Monday, July 23, 2012

South Metro Denver Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the South Metro Denver real estate market continues to show signs of positive improvement. Through June/2012, the South Metro Denver market is up about 16.5% compared to through June/2011 for single family homes and attached unit sales (7,979 sales vs. 6,849 sales). The market still trails the peak year of 2005, down approximately 18% for single family home sales compared to through June/2005 (5,747 sales vs. 7,007sales).

Mountain Suburbs Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Mountain Suburbs real estate market continues to show signs of positive improvement. Through June/2012, the Mountain Suburbs market is up about 34% compared to through June/2011 for single family homes and attached unit sales (378 sales vs. 281 sales). The market still trails the peak year of 2005, down approximately 11.5% for single family home sales compared to through June/2005 (363 sales vs. 411 sales).

Metro Denver Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Metro Denver real estate market continues to show signs of positive improvement. Through June/2012, the Metro Denver market is up about 14.75% compared to through June/2011 for single family homes and attached unit sales (8,525 sales vs. 7,429 sales). The market still trails the peak year of 2005, down approximately 15.50% for single family home sales compared to through June/2005 (6,177 sales vs. 7,307 sales).

Jefferson County Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Jefferson County real estate market continues to show signs of positive improvement. Through June/2012, the Jefferson County market is up about 22.60% compared to through June/2011 for single family homes and attached unit sales (1,809 sales vs. 1,475 sales). The market still trails the peak year of 2005, down approximately 16.20% for single family home sales compared to through June/2005 (1,508 sales vs. 1,800 sales).

Douglas County Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Douglas County real estate market continues to show signs of positive improvement. Through June/2012, the Douglas County market is up about 22% compared to through June/2011 for single family homes and attached unit sales (3,230 sales vs. 2,645 sales). The market still trails the peak year of 2005, down approximately 13% for single family home sales compared to through June/2005 (2,874 sales vs. 3,307 sales).

Broomfield/Westminster Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Broomfield/Westminster real estate market continues to show signs of positive improvement. Through June/2012, the Broomfield/Westminster market is up about 12.70% compared to through June/2011 for single family homes and attached unit sales (2,212 sales vs. 1,963 sales). The market still trails the peak year of 2005, down approximately 21% for single family home sales compared to through June/2005 (1,883 sales vs. 2,384 sales).

Aurora Economic Snapshot - July '12

As we linger on this path of low mortgage interest rates and a depleted inventory of available homes for sale, the Aurora real estate market continues to show signs of positive improvement. Through June/2012, the Aurora market is up about 1% compared to through June/2011 for single family homes and attached unit sales (2,396 sales vs. 2,373 sales). The market still trails the peak year of 2005, down approximately 30% for single family home sales compared to through June/2005 (1,747 sales vs. 2,521 sales).

Boulder Valley Economic Snapshot - July '12

As we remain on this path of low mortgage interest rates and depleted inventory of available homes for sale, the Boulder Valley real estate market continues to show signs of positive improvement. Through June/2012, the Boulder County real estate market is UP 25% compared to through June/2011 for single family homes and attached unit sales (2,125 units vs. 1,702 units). The market still trails the peak year of 2005, down approximately 28% compared to through June/2005 (2,125 units vs. 2,940 units).