Latest MLS Information For Denver Sales

The December and the 2008 year-to-date Denver area MLS statistics are out.

The total residential homes actively on the market for December 08 was 14,995 as compared to 18,709 homes on the market in December of 2007; a decline of 19.9%
Similarly, Condominiums & townhouse inventory throughout metro Denver fell from 5,894 during December of 2007 to only 4,606 in December of 2008. A 21.9% reduction in available inventory.

Watch out for what SOLD STATISTICS are really saying:
Although the average sales price throughout Denver appears to be dropping in most of the following areas, it is not a true picture of what is really happening. The Denver market is experiencing a significant number of bank owned properties being purchased individuals and investors as compared to the higher end closing in our market. Nearly 50% of the recent closings are in the price range below $150,000. This has drastically dropped the AVERAGE sales price of homes and therefore does not truly represent a the PERCENTAGE of decline in the market value of homes throughout metro Denver. The statistics are skewed drastically toward the lower end of our market. Although the average sales price of homes being sold throughout Denver has dropped, the actual market values of individual neighborhoods and homes has not dropped anywhere near the figures being reported.

Once again, I would like to thank the professionals at Land Title Guarantee Company, for providing the latest MLS number of closed homes sales, number of closed sales year to date, average day on market, number of active listings, number of new listings, absorption rate in months and average price sold within each area of Metro Denver.

Total MLS All Metrolist Areas as one download Aurora North (AUN)

Aurora South (AUS) Brighton, Fort Lupton (BFL)
Broomfield (BRM) Douglas County West (DCW)
Douglas Elbert Parker (DEP)
Douglas Highlands Ranch Lone Tree (DHL)
Denver Northeast (DNE)
Denver Northwest (DNW)
Denver Southeast (DSE)
Denver Southwest (DSW)
Downtown Denver (DTD)
East Suburban North (ESN)
East Suburban South (ESS)
Jefferson County Central (JFC)
Jefferson County North (JFN)
Jefferson County South (JFS)
Jefferson County West (JFW)
Jefferson County Northcentral (JNC)
Jefferson County Southcentral (JSC)
Lafayette (LAF) Mountain Clear Creek (MCC)
Mountain Conifer Pine (MCP)
Mountain Evergreen North (MEN)
Mountain Evergreen South (MES)
Mountain Gilpin County (MGC)
Mountain Jefferson County (MJC)
Mountain Jefferson North (MJN)
Mountain Jefferson South (MJS)
Mountain Park County (MPC)
Mountain Park East (MPE)
North Northeast Suburban (NNE)
North Northwest Suburban (NNW)
North Suburban Central (NSC)
North Suburban East (NSE)
North Suburban West (NSW)
South Suburban Central (SSC)
South Suburban East (SSE)
Superior (SUP)
The above links will automatically up-date themselves during the first week of each month when new numbers are posted. So, if you are interested in saving any one months information, you might want to either save a PDF version on your computer or print out the links that are of interest to you.