Featured Property

  • 10746 Bailey Street 159
    Firestone, CO
    $77,000
    4 beds | 2 baths
  • 22461 East Peakview Drive
    Aurora, CO
    $560,000
    6 beds | 3 baths
  • 49600 East Mississippi Avenue
    Bennett, CO
    $4,000,000
  • 11809 Harrison Street
    Thornton, CO
    $215,000
    2 beds | 1 baths
  • 1313 South Kimbark Street
    Longmont, CO
    $459,900
    5 beds | 3 baths
  • 1983 Briarwood Place
    Erie, CO
    $459,000
    3 beds | 2 baths
  • 1441 East Long Place
    Centennial, CO
    $469,900
    4 beds | 2 baths
  • 5040 West 116th Court
    Westminster, CO
    $485,000
    4 beds | 3 baths
  • 12820 Jasmine Street D
    Thornton, CO
    $279,900
    2 beds | 1 baths
  • 3455 Birch Street
    Denver, CO
    $389,900
    3 beds | 2 baths
  • 4705 Claude Court
    Denver, CO
    $800,000
    5 beds | 1 baths
  • VACANT LOT 80th Avenue
    Commerce City, CO
    $280,000
  • 11397 Depew Way
    Westminster, CO
    $410,000
    4 beds | 3 baths
  • 11354 Quivas Way
    Westminster, CO
    $590,000
    4 beds | 3 baths
  • 5135 Umatilla Street
    Denver, CO
    $455,000
    3 beds | 1 baths

Broomfield CO Homes For Sale Information With Today's Outlook on Denver Area Real Estate Updated February 2014. General Information and Data for Sold Housing Prices January 2014. Call  303-250-4735  for more information on our Denver real estate market or if you are thinking about buying or selling your home. We Would be glad to help!

Real Estate Market Update

The drop in the amount of pending home sales in December 2013 by 8.8% is partly due to the harsh winter that the Denver Front Range regions have been receiving. But what we are seeing is a more normal real estate environment with healthier signs. There have been fewer pending short sales, fewer investor purchases, and less distressed sales overall. This all points to a return to a more balanced market for Denver real estate. For 2014, the National Association of Realtors is still forecasting a 5.1 million homes sold at year's end.

Another great indicator, according to the Mortgage Bankers Association, is the 2% increase in the purchase loan index. Whenever an index for consumers is on the rise, it is a great indicator that all the elements that affect the use of that product is in a very favorable state. The number of contracts signed on existing home sales is lower than what we have seen in 2013, but overall, average prices and median prices are up 5.4% and 4.6% respectively. Interest rates, low inventory on homes for sale listings, and just a lack of listings have all contributed to the general increase in the sold prices of homes on the market.

Inventory levels take into account 2 things. One is the demand for those homes that are available and second, the actual number of listings that are available at a specific time. Inventory levels in all price ranges under $300,000 are very low by historic comparison. So the demand is overpowering the current supply of housing. Under normal conditions, this is a great environment for selling and it increases the price of homes at a quick rate. The beginning of 2014 has shown a slow start in the number of homes sold, so prices will likely continue to increase, perhaps at a slower pace, as interest rates are rising and new lender regulations have just taken effect at the beginning of 2014.

 
Denver Residential Real Estate 2014            
               
Month Homes Active Homes Sold For Month Average Price Sold Homes Sold For Year Average Days On Market Under Contract For Month
JAN 4,592 1,795 $336,375 1,795 46 2,596
FEB            
Denver Real Estate 2014 Condominiums            
               
Month Condos Active Condos Sold For Month Average Price Sold Condos Sold For Year Average Days On Market Under Contract For Month
JAN 1,166 583 $195,336 583 55 993
FEB            

The inventory of homes available for sale continues to increase (+10.7%) for the third consecutive month at the end of July 2013. Buyer demand remains very strong, although the general vibe still is trending toward the market being a "seller's market," meaning the advantage is still for the sellers of homes due to the reduced inventory of real estate that is still down by -8.8% in listed homes for sale in July 2013 as compared to July 2012.

The one thing that is great about the current market is the average time to sell in the metropolitan Denver area. At 1.3 months for residential single family homes and 1.6 months for residential townhomes and condominiums, this is one hot market.

Confidence in the market is displayed boldly through strong buyer demand for homes and this is despite that home loan interest rates have increased and continue to do so.

