Market Trends

The chart below illustrates the single family residential market trend in southeast Denver, Colorado. Southeast Denver (DSE) is a market segment of the Denver Metrolist.     Southeast Denver is the portion of the City and County of Denver south of Colfax Ave. and east of Broadway. This view is intended to give the reader a macro view of the market. There are submarkets contained in this data with varying performance. Some areas and housing segments are doing better than others.

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 are slightly widening and indicate at least stable to slightly increasing values. The seasonal nature of the market is clearly evident with the shortest marketing times occurring during the summer months. The marketing trend line indicates lengthening marketing times over the past three years. The second graph shows the number of sale per quarter is trending downward.  The increased marketing times and decreased number of sales may be precursors to measurably declining values.

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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.