August Market News For Evergreen, CO

As I have stated many times in the past I am a numbers guy. When it comes to real estate numbers play an important role. It tells you how hot the market is. Weather you can be picky as seller or a buyer or if you should just just let the other party get their way. If you look at the chart below you can see that things are pretty different from last year at this time. Our inventory is still extremely low compared to last year at this time. The average days to sell are doing the predictable thing under low inventory situations. They are selling fast. I mean really fast. Some may consider this a sellers market. I tend to agree that we are still moving in that direction. Since Evergreen homes are always on the high end of the price points you can sell your home fast as long as it is priced reasonably (within the normal price of a home in that particular market). In other words we aren’t getting multiple offers over asking price (unless it is in the $250k and under market).

Month Active Listings, Number of Days to Sell, Average
May 2013 406 69
Jun 2013 459 33
Jul 2013 471 75
Aug 2013 429 57
Sep 2013 362 74
Oct 2013 315 80
Nov 2013 249 91
Dec 2013 217 123
Jan 2014 190 112
Feb 2014 186 99
Mar 2014 199 88
Apr 2014 225 76
May 2014 270 63
Jun 2014 275 56
Jul 2014 270 39
Aug 2014 257 38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For more market info please call 303-503-8793.

It's Nice to Share!