The Berkshire Group
Selling Residential Real Estate in Metropolitan Denver
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The average price continues to remain low because 50% of the sales are under $300,000
The lowest inventory in 20 years will make it difficult for buyers as we approach the spring market.
Sales exceeded 2010 starting in June, and eclipsed the 2009 sales in December, indicating a slightly improving market.
The average days on market will decline as we approach spring and the lack of low priced inventory shows its effect.
Expect to see average single family sold prices exceeding $300K by June.
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Colorado Real Estate License EC40043328
3801 E. Florida Ave., Suite 400, Denver, CO 80210