Neighborhoods in this Northeast Suburban Area of the Denver Region include, (but are not limited to):
Northeast Suburban Denver continues to offer the lowest average home price of all the Metro areas. Here one can find a new or newer home in the mid-$200's. Still inventory is diminishing with some of the lowest average "weeks of inventory" in the area.
Weeks of Inventory is just a gauge of how long it would take to sell the existing number of homes based on the numbers of homes for sale at the current time. It does not take into account new homes that come on the market. As a gauge of the market we can tell how competitive it is for sellers and how long it will take for them to receive and offer on their home. Right now Sellers have the upper hand. It is a strong sellers 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 303-589-2022 I welcome your call.
Based on information from Metrolist, Inc. for the period of May 2014. 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.