The overall view of the Denver area construction industry indicates strength everywhere in both the public and private sector, supporting the local economy. While builders increased their single family home starts by over 46% from last year in 2012, cost of labor and building materials combined with the availability of lot sites and other business costs combined with regulatory requirements will continue to impact the home building community.

Please keep in mind that local real estate markets like the Denver Front Range can change rapidly. If you have any questions regarding the value of your home or if you need some questions answered about a home that you might want to sell or if you are looking to buy Denver real estate then please feel free to call us at Homewerks with Keller Williams Realty in the Denver area.

303-250-4735

 
Taking a look at real estate for sold homes in the Denver area for the past year in 2012 and looking at what will be the 2013 projections for Denver home sales indicates that the Denver housing market is making a very strong recovery with the average sales price increasing to $315,452. The most significant increases and decreases are as follows:

Residential Statistics Denver Colorado Real Estate Sales:
7.7% Increase in sold real estate year over year 2012-2013
47.3% Decrease in absorption rate
-28.1% Decrease in active listed homes for sale year over year 2012-2013
14.5% Increase in average sold price

Condominium Statistics Denver Colorado Real Estate Sales:
14.9% Increase in sold condominium real estate 2012-2013
36.8% Decrease for days on market average across the Denver Front Range
37.4% Increase in average sold condo prices
12.3% Increase in number of sold condos year over year 2012-2013


Sellers desire the highest price for selling their home in the shortest amount of time on the market and with the least amount of hassle, and buyers want the right piece of real estate at the right price.

As professionals in the Denver real estate market, it is our goal to connect this into a desired outcome for both the buyer and the seller.

If you are looking to sell or buy Denver real estate in the future, then feel free to call us at:

303-250-4735  WE WILL BE GLAD TO HELP!

Denver Residential Real Estate 2012            
               
Month Homes Active     
Homes Sold For Month Average Price Sold Homes Sold For Year Average Days On Market New Listings For Month Absorption Rate Months
JAN 8,356 1,993 $272,328 1,993 103 3,519 4.4
FEB 8,082 1,978 $270,821 3,971 106 3,679 4.2
MAR 8,303 2,775 $284,035 6,746 105 4,936 2.9
APR 8,353 3,133 $298,712 9,879 90 4,897 2.7
MAY 8,705 3,768 $307,896 13,647 78 5,379 2.2
JUN 9,074  3,981  $324,497  17,628  71  4,922  2.2
JUL 9,087 3,713 $312,920 21,341 64 4,390 2.4
AUG 9,060 3,730 $311,893 25,071 63 4,577 2.4
SEP 8,700 3,147 $306,633 28,218 64 3,679 2.9
OCT 8,108 3,246 $304,237 31,464 67 3,670 2.7
NOV 7,366 2,975 $306,773 34,439 72 2,923 2.7
DEC 6,366 2,725 $315,451 37,164 75 2,104 2.7
Condos
Denver Real Estate Condominiums 2012            
               
Month Condos Active     
Condos Sold For Month Average Price Sold Condos Sold For Year Average Days On Market New Listings For Month Absorption Rate Months
JAN 2,087 477 $146,544 477 108 929 4.5
FEB 2,004 517 $146,544 994 101 930 4.0
MAR 2,022 700 $161,848 1,694 97 1,188 2.9
APR 1,901 758 $178,231 2,452 91 1,084 2.7
MAY 1,886 857 $179,253 3,309 81 1,156 2.2
JUN  1,851  923  $181,578  4,232  74 1,120  2.0 
JUL 1,740 905 $190,269 5,137 69 1,062 2.0
AUG 1,766 955 $183,359 6,092 69 1,135 1.8
SEP 1,770 802 $186,843 6,894 64 968 2.2
OCT 1,611 849 $179,803 7,743 61 886 2.1
NOV 1,511 717 $198,080 8,460 64 730 2.2
DEC 1,340 675 $186,877 9,135 67 580 2.2

Residential Statistics Real Estate Sales:
30.8% Increase in sold homes year over year 2011-2012
-47.3% Decrease in absorption rate
-29.5% Decrease in active listed homes for sale year over year 2011-2012
12.9% Increase in average sold price


Condo & Townhome Highlights:
-39.3% Increase in inventory year over year 2011-2012
-40.2% Decrease for days on market
11.9% Increase in average sold condo prices
21.1% Increase in number of sold condos year over year 2011-2012


November 2012: Denver residential home sales are still showing great improvement over the average sold price just a year ago in October 2012 and the amount of closed sales for the month is up 30.8 percent from last year at this same time. The number of months to sell a home in Denver and the surrounding areas has decreased from 5.1 months on the average to 2.1 months, and this is in a market that has -29.8 percent less available homes on the local Denver areas!

