Olivia Casa Monday, Denver REALTOR®
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December 2017 Highlight Reel

2/13/2018

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Hard numbers on sales and contracts in the Greater Metro Area at the close of 2017

While in a typical market, December can be a slow month for buying and selling homes, we found the opposite to be true in the Denver Metro Area in December 2017. From November, home sales were down—18.6% for detached single-family homes, 13.1% for attached single-family homes; but even with the decreases, that accounts for 3,691 units for sale in Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties at the end of 2017. Of those units for sale, 2,949 were placed under contract in about a month’s time (35 days for detached single-family homes; 31 attached single-family homes). 35.3% of detached single-family homes and 40.6% of attached single-family homes went under contract after seven or fewer days on the market! The average price for detached homes held flat at $477,523 and hit a record high for attached homes at $340,523. 41.3% of closed homes sold over their asking price

These figures, courtesy of Land Title Guarantee, show that, even with decreased market availability, values continue to hold. This is important information whether you are buying or selling, and something I can cover more in-depth with you as your agent.
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OLIVIA CASA MONDAY, REALTOR®
720.308.6669 | casastyle5280@gmail.com
​​​
BHHS Innovative Real Estate
9785 Maroon Cir #150, Englewood CO 80112
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Disclaimer: © 2020 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.  ​Accessibility: We are conducting periodic site audits in order to identify potential accessibility issues and are implementing changes to improve accessibility. For more information, contact Olivia Casa Monday at 720.308.6669 or casastyle5280@gmail.com.
  • Home
  • Home Search
    • Search Colorado Properties for Sale
    • Featured Listings
    • 5280 Communities
  • Buyers & Sellers
    • Home Buyers
    • Home Sellers
    • Your Home Value
  • SOBO my neighborhood
  • About Me
    • Meet Olivia
    • Code of Ethics
    • Videos
    • Rave Reviews
    • Contact Me