Wednesday, June 20, 2012

South Metro Denver Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The South Metro Denver real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout South Metro Denver are UP 21% compared to through May/2011 (4374 vs. 3616); attached unit sales are UP 12% (1767 vs. 1573) for the same time periods; and the overall market is UP 18%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Northern Colorado Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Northern Colorado real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Northern Colorado are UP 11% compared to through May/2011 (1892 vs. 1712); attached unit sales are UP 6% (375 vs. 355) for the same time periods; and the overall market is UP 10%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Mountain Suburbs Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Mountain Suburbs real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout the Mountain Suburbs are UP 34% compared to through May/2011 (281 vs. 210). The market is still down about 9% when compared to 2005, the benchmark year when sales activity peaked.

Metro Denver Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.
The Metro Denver real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Metro Denver are UP 12% compared to through May/2011 (4754 vs. 4226); attached unit sales are also UP 12% (1846 vs. 1652) for the same time periods. The market is still down about 19% when compared to 2005, the benchmark year when sales activity peaked.

Jefferson County Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Jefferson County real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Jefferson County are UP 34% compared to through May/2011 (1151 vs. 858); attached unit sales are UP 12% (237 vs. 212) for the same time periods; and the overall market is UP 30%. The market is still down about 22% when compared to 2005, the benchmark year when sales activity peaked.

Douglas County Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Douglas County real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Douglas County are UP 20% compared to through May/2011 (2208 vs. 1839); attached unit sales are UP 26% (262 vs. 208) for the same time periods; and the overall market is UP 21%. The market is still down about 12% when compared to 2005, the benchmark year when sales activity peaked.

Broomfield/Westminster Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Broomfield/Westminster real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Broomfield/Westminster are UP 15% compared to through May/2011 (1508 vs. 1307); attached unit sales are UP 24% (266 vs. 214) for the same time periods; and the overall market is UP 17%. The market is still down about 21% when compared to 2005, the benchmark year when sales activity peaked.

Aurora Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

The Aurora real estate market continues to show signs of stability as sales activity has held thus far this year when compared to 2011. Through May/2012 single family home sales throughout Aurora are similar to through May/2011 (1392 vs. 1413); attached unit sales are up slightly (517 vs. 515) for the same time periods. The market is still down about 31% when compared to 2005, the benchmark year when sales activity peaked.

Boulder Valley Economic Snapshot - June '12

The term “global economy” has become part of the daily jargon as it relates to the ups and downs of the world’s various stock markets and the financial entities attempting to create some semblance of order to the world’s economy. Uncertainty appears to be the norm these days as Wall Street traders grapple with a market vacillating between bears and bulls, impacted by the doings across the pond and along the Pacific Rim.

Locally, the Boulder Valley real estate market continues to show signs of stability as sales activity has improved thus far this year when compared to the last few years. Through May/2012, single family home sales throughout Boulder County are UP 25% compared to through May/2011 (1157 vs. 923); attached unit sales are UP 23% (422 vs. 343) for the same time periods; and the overall market is UP 24.72%. The market is still down slightly over 30% when compared to 2005, the benchmark year when sales activity peaked.