On Market 116 7.8%125
# Of Active Listings 123 -17.9%101
# Of NEW Listings 41 -24.4%31
Absorption Rate (in months) 7.5 -17.2%6.2
Average Price (Sold) 156,310 5.2%164,426
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company
March 2010 - Real Estate Market Statistics
Douglas Elbert Parker - DEPIncludes - Parker, Elizabeth, Franktown, Kiowa, Elbert, Deer Trail, Simla
Closed Residential
Category
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50
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Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 106 35.8%144
#Of Closed Sales - YTD 279 12.9%315
Avg. Days On Market 137 -27.7%99
# Of Active Listings 1,093 -4.5%1,044
# Of NEW Listings 412 17.5%484
Absorption Rate (in months) 9.8 -30.9%6.8
Average Price (Sold) 339,063 -5.7%319,767
Closed Condo
Category
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5
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35
Jan Feb M ar Apr M ay Jun Jul Aug Sep Oct Nov Dec
2009 2010Mar-09 Mar-10 % Change
#Of Closed Sales - Month 16 31.3%21
#Of Closed Sales - YTD 43 30.2%56
Avg. Days On Market 72 -1.4%71
# Of Active Listings 128 -11.7%113
# Of NEW Listings 46 15.2%53
Absorption Rate (in months) 7.3 -33.7%4.8
Average Price (Sold) 146,846 -18.4%119,881
Based on Information from Metrolist, Inc. for the period Jan 2007 through present.Note: This representation is based in whole or in part on data supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way resposible for its accuracy. Data maintained by metrolist, Inc. may not reflect all real estate activity in the market.
http://www.ltgc.com
Land Title Guarantee Company