Here are some stats on the residential real estate market as reported by Land Title based on MLS information:
Residential Highlights
- 20.8% increase in number of closed sales compared to June 2011 (3,981)
- 16.8% increase in number of closed sales year-to-date (17,628)
- -48.4% reduction in absorption rate (2.2months)
- 11% average increase in price for homes sold ($324,497)
Condo Highlights
- 17.6% increase in number of closed sales compared to June 2011 (923)
- 12.9% increase in number of closed sales year-to-date (4,232)
- -59.2% reduction in absorption rate (2 months)
- 14.6% average increase in price for condos sold ($181,578)
For more information call Todd Groth at 720.203.9624 or look us up online at www.BevGrothProperties.com