How's The Market

GREATER METROPOLITAN DENVER MARKET UPDATE

JANUARY, 2012

Market Metrics:

Active Listings inventory continues to decline, 13% month over month and 40% year over year. Under Contract activity and Closed transactions activity remained seasonal with a continual decline month over month. The New Year starts with renewed hope that 2012 will be better than 2011. Wishing you and yours a Happy and Prosperous New Year.

 Monthly Market Recap:

Single Family:	2011
Active Inventory	8,854
Sold Units	5,521
Median Sold Price	$230,000
Average Sold Price	$275,610
Average Days on Market	107
Condos:	2011
Active Inventory	2,139
Sold Units	625
Median Sold Price	$120.700
Average Sold Price	$166,420
Average Days on Market	106

 November Year-to-Date Market Recap (2011 versus 2010):

Single Family:	2011	2010	Difference
Active Inventory	8,854	13,941	(â36%)
Sold Units	31,437	30,777	(â2%)
Median Price	$230,000	$235,000	(â2%)
Average Price	$279,858	$282,080	(â1%)
Sales Volume	$8.8B	$8.7B	(â1%)
Days on Market	105	90	(â17%)
Condos:	2011	2010	Difference
Active Inventory	2,139	4,316	(â50%)
Sold Units	7,950	8,041	(â1%)
Median Price	$124,900	$136,000	(â8%)
Average Price	$159,141	$161,005	(â1%)
Sales Volume	$1.2B	$1.3B	(â2%)
Days on Market	116	98	(â18%)

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