Market Trends

The chart below illustrates the market trend in Indian Hills, Colorado 80454. Indian Hills is a submarket of the Mountain Jefferson County (MJC) market segment of the Denver Metrolist service.

The chart below illustrates the days on the market 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 remain closely correlated but indicate slightly declining values since late 2006. The days on the market trend has risen over the past three years but appears to be leveling to slightly declining.

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The research done to gather the data contained in the graph above 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.

Centennial Appraisal Group, Inc. provides residential real estate appraisal, trend analysis, and consulting services. www.CentennialAppraisalGroup.com 303-816-1721 ph.