Denver real estate is tanking

Crystal Ball for Denver Real Estate Market The Year to Date sold statistics are in. Last year at this time we (collectively, not just The Berkshire Group) sold 6,696 units. This year we have experienced a DRAMATIC decline in sales. ..we are at 6709 units.

Now let’s subtract, NO WAIT! This year’s number is LARGER than last year!

STOP the presses!

We are AHEAD of last year’s sales by 25 units! How could this be true? The media says the Denver real estate market is in the tank! Could the media be wrong?

You betcha they are wrong! The market may not be steaming at full speed ahead, but we are selling houses, lots of houses. The year to date volume is only off by .89%, hardly a significant number.

The future is not as bad as some would like us to think.

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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

Related posts:

  1. April 2008 Statistics for Denver Real Estate sales
  2. Denver Colorado Real Estate Statistics & Trends
  3. Denver Real Estate Outlook
  4. Denver real estate – 2009 January statistics show median price decline
  5. Denver Real Estate Talking Points

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4 Comments

  1. Posted August 7, 2007 at 10:20 pm | Permalink

    Looks like pretty good news to me!

  2. Posted August 8, 2007 at 7:07 pm | Permalink

    Way to go, Denver!!

  3. Posted August 9, 2007 at 6:22 am | Permalink

    But it’s more fun and exciting for the media to tell everyone that the sky is falling! The sky is falling!

  4. Posted August 9, 2007 at 8:56 pm | Permalink

    Thanks for your comments, I do agree; it is good news. Of course it could be a whole lot better, but it’s not all that bad. :)
    Such is life.

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  • Welcome to Denver Dwellings where I write about Denver real estate trends, where to live, eat, play and how to buy or sell a house in Colorado. This part of the world is where I call home, it is a place I love and I hope that joy shows through!