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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Monday, September 15, 2008

Market Trend Analysis - Denver Metro Selected Towns/Cities

Market Trend Analysis - Denver Metro Selected Towns/Cities

 

Based on information from Metrolist, Inc. for period August 7, 2008 to September 9, 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)

Current Mkt State

Under Contract

Arvada

522

1,339

111.6

4.7

Seller's Market

172

Aurora

1,922

4,952

412.7

4.7

Seller's Market

832

Boulder

154

260

21.7

7.1

Buyer's Market

30

Broomfield

340

732

61.0

5.6

Neutral Market

103

Castle Rock

1,108

1,199

99.9

11.1

Buyer's Market

146

Centennial

515

1,249

104.1

4.9

Seller's Market

163

Commerce City

378

882

73.5

5.1

Seller's Market

193

Denver

4,274

9,262

771.8

5.5

Neutral Market

1,598

Erie

166

313

26.1

6.4

Neutral Market

37

Golden

513

611

50.9

10.1

Buyer's Market

82

Greenwood Village

145

120

10.0

14.5

Buyer's Market

15

Highlands Ranch

484

1,325

110.4

4.4

Seller's Market

190

Lafayette

95

161

13.4

7.1

Buyer's Market

16

Lakewood

556

1,254

104.5

5.3

Seller's Market

192

Littleton

971

2,185

182.1

5.3

Seller's Market

235

Louisville

30

93

7.8

3.9

Seller's Market

8

Northglenn

128

443

36.9

3.5

Seller's Market

82

Parker

881

1,448

120.7

7.3

Buyer's Market

220

Superior

30

111

9.3

3.2

Seller's Market

9

Thornton

526

1,795

149.6

3.5

Seller's Market

312

Westminster

552

1,246

103.8

5.3

Seller's Market

173

Wheat Ridge

133

315

26.3

5.1

Seller's Market

41

       

Total of Selected Towns & Locales

14,423

31,295

2,607.9

5.5

Neutral Market

4,849

       

Total MetroList*

19,050

xx

3,581

5.3

Seller's Market

4,443

* Single Family Residences Only

  

  

       

http://www.MileHighHomeHunter.com

http://www.MileHighForeclosure.com

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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