Michael Clarkson is one of Denver's highest profile brokers. He’s been featured in Realtor® Magazine three separate times, Denver Post, Denver Business Journal, KOA Radio, KHOW Radio, and the Colorado Radio Network. Michael is a licensed Managing Broker in Colorado and a GRI (Graduate Realtor® Institute). He is also a partner in the firm, Cash Path Real Estate LLC. Michael has an MBA in International Business from Regis University in Denver.

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Thursday, August 07, 2008

Denver Market Date - By City/Locale - July 2008

Market Trend Analysis - Denver Metro Selected Towns/Cities

Based on information from MetroList, Inc. for period July 10, 2008 to August 7, 2008.

Single Family Residences - All Price Levels

Excludes Housing Not Listed in MetroList

Note: Six (5.5 to 6.5) Months of Inventory Tends to Indicate Neutral Market, Over 6.5 Months a Buyer's Market, Under 5.5 Months a Seller's Market

6

Locale

Active Listings

12 Months Sold

 Sold per Month (Avg)

 Months  Inventory (MOI)

MOI Chg from Prior Month

Current Mkt State

Under Contract

Sales Trend

Sales Trend Chg.%

Arvada

             555

          1,349

          112.4

             4.9

           (0.02)

 Seller's Market

             191

 Seller's Trend

70%

Aurora

          2,067

          4,918

          409.8

             5.0

           (0.15)

 Seller's Market

             802

 Seller's Trend

96%

Boulder

             171

             272

            22.7

             7.5

            0.40

 Buyer's Market

              26

 Seller's Trend

15%

Broomfield

             345

             747

            62.3

             5.5

            0.00

 Neutral Market

             103

 Seller's Trend

65%

Castle Rock

          1,112

          1,230

          102.5

            10.8

            0.00

 Buyer's Market

             150

 Seller's Trend

46%

Centennial

             548

          1,259

          104.9

             5.2

            0.24

 Seller's Market

             182

 Seller's Trend

73%

Commerce City

             435

             844

            70.3

             6.2

           (0.46)

 Neutral Market

             179

 Seller's Trend

155%

Denver

          4,454

          9,216

          768.0

             5.8

           (0.15)

 Neutral Market

          1,591

 Seller's Trend

107%

Erie

             168

             321

            26.8

             6.3

           (0.14)

 Neutral Market

              38

 Seller's Trend

42%

Golden

             552

             623

            51.9

            10.6

            0.42

 Buyer's Market

              78

 Seller's Trend

50%

Greenwood Village

             141

             132

            11.0

            12.8

            0.04

 Buyer's Market

              21

 Seller's Trend

91%

Highlands Ranch

             504

          1,283

          106.9

             4.7

           (0.09)

 Seller's Market

             196

 Seller's Trend

83%

Lafayette

              98

             159

            13.3

             7.4

           (0.83)

 Buyer's Market

              28

 Seller's Trend

111%

Lakewood

             564

          1,272

          106.0

             5.3

           (0.08)

 Seller's Market

             198

 Seller's Trend

87%

Littleton

             988

          2,341

          195.1

             5.1

            0.11

 Seller's Market

             240

 Seller's Trend

23%

Louisville

              32

             104

             8.7

             3.7

           (0.08)

 Seller's Market

              14

 Seller's Trend

62%

Northglenn

             137

             424

            35.3

             3.9

           (0.41)

 Seller's Market

              94

 Seller's Trend

166%

Parker

             931

          1,040

            86.7

            10.7

            3.29

 Buyer's Market

             221

 Seller's Trend

155%

Superior

              36

             107

             8.9

             4.0

           (0.98)

 Seller's Market

              15

 Seller's Trend

68%

Thornton

             578

          1,771

          147.6

             3.9

           (0.22)

 Seller's Market

             304

 Seller's Trend

106%

Westminster

             523

          1,272

          106.0

             4.9

           (0.31)

 Seller's Market

             165

 Seller's Trend

56%

Wheat Ridge

             131

             297

            24.8

             5.3

            0.18

 Seller's Market

              54

 Seller's Trend

118%

Total of Selected Towns & Locales

       15,070

       30,981

      2,581.8

             5.8

           (0.02)

 Neutral Market

         4,890

 Seller's Trend

89%

Total MetroList*

        19,788

 xx

       4,154.0

             4.8

           (0.46)

 Seller's Market

          4,764

 Seller's Trend

15%

* Single Family Residences Only

 

 

 

 

 

http://www.MileHighHomeHunter.com

http://www.MileHighForeclosure.com

http://www.HomesInColorado.com/mclarkson

http://www.MileHighMLS.com

http://www.CashPathRealEstate.com

Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.

 

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