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.