Tuesday, October 23, 2012

Boulder County Economic Snapshot - October '12

As is customary for this time of the year, the Boulder Valley real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 6% when compared to August/2012 for Boulder County. If that trend continues, active single family home listings for Boulder County at the close of 2012 will be approximately 1,137 (2011 ended with 1,121 active single family home listings).

Through September/2012 single family home sales for Boulder County are UP 22.87% when compared to September/2011 (2,519 vs. 2,050); attached unit sales are UP 23.24% (896 vs. 727); the market is UP 22.97%. For September/2012, the market was UP 14.69% when compared to September/2011.

South Metro Denver Economic Snapshot - October '12

As is customary for this time of the year, the South Metro Denver real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4% (2273 vs. 2367) when compared to August/2012 for South Metro Denver. If that trend continues, active single family home listings for South Metro Denver at the close of 2012 will be approximately 2010 (2011 ended with 2376 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 36.30% (2273 vs. 3568).

Through September/2012 single family home sales for South Metro Denver are UP 18.75% when compared to through September/2011 (9215 vs. 7760); attached unit sales are UP 15.40% (3648 vs. 3161); the market is UP 17.61%.

Mountain Suburbs Economic Snapshot - October '12

As is customary for this time of the year, the Mountain Suburbs real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 7.18% (453 vs. 488) when compared to August/2012 for the Mountain Suburbs. If that trend continues, active single family home listings for the Mountain Suburbs at the close of 2012 will be approximately 362 (2011 ended with 515 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 27% (453 vs. 623).

Through September/2012 single family home sales for the Mountain Suburbs are UP 33.25% when compared to through September/2011 (597 vs. 448); attached unit sales are UP 42.85% (20 vs. 14); the market is UP 33.54%.

Metro Denver Economic Snapshot - October '12

As is customary for this time of the year, the Metro Denver real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4% (2293 vs. 2388) when compared to August/2012 for Metro Denver. If that trend continues, active single family home listings for Metro Denver at the close of 2012 will be approximately 2028 (2011 ended with 2482 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 37% (2293 vs. 3640).

Through September/2012 single family home sales for Metro Denver are UP 15.23% when compared to through September/2011 (9773 vs. 8481); attached unit sales are UP 16.86% (3832 vs. 3279); the market is UP 15.77%.

Jefferson County Economic Snapshot - October '12

As is customary for this time of the year, the Jefferson County real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 2.20% (711 vs. 727) when compared to August/2012 for Jefferson County. If that trend continues, active single family home listings for Jefferson County at the close of 2012 will be approximately 665 (2011 ended with 685 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 27.45% (711 vs. 980).

Through September/2012 single family home sales for Jefferson County are UP 23.46% when compared to through September/2011 (2478 vs. 2007); attached unit sales are UP 23.05% (491 vs. 399); the market is UP 23.39%.

Douglas County Economic Snapshot - October '12

As is customary for this time of the year, the Douglas County real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 4.63% (1649 vs. 1729) when compared to August/2012 for Douglas County. If that trend continues, active single family home listings for Douglas County at the close of 2012 will be approximately 1430 (2011 ended with 1610 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down nearly 30% (1649 vs. 2292).

Through September/2012 single family home sales for Douglas County are UP 24.36% when compared to through September/2011 (4670 vs. 3755); attached unit sales are UP 26.17% (564 vs. 447); the market is UP 24.55%.

Broomfield/Westminster Economic Snapshot - October '12

As is customary for this time of the year, the Broomfield/Westminster real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 1.13% (789 vs. 798) when compared to August/2012 for Broomfield/Westminster. If that trend continues, active single family home listings for Broomfield/Westminster at the close of 2012 will be approximately 762 (2011 ended with 817 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down 23.62% (789 vs. 1033).

Through September/2012 single family home sales for Broomfield/Westminster are UP 13.83% when compared to through September/2011 (3045 vs. 2675); attached unit sales are UP 3.44% (511 vs. 494); the market is UP 12.21%.

Aurora Economic Snapshot - October '12

As is customary for this time of the year, the Aurora real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 5.58% (457 vs. 484) when compared to August/2012 for Aurora. If that trend continues, active single family home listings for Aurora at the close of 2012 will be approximately 384 (2011 ended with 537 active single family home listings). When comparing September/2012 to September/2011 active single family listings are down nearly 40% (457 vs. 761).

Through September/2012 single family home sales for Aurora are UP 1.91% when compared to through September/2011 (2,766 vs. 2,714); attached unit sales are UP 2.83% (1,016 vs. 988); the market is UP 2.16%.

Northern Colorado Economic Snapshot - October '12

As is normal for this time of the year, the Northern Colorado real estate market has begun to settle-in for the fall and winter. Active listings continue to decline with the September/2012 inventory of single family homes being down 5.23% when compared to August/2012 for Northern Colorado. If that trend continues, active single family home listings for Northern Colorado at the close of 2012 will be approximately 1,790 (2011 ended with 1,964 active single family home listings).

Through September/2012 single family home sales for Northern Colorado are UP 13.97% when compared to September/2011 (4,324 vs. 3,794); attached unit sales are UP 17.45% (848 vs. 722); the market is UP 14.52%. For September/2012, the market was UP 18.76% when compared to September/2011.