Warning: Creating default object from empty value in /home4/vickieh/public_html/wp-content/themes/canvas/functions/admin-hooks.php on line 160

R.E. Market Snapshot

% Change vs
AUG 2010 Prior Month Year Ago
Single Family (Res + Cond)
Active 23,146 -1.30 14.44
Pending 469 -2.90 -
Under Contract 3,966 4.15 -24.43
Sold 3,079 -5.52 -21.15
Avg DOM 95 11.98 0.34
Avg Sold Price $268,767 -0.35 7.07
Residential
Active 17,837 -0.81 16.57
Pending 381 -0.52 -
Under Contract 3,189 4.56 -22.33
Sold 2,474 -6.00 -19.31
Avg DOM 94 11.90 0.00
Avg Sold Price $295,516 -0.57 7.86
Condominium
Active 5,309 -2.89 7.84
Pending 88 -12.00 -
Under Contract 777 2.51 -31.96
Sold 605 -3.51 -27.89
Avg DOM 100 7.53 2.04
Avg Sold Price $159,382 3.35 -4.61

© 1998-2010 Metrolist, Inc. All rights reserved

The above chart shows that the amount of listings is currently 14% higher than this time last year….The amount of properties sold is down 21% from last year.  That means more inventory and fewer sales.  Good news for buyers but bad news for sellers.

If you decide to sell your home, it will have to win the beauty contest (it has to be in the best condition and staged nicely) and win the pricing contest.

Call me to request your free report on how to get top dollar for your home in the shortest amount of time.  303-944-1153 or email me at blog@dreamscanhappen.com.

About Vickie Hall

Vickie Hall is an experienced Realtor and real estate investor based in Centennial Colorado. She's firmly committed to community service, and is the creator and administrator of 365 Things to Do around the Centennial & Denver area. and @CentennialBuzz. For more real estate information, read articles on her blog. Vickie is a RE/MAX agent and can be reached at Vickie@DreamsCanHappen.com

, , , , , , , , ,

No comments yet.

Leave a Reply