The chart below illustrates the market trend in the Mountain Evergreen South (MES) market segment of the Denver Metrolist. The area includes the southern portion of Evergreen, Colorado.
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. The days on the market trend is fairly steady over the past twenty-four months at well under 180 days
The next graph shows the supply and demand trends in the same market segment. The current inventory level is fairly consistent with historic levels.
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 six to thirty. Changes in a small sample can result in fairly large percentage changes. Overall, the sales activity in this market is fairly stable as seen the sales price trends, supply and demand, and the changes in the monthly sales volume.
If in-depth real estate market analysis is important to your decision as a homeowner, investor, lender, or forensic review, call 303-816-1721.
Need to order an appraisal? Order an Appraisal
Centennial Appraisal Group, Inc. provides residential real estate appraisal, trend analysis, and consulting services in the Denver and suburban mountain foothills areas.
Legal Disclaimer
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.
The chart below illustrates the residential real estate market trend in the Mountain Jefferson County Central (MJC) market segment of the Denver Metrolist. The area includes portions of Evergreen, Golden, and Indian Hills, Colorado.
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 steadily rising.
The next graph shows the supply and demand trends in the same market segment. The inventory level has been trending upwards for the past sixteen 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 seven to twenty-one. Changes in a small sample can result in fairly large percentage changes. Overall, the sales activity in this market is slowing.
The chart below illustrates the residential single family market trend in the Mountain Evergreen North (MEN) market segment of the Denver Metrolist. The area includes the northern portion of Evergreen, Colorado.
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. The days on the market trend is fairly steady over the past several months averaging under 150 days.
The next graph shows the supply and demand trends in the same market segment. The inventory level has increased through 2008 and the number of monthly sales is trending downward.
The graph below shows the change in the rate of monthly sales compared to the same month a year ago. The number of sales in this market has decreased each month since February indicating the market is slowing.
Staff Profiles | Contact Us | Appraisal Info | "Appraisal Scoop" Blog | MPE Market Trend | Login/Order Status | Order an Appraisal | Tell a Friend | Services | Home | Site Map | Our Service Area | Market Trends Blog | Chance to win $1000!
Copyright © 2010 Centennial Appraisal Group, Inc.Portions Copyright © 2010 a la mode, inc.Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
