Beau La Point's Executive
Summary
Monday December 17, 2012
DENVER, CO 80210
Single Family Homes
This Week
The median list price in DENVER, CO 80210 this week is $449,750.
Inventory is tightening and days-on-market is falling. But demand
as measured by the Market Action Index is also trending down. The
market is not giving strong up or down signals from these data.
Real-Time Market Profile
Trend
Median List Price
$ 449,750
Asking Price Per Square Foot
$ 190
Average Days on Market (DOM)
117
Percent of Properties with Price Decrease
49 %
Percent Relisted (reset DOM)
n/a
Percent Flip (price increased)
2%
Median House Size (sq ft)
2726
Median Lot Size
not available
Median Number of Bedrooms
3.0
≠≠
≠≠
≠≠
Median Number of Bathrooms
Supply and Demand
Market Action Index
The market has been consistently cool for several weeks. Demand
level are low relative to the available inventory. It's a Buyer's
market and prices continue to fall. Look for a persistent shift in
Market Action before prices plateau or begin to rise again.
±+
No change
3.0
Strong Buyer's
21.4
≠≠
== Strong upward trend ≠≠ Strong downward trend
= Slight upward trend ≠ Slight downward trend
Price
Market Action Index
This week prices in this zip code bumped up a bit but the trend
of recent weeks is generally downward. A pickup in demand will
be reflected in the Market Action Index, so watch that chart to
try to identify a trough in the market.
Price Trends
7-Day Rolling Average
90-Day Rolling Average
Buyer/Seller Cutoff
The Market Action Index answers the question "How's the
Market?" by measuring the current rate of sale versus the
amount of the inventory. Index above 30 implies Seller's
Market conditions. Below 30, conditions favor the buyer.
Quartiles
7-Day Rolling Average
Characteristics per Quartile
Quartile
Median Price
Top/First
Sq. Ft.
90-Day Rolling Average
Investigate the market in quartiles where each quartile is 25% of homes
ordered by price.
Lot Size
Beds
Baths
Age Inventory New Absorbed DOM
$ 999,950
5074 not available
5.0
5.0
10
21
0
1
192
Most expensive 25% of properties
Upper/Second
$ 650,000
3549 not available
4.0
3.0
56
21
3
0
129
Upper-middle 25% of properties
Lower/Third
$ 395,000
2070 not available
3.0
2.0
61
21
0
0
66
Lower-middle 25% of properties
Bottom/Fourth
$ 289,900
1417 not available
3.0
2.0
73
21
2
2
81
Least expensive 25% of properties
Beau La Point | Chicago Title of Colorado | 303-941-3600
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