The Home Hunter Blog - TheHomeHunterBlog.com

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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Saturday, June 07, 2008

Denver Metro Cities

Market Trend Analysis - Denver Metro Selected Towns/Cities
Based on information from Metrolist, Inc. for period May 2, 2008 to June 2, 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              549           1,364           113.7              4.8              0.4  Seller's Market               207  Seller's Trend  82%
Aurora           2,184           4,787           398.9              5.5             (0.1)  Seller's Market               918  Seller's Trend  130%
Boulder              159              286             23.8              6.7              1.1  Buyer's Market                37  Seller's Trend  55%
Broomfield              366              801             66.8              5.5              0.0  Seller's Market               114  Seller's Trend  71%
Castle Rock           1,147           1,332           111.0             10.3              0.5  Buyer's Market               166  Seller's Trend  50%
Centennial              538           1,297           108.1              5.0              0.1  Seller's Market               196  Seller's Trend  81%
Commerce City              487              782             65.2              7.5  NPD   Buyer's Market               178  Seller's Trend  173%
Denver           4,732           8,971           747.6              6.3             (0.3)  Neutral Market            1,859  Seller's Trend  149%
Erie              201              320             26.7              7.5              0.1  Buyer's Market                49  Seller's Trend  84%
Golden              526              679             56.6              9.3              1.0  Buyer's Market                82  Seller's Trend  45%
Greenwood Village              147              141             11.8             12.5              1.2  Buyer's Market                20  Seller's Trend  70%
Highlands Ranch              503           1,128             94.0              5.4             (0.8)  Seller's Market               263  Seller's Trend  180%
Lafayette              115              163             13.6              8.5              2.1  Buyer's Market                27  Seller's Trend  99%
Lakewood              605           1,322           110.2              5.5              0.6  Seller's Market               180  Seller's Trend  63%
Littleton           1,017           2,608           217.3              4.7              0.6  Seller's Market               305  Seller's Trend  40%
Louisville               25              104              8.7              2.9              0.0  Seller's Market                21  Seller's Trend  142%
Northglenn              146              409             34.1              4.3             (1.0)  Seller's Market                82  Seller's Trend  141%
Parker              928           1,528           127.3              7.3              0.4  Buyer's Market               234  Seller's Trend  84%
Superior               42              122             10.2              4.1             (0.7)  Seller's Market                16  Seller's Trend  57%
Thornton              670           1,714           142.8              4.7             (0.5)  Seller's Market               332  Seller's Trend  132%
Westminster              574           1,253           104.4              5.5             (0.4)  Seller's Market               221  Seller's Trend  112%
Wheat Ridge              136              297             24.8              5.5             (0.1)  Seller's Market                56  Seller's Trend  126%
Total of Selected Towns & Locales        15,797        31,408       2,617.3              6.0              0.0  Neutral Market           5,563  Seller's Trend  113%
Total MetroList*         20,287         37,740        3,145.0              6.5             (0.0)  Neutral Market            5,116  Seller's Trend  63%
* Single Family Residences Only          
Chg from Prior Month            (717)               23                2               (0)    Seller's Trend          (1,183)  Buyer's Trend   
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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Denver Market by Price Point



 
Market Trend Analysis - Denver Metro Selected Towns/Cities
Based on information from Metrolist, Inc. for period May 2, 2008, until June 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
Price Range Active % of Market Sold in Past 12 Months Sold Per Month Months of Inventory Current Activity Status  Curr Month Under Contract  Near Term Sales Trend
 $                  -    $        100,000                   993 4.69%                3,096                   258                    3.8  Seller's Market                    928 Seller's Trend
 $        100,001  $        200,000                4,250 20.05%              11,010                   918                    4.6  Seller's Market                 2,078 Seller's Trend
 $        200,001  $        300,000                4,848 22.87%              11,254                   938                    5.2  Seller's Market                 1,666 Seller's Trend
 $        300,001  $        400,000                3,300 15.57%                5,758                   480                    6.9  Buyer's Market                    791 Seller's Trend
 $        400,001  $        500,000                2,132 10.06%                2,634                   220                    9.7  Buyer's Market                    396 Seller's Trend
 $        500,001  $        600,000                1,320 6.23%                1,409                   117                  11.2  Buyer's Market                    246 Seller's Trend
 $        600,001  $        700,000                   959 4.52%                   776                     65                  14.8  Buyer's Market                    126 Seller's Trend
 $        700,001  $        800,000                   737 3.48%                   480                     40                  18.4  Buyer's Market                      80 Seller's Trend
 $        800,001  $        900,000                   507 2.39%                   359                     30                  16.9  Buyer's Market                      37 Seller's Trend
 $        900,001  $     1,000,000                   392 1.85%                   198                     17                  23.8  Buyer's Market                      41 Seller's Trend
 $     1,000,001  No Upper Boundary                 1,757 8.29%                   680                     57                  31.0  Buyer's Market                    146 Seller's Trend
Total              21,195 100.00%              37,654                3,138                    6.8  Buyer's Market                 6,535 Seller's Trend
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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The Daily Dirt - Real Estate News Update from Michael Clarkson

RE/MAX Alliance
 
Dining Area
Issue 08-05.14 May 2008
Dear Readers,

SPECIAL ALERT!!!
 
Michael will be a guest on the The Real Estate Expert with Bill Bronchick Show today, June 7, 2008, from 4-5 PM talking about the local market conditions on 630 KHOW, Denver. 

Listen Live at www.KHOW.com from anywhere around the world!
See the data for the Denver market at MileHighMLS.com.
 
As always, whenever YOU are ready, I am here Bringing The World Home To You™
 
And, if you know of someone that is looking to buy or sell, I am NEVER too busy for any of your referrals.
 
Kind regards and happy "Home Hunting", 
 

Michael Clarkson
RE/MAX Alliance
303.403.2641
 
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Michael Clarkson
Michael Clarkson
Realtor® GRI
RE/MAX Alliance
9737 Wadsworth Parkway
303.403.2641
www.MileHighHomeHunter.com
MJ@MileHighHomeHunter.com
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