Download as pdf or txt
Download as pdf or txt
You are on page 1of 11

METROPOLITAN DENVER REAL ESTATE STATISTICS

AS OF JANUARY 31, 2012


Based
On Properties
Under Contract
This Month
Last Month
Percentage Change

Based
On Properties
Closed

3,486
2,832
23.1%

2,470
3,156
21.7%

This Month, Last Year


Percentage Change,
+
Compared To This Year

3,147
10.8%

2,156
14.6%

Year to Date, This Year


Year to Date, Last Year
Percentage Change
+

3,486
3,147
10.8%

2,470
2,156
14.6%

This report summarizes the sales of


residential real estate units during the
reported-on period. Please note:
1) The reported units have been
adjusted for the calendar month
(as defined by MLS cut-off dates each
month) in order to put such periods on
a comparable basis.
2) Under Contract units reflect
those properties reported as "under
contract" during the period - i.e., a
binding contract was executed
between buyer and seller.
3) Closed units reflect the passing
of title. The close date generally lags
30-90 days behind the under contract
date and is often distorted by many
outside factors unrelated to the extent
of real estate activity.

UNSOLD HOMES ON THE MARKET:


This Month
This Month, Last Year
Percentage Change
This Month
Last Month
Percentage Change

10,443
17,890
41.6%

10,443
10,993
5.0%

WEEKLY SALES RATE:


This Month
This Month, Last Year

This representation is based in whole or in part


on data supplied by Metrolist, Inc. Neither the
member Boards of Realtors nor their MLS
guarantees or is in any way responsible for its
accuracy. Data maintained by the Boards or
their MLS may not reflect all real estate activity
in the market.

7.71%
4.06%

AVERAGE PRICE OF PROPERTIES CLOSED:


This Month
Last Month
This Month, Last Year
Year to Date Average, This Year
Year to Date Average, Last Year

Residential
$248,037
$253,986
$252,308
$248,037
$252,308

Condos
$146,544
$166,420
$150,085
$146,544
$150,085

Single
Family
$272,328
$275,610
$277,922
$272,328
$277,922

Condos
$113,000
$120,700
$124,995
$113,000
$124,995

Single
Family
$218,855
$230,000
$225,000
$218,855
$225,000

MEDIAN PRICE OF PROPERTIES CLOSED:


This Month
Last Month
This Month, Last Year
Year to Date Median, This Year
Year to Date Median, Last Year

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

METROPOLITAN DENVER REAL ESTATE STATISTICS


AS OF JANUARY 31, 2012

Snapshot
Jan, '12

Prior
Month

Year Ago

Prior
Month

Year Ago

Residential (Single Family + Condo)

Active
Under Contract
Sold
Avg DOM
Avg Sold Price

10,443
10,993
17,890
3,486
2,832
3,147
2,470
3,156
2,156
104
107
121
$248,037 $253,986 $252,308

-5.00%
23.09%
-21.74%
-2.80%
-2.34%

-41.63%
10.77%
14.56%
-14.05%
-1.69%

8,356
8,854
13,714
2,838
2,253
2,514
1,993
2,531
1,724
103
107
120
$218,855 $230,000 $225,000
$272,328 $275,610 $277,922

-5.62%
25.97%
-21.26%
-3.74%
-4.85%
-1.19%

-39.07%
12.89%
15.60%
-14.17%
-2.73%
-2.01%

2,087
2
087
2 139
2,139
4 176
4,176
648
579
633
477
625
432
108
106
123
$113,000 $120,700 $124,995
$146,544 $166,420 $150,085

-2.43%
2 43%
11.92%
-23.68%
1.89%
-6.38%
-11.94%

-50.02%
50 02%
2.37%
10.42%
-12.20%
-9.60%
-2.36%

Single Family

Active
Under Contract
Sold
Avg DOM
Median Sold Price
Avg Sold Price

Condo

Active
Under Contract
Sold
Avg DOM
Median Sold Price
Avg Sold Price

Footnotes: Active, Under Contract, and Sold presented as # of units.


Avg DOM = Average Days on Market
This representation may or may not reflect all real estate activity in the market.
Source: Metrolist, Inc.

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

Greater Metropolitan Denver Real Estate Statistics


Rolling Three Month Information
SINGLE FAMILY
Month

NOV
DEC
JAN

# Active

10,213
8,854
8,356

# Sold

2,468
2,531
1,993

Average
Sold
Price

Median
Sold
Price

$275,951 $230,300
$275,610 $230,000
$272,328 $218,855

YTD
#
Sold

YTD
Average
Sold
Price

YTD
Median
Sold
Price

28,906
31,437
1,993

$280,230
$279,858
$272,328

$229,900
$230,000
$218,855

YTD
#
Sold

YTD
Average
Sold
Price

YTD
Median
Sold
Price

$158,520
$159,141
$
$146,544

$125,000
$124,900
$
$113,000

CONDOMINIUMS AND TOWNHOUSES


Month

NOV
DEC
JAN

# Active

2,421
2,139
2,087

# Sold

600
625
477

Average
Sold
Price

Median
Sold
Price

$153,526 $125,000
$166,420 $120,700
$
$146,544 $
$113,000

7,325
7,950
477

Source: Metrolist, Inc.


The above representation may or may not reflect all real estate activity in the market.

