Since 2001 I have watched the number of SINGLE FAMILY closings that occur each month in "DENVER", believing they would give an indication of the market health. The following is that list:
January 2001: 1800
January 2002: 1972
January 2003: 1829
January 2004: 1673
January 2005: 1810
January 2006: 1726
January 2007: 1840
January 2008: 1797
What surprises me is the amount of "NEGATIVE" press we get from the local media, when we really have a pretty stable market.
New Single Family Listings might also give a health of our market indication: (but only since 2004)
January 2004: 5748
January 2005: 5294
January 2006: 5358
January 2007: 4332
January 2008: 4965
Fewer NEW listings on the market and flat demand (in Denver) means we should have price growth and we do in some martkets. Go to the statistics link just below the pictures on the front of http://www.denverrelocation.com/ and review your part of Denver for year over year comaprisons.
It is our pleasure to assist nice folks when they want to buy or sell in Denver.
So, if this kind of knowledge could be valuable to you or your friends, experience is the key. Whether it is Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado, we offer real estate advice, properties for sale, multiple listing service, property listings, mls, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com
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