Super Joe Hubert Is Back With a Denver Market Update for February, 2012

Super Joe Hubert

Super Joe Hubert

Hi Tom,

February – 2012 Real Estate Market Update
Entire MLS (All Areas)

Residential Highlights

  • 13.7% Increase in closed sales year over year
  • 45.5% Decrease in Absorption Rate (4.2 months)
  • 39.7% Decrease in active listings year over year (8,202)
  • 2.1%    Increase in average sold price ($270,821)

Condo/Townhome Highlights

  • 11.6%  Increase in closed sales year over year
  • 49.5%  Decrease in inventory year over year (2,004)
  • 3.5%    Increase in average sold price ($161,143)
  • 21.7% Decrease in average days on market (101)

Click here for Full report of entire MLS

“Thanks again Joe, and a big thank you to Land Title too!  I am able to confirm this rapid change in our market.  Multiple offers, showing traffic increases and page views on my web site are all substantially up over 2011. If you have been holding off on a buy or sell decision, now is the time to pick up the phone and call me…tc”

 

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About Tom & Dee Cryer

Your Friends in the Homeownership Business!
This entry was posted in Buying or Selling Real Estate, Denver, Denver Housing, Denver Residential Real Estate and tagged , , , , , , , . Bookmark the permalink.

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