JULY 2013
Guest Contributor: Tamlyn Grant
The number of Active (available) homes for sale(single family + condo) in the Denver Metro area in July was 10,025 which is the highest amount of inventory we have had in 2013 and is about the same number of homes we had for sale in July 2012. This increase in inventory has helped to ease buyer’s frustrations. Homes are still selling very fast with most homes going under contract in less than 20 days. The average days on market (DOM) for all home sales is down to 37, it was 65 DOM in July 2012 and 101 DOM in July 2011. July and August are typically the peak months for home sales in the Denver area. There were 7,406 homes put under contract in July, up 43 % from the 5,236 put under contract in July 2012.
July Active Listings (Single Family + Condos)
|
| 2013 |
2012 |
2011 |
2006 |
| 10,025 |
10,827 |
17,583 |
31,989 |
Single Family Home Statistics
(May, Jun, Jul 2013)
|
| Month |
Available Homes |
# Sold |
Median Sold Price |
Avg. Sold Price |
| MAY |
6,738 |
4,540 |
$280,000 |
$346,254 |
| JUN |
7,558 |
4,433 |
$290,000 |
$349,339 |
| JUL |
8,286 |
4,857 |
$286,500 |
$346,254 |
