Denver Real Estate Trends | Denver Real Estate and Relocation

Metro Denver Real Estate Market Report ~ July 2011

Denver Real Estate Market Statistics

Our company is using Band Charts to graph Denver Real Estate Market Activity. These charts provide a wealth of information for both buyers and sellers in the Metro Denver Real Estate Market.

Number of Sold Properties in each MLS region
Number of Active Listings
Number of weeks of inventory
Average Sold Price
Average Days on Market (DOM)

Note the color coded band that indicates what type of market each area is typically considered to be in. High inventory means an extreme BUYER’s market. A low inventory of homes available for sale indicates an Extreme Seller’s Market.

Northeast Region ~ Metro Denver Real Estate Trends

The Northeast Region encompasses Aurora North, Brighton/Fort Lupton, Denver Northeast, East Suburban North, N Northeast Suburban, North Suburban Central and North /Suburban East, we are in a “normal Seller’s Market” with the exception of the N Northeast Suburban area, which is in a balanced or flat depreciation market.

Southeast Region of Metro Denver

This bandmap covers Aurora South, Denver Southeast, Douglas/Elbert/Parker, Douglas/Highlands Ranch/Lone Tree, East Suburban South, South Suburban Central, South Suburban East.

The entire Southeast Region of Metro Denver is indicated to be in a “normal Seller’s Market with Moderate to High Appreciation. There is only 13-24 weeks of inventory.

Southwest Region of Metro Denver

The bandmap of Southwest Metro Denver encompasses both close -in suburbs, the foothills and Mountain communities of Denver Southwest, Douglas County West, Jefferson South, Jefferson South Central, Mountain Conifer Pine, Mtn Evergreen North, Mountain Evergreen South and Mountain Jeffco Central.

One can see the close-in suburbs are fairing much like their neighbors in Southeast Metro Denver. The area of Douglas County West is settled into a “Normal Buyer’s Market” while the mountain communities have an excess of inventory, with high Days on the Market. It appears many homes in these areas need to have a market adjustment in order to sell.

Real Estate Trends in Southwest Metro Denver July 2011

Northwest Region of Metro Denver

This large quadrant covers the communities in Broomfield, Denver Northwest, Downtown Denver, Jefferson Central, Jefferson North, Jefferson North Central, Jefferson West/Golden, Lafayette, Louisville, Mountain Jefferson North, N Northwest Suburban, North Suburban West and Superior.

Note: Once in this area the one Mountain area of Jefferson North is experiencing high inventory and days on market. Broomfield and Lafayette are indicating a balanced market with the remaining areas in a Normal Seller’s Market.

Questions about your neighborhood? Need more specific data on your home for either purchase or to sell? Feel free to call for more in depth reporting. Kristal Kraft 720-279-4599 I welcome your call.

Based on information from Metrolist, Inc. for the period of July 2011. NOTE: this representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.

About the Author

Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog