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October 2014 Residential Market Report Highlights for October 2014 (Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert & Jefferson Counties) * Single Family Detached homes units sold: Up 1.2% from prior year. (3188 units sold)* Average Sold price on SFD’s: Up 9.7% from prior year October 2013. ($361,923 for this year)* Days on market for [...]
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Highlights for August 2014 * Single Family Detached homes units sold: Down 12.7% from prior year. (3526 units sold) * Average Sold price on SFD’s: Up 8.9% from prior month July 2014. ($372,077 for August) * Days on market for SFD’s: 29.5 days for August 2014. * Condo/Townhome sales: Up 21.4% from prior year August [...]
Many have seen the market start to recover and have posed the question of whether a new "bubble" is forming. The most recent CoreLogic MarketPulse Report shows that we still have a long way to go before prices are anywhere near the peak we previously experienced in many parts of the country.