Market Trends

Colorado Real Estate Trends ©

The chart below illustrates the market trend in the Mountain Park County East (MPE) market segment of the Denver Metrolist. The area includes the portion of Park County from the Park/Jefferson county line to Kenosha Pass. The area includes the communities of Pine, Bailey, Shawnee, and Grant.

The days on the market are shown with a red trend line on the right axis and the list price and sales price trends in the dark blue and pink lines on the left axis. The list price and sales price trend are beginning to separate and are trending downward indicating the market is accepting greater discounts from the list prices. The days on the market trend is rising but remains well under 180 days.

The next graph shows the supply and demand trends in the same market segment. The inventory level has been trending upwards for several months.

The graph below shows the change in the rate of monthly sales compared to the same month a year ago. It should be pointed out the number of monthly sales in this market segment ranges from eight to forty-two. Changes in a small sample can result in fairly large percentage changes. Overall, the sales activity in this market is slowing although there was a significant uptick in December of 2008.

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Disclaimers and Acknowledgements

The research done to gather the data involves examining thousands of listings. With this much data inaccuracies will occur. Care is taken in gathering and processing the data and information within this report is deemed reliable. IT IS NOT GUARANTEED. The real estate market is cyclical and will have its ups and downs. Past performance cannot determine future performance.

This information is offered with the understanding that the author is not engaged in rendering legal, tax or other professional services. If legal, tax or other expert assistance is required, the services of a competent professional are recommended. This is a personal blog reflecting the opinions of its author. Statements on this site do not represent the views or policies of anyone other than me.

Investing in real estate is not a get-rich-quick scheme nor is there any guarantee you will make a profit. Every effort has been made to make this report as complete and accurate as possible. However, there may be mistakes. Therefore, this report should be used only as a general guide and not as the ultimate source for making money in real estate.