January, 2012 Real Estate Market Highlights

 

Sales up over last year in 6 out of 9 areas.

Average Prices are up in 6 out of 9 areas.

Average Days to Contract are down in 5 of 9 areas.

Inventory is down in 7 of 9 areas.

Months of Inventory (absorption rate) is down in Broomfield, Longmont and dramatically down in Louisville.

Louisville has been in a Seller's Market for 9 of the last 11 months AND January was the 3rd month in a row of FALLING Months of Inventory in Louisville.

 

Call me and we'll discuss how this relates to your situation.

 

 

Broker/Owner, Options Realty, LLC