March 2010 Real Estate Sold Analysis
All areas side-by-side(buyer/seller/even market)
Castle Rock & Douglas County West
Douglas County East, Elbert, Parker
Aurora South - Most of Arapahoe County – West of E-470
South Suburban Central (East Littleton, West Side of Centennial)
South Suburban East (East Side of Centennial, Some of Greenwood Village)
A Seller’s Market is <5.5 months of housing inventory
A Buyer’s Market is >6.5 months of housing inventory
A Even Market is between 5.5 – 6.5 months of housing inventory
This indicator above is called the Absorption Rate. Its the number of months it takes to sell the current inventory at the present rate of sales .
**Keep in mind that the right price, condition, location and amenities all come into play when selling/buying a home.
Information is deemed reliable, but not guaranteed. Let me know is you need a Realtor Referral, I know a number of good ones!
