November 2013 Sales Statistics for Metro Denver

The Denver MLS has gone through a major change, in that it has a completely new operating system call The Matrix. The Matrix offers us the ability to share the keys with our clients to the same system we use for searching properties. While the system is so comprehensive it is still struggling to grasp all the historical data from the old system. During this transition, the market data that we share on a monthly basis is harder to get our hands on. Beginning in January they should be completely transitioned and operating at full speed.

November_sales

Here is your November Housing Data:

*Residential Highlights:

  • 23% increase in the number of closed sales year to date
  • 22% decrease in average days on market (48 days in November)
  • 54% decrease in # of active listings
  • 51% decrease in months of inventory available (2 months in November)
  • 9% increase in average price – sold ($333,992)

Attached Single Family (Condo and Townhome) Highlights:

  • 11% increase in number of closed sales year-over-year
  • 10% increase in number of closed sales year to date
  • 25% decrease in average days on market (43 days in November)
  • 56% decrease in # of active listings
  • 61% decrease in months of inventory available (2 months in November)

5% increase in average price – sold ($204,044 in November)

*data gathered with help from Land Title

 

The Walters Investment Group wishes you a great day!

Please call/email/text anytime 303-908-2330/303-907-1984

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