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

GreaterMetropolitanDenverRealEstateStatistics
MonthlyUnderContractUnits

3,486
3

3,844
3,068
3
776

3,3
365

3,847

2,838

2,832
2,253

2,736

2,88
87
684

3,075
3

3,552

3,386
953
2,9
2,514

2,000

740
7

3,000

772

4,761
3,828
933

4,537

4,777
3,858
919

3,147

4,000

3,571

3,693

4,250

4,749
8
3,878

5,000

871

6,000
,

64
48

579
9

62
29

985

864

63
33

1,000

0
Jan,'11

Feb,'11 Mar,'11 Apr,'11 May,'11 Jun,'11


Residential

Jul,'11

Aug,'11 Sep,'11 Oct,'11 Nov,'11 Dec,'11 Jan,'12

SingleFamily

Condo

8,356

10,000

8,854

12,000

10,213

11,504

12,613

14,014

14,215

13,958

13,874

13,712

13,436

14,000

13,393

16,000

13,714

GreaterMetropolitanDenverRealEstateStatistics
SingleFamilyResidential

8,000
6,000
4,000
2,000

Jan,'11 Feb,'11 Mar,'11 Apr,'11 May,'11 Jun,'11


Active

Pending

Jul,'11 Aug,'11 Sep,'11 Oct,'11 Nov,'11 Dec,'11 Jan,'12


UnderContract

Sold

10,443

12,000

10,993

14,000

12,634

14,156

16,000

15,533

17,583

18,026

17,888

17,847

17,707

16,631

18,000

17,358

20,000

17,890

GreaterMetropolitanDenverRealEstateStatistics
Residential

10,000
8,000
8,000
6,000
4,000
2,000

Jan,'11 Feb,'11 Mar,'11 Apr,'11 May, Jun,'11 Jul,'11 Aug,'11 Sep,'11 Oct,'11 Nov,'11 Dec,'11 Jan,'12
'11
Active

Pending

UnderContract

Sold

GreaterMetropolitanDenverRealEstateStatistics
MonthEndInventoryofUnsoldHomes

Jun,'11

Jul,'11

Oct,'11

Nov,'11

10,443
1
8,356
2,087
7

3,569

May,'11

2,139
9

3,811

Apr,'11

2,421

3,930

Mar,'11

2,652

3,973

Feb,'11

2,920
2

3,995

Jan,'11

4,000

3,195

3,965

6,000

4,176

8,000

8,854
8

10,993

12,634
10,213

10,000

11,504

12
2,613

13,436

14,215

13,958

13,874

13,712

13,393

12,000

13,714

14,000

14,014

16,000

1
14,156

15,533

16,631

18,026
1

17,888

17
7,847

17
7,707

17,,583

18,000

17,3
358

20,000

17,890

22,000

Dec,'11

Jan,'12

2,000
Residential

SingleFamily

Aug,'11
Condo

Sep,'11

GreaterMetropolitanDenverRealEstateStatistics
Monthly Median Sales Price
MonthlyMedianSalesPrice

$218,855

$230,000

$230,300

$226,021

$229,804

$235,000
0

$237,00
00

$240,0
000

$225,000

$222,000

$200 000
$200,000

$
$220,000

$225,000

$225,000

$230,000

$250,000

SingleFamily

$175,000

C d
Condos

$113,000
0

$120
0,700

$125,000

$125,000

$128,950
$

$12
23,150

$1
125,525

$12
23,525

$121
1,200

$120,,000

$100,000

$124,780

$124,995

$125,000

$130,000

$150,000

Jan,'11 Feb,'11 Mar,'11 Apr,'11 May,'11 Jun,'11 Jul,'11 Aug,'11 Sep,'11 Oct,'11 Nov,'11 Dec,'11 Jan,'12

2,087

2,139

2,500

2,421

2,652

3,000

2,920

3,195

3,500

3,569

3,811

4,000

3,930

3,973

3,995

3,965

4,176

4,500

GreaterMetropolitanDenverRealEstate
Condo

2,000
1,500
1,000
500

Jan,'11 Feb,'11 Mar,'11 Apr,'11 May,'11 Jun,'11 Jul,'11 Aug,'11 Sep,'11 Oct,'11 Nov,'11 Dec,'11 Jan,'12
Active

Pending

UnderContract

Sold

3,156

2,470

Residential

2,531

SingleFamily
1,993

2,468

2,482

1,770

1,724

2,000

1,500

3,068

3,183

3,337

3,973
7
3,177

3,082

295
3,2

2,610

2,735

2,527

2,229

2,500

2,156

3 000
3,000

3,036

3,500

3,429

3,209

4,000
,

3,732

4,080

4,500

3,835

GreaterMetropolitanDenverRealEstateStatistics
MonthlyClosedUnits

Oct,'11

Nov,'11

Dec,'11

477

Sep,'11

625

Aug,'11

600

Jul,'11

701

Jun,'11

727

May,'11

796

Apr,'11

753

Mar,'11

785

Feb,'11

696

459
4

Jan,'11

694

432
4

500

682

1,000

Jan,'12

Condo

$150,000

$125,000

Jan, '11 Feb,


'11

Month

Mar, Apr, '11 May, Jun, '11 Jul, '11 Aug,


'11
'11
'11
Sep, Oct, '11 Nov,
'11
'11

$146,544

$100,000
$166,420

6
$153,526

$160,723

80
$159,98

$168,050

$153,058
8

$158,46
63

$272,328

$275,610

$253,986

$248,037

$275,951

$269,503

$280,289

$284,065

$298,654

$292,230

$252,009

$245,546

$254,078

$260,821

$270,066

$266,493

$279,443

$271,969

$248,991

$257,177

$273,877

$265,277

$277,922

$249,644

$250,000

$160,05
51

$158,43
38

$159,85
54

$200,000
$242,704

$275,000

6
$155,656

$225,000
$252,307

$300,000

$150,085

Dollars

Greater Metropolitan Denver Real Estate Statistics


Monthly Average Sales Price

$175,000

Dec, Jan, '12


'11

Residential

Single Family

Condos

You might also like