Denver Condominium sold data is showing a stronger market than in October 2011 for attached style housing, the decreased inventory, at -39.3 percent, yet the absorption rate has dropped considerably. The time to sell has dropped from an average of 4.2 months to 2.1 months to sell a home in the Denver Front Range. 

As always, call us at anytime you have a question, 303-250-4735, or if you are thinking of listing your home for sale in Broomfield Colorado or you would like information to buy real estate in Denver Colorado!


July 2012:
Home sales in Denver continue to soar in May despite declines in some major U.S. markets. For the fifth straight month, Denver posted a year over year increase in home prices in June 2012, maintaining an increase of 11% on the average sold price ($324,497) from last year and showing an increase in sold Denver residential real estate at 20.8% more closed transactions than June 2011.


Residential Statistics Home Sales:
12.8% Increase in sold homes year over year
-47.1% Decrease in absorption rate
-39.8% Decrease in listed homes for sale year over year
9.8% Increase in average sold price

Condo & Townhome Highlights:
52.2% Increase in inventory year over year
26.0% Decrease for days on market
12.5% Increase in average sold condo prices
8.2% Increase in number of sold condos year over year

As always, call us at anytime you have a question, or if you are thinking of selling a home in Broomfield CO or you would like to buy real estate in Denver Colorado!  

We can send listings and information by request!

Call Shaun Werkele 303-250-4735 with Homewerks Keller Williams Realty Westminster Brighton Thornton Broomfield and Denver Front Range Colorado real estate agents.

Single Family Residential Data Solds March 2012

Denver real estate for sold homes figures shows that the amount of homes listed for March 2012 currently is at 8,303 which is extremely less at -39.4% from a year ago, and the number of residential single family homes listed recently have sold is 2,775 units, which shows an increase of 9.8% compared to March 2011, but is less than February 2012 was for sold real estate which was recorded at 3,971. The average days on market has changed little with 109 days for active listings last year at this time as compared to 106 days on average to sell a home in Denver in our current market. The average sold price for recent homes sold is evidence that the market in Denver Colorado and the entire metropolitan area is increasing in sold values with an increase of 6.9%. With sold real estate prices up and inventory down, it makes sense that sold prices will continue to show this exciting trend in home sales in 2012. The reduced inventory of listed homes on the market is creating great demand for the housing supply on the market in the $50,000-$300,000 range as in quite a few situations there are more than one offer to purchase properties that are priced “in the market.”

 

Condos and Townhomes in Denver Front Range Sold Data March 2012

Denver condominiums sales activity for the Front Range is much the same in comparison to the overall sales figures for Denver area residential homes sold, the current absorption rate is the same at 2.9% for both residential and condominium sales. The main difference being the inventory is down  -49.4% from March 2011 and the number of actively listed condos and townhomes for sale is at 2,004 versus 3,965 a year ago. The average sales price is at $161,848 showing an increase of 1.2% over the sold price for condos in March 2011. With the decreased days on the market for condos, dropping from last year’s average of 126 days to sell a condo down to the current 97 days we are seeing in March 2012, we can expect this trend to continue.

March 2012 Denver Colorado Real Estate Residential Highlights:
• 9.8% Increase in recently sold homes closed sales (year over year)
• -19.1% Decrease in Absorption Rate (2.9 months)
• -39.7% Decrease in current active listings (8,303)
• 3.7% Increase in recent average sold price $284,035

March 2012 Denver Colorado Condo/Townhome Highlights:
• 7.7% Increase in recently sold condominium homes closed sales (year over year)
• -50.8% Decrease in Absorption Rate (2.9 Months)
• -49.4% Decrease in current inventory (2,022)
• 3.5% Increase in recent average sold price $161,848

Single Family Residential Data Solds February 2012

Denver real estate sold homes data shows that the number of homes listed for  February currently is at 8,082 which is still down -39.7% from a year ago, and the number of residential single family homes that have sold most recently is at 3,971, which shows an increase of 13.7% compared to February 2011. The average days on market has decreased from 123 active listings last year at this time as compared to 106 days to sell a home in Denver on average currently. Total sales prices at closing for recent homes sold is indicating an increase of 2.1% for  the average sold transaction in Denver and the entire metropolitan area. The still much reduced supply of inventory is creating an increased demand for housing on the market in the $50,000-$250,000 range as offers on properties that are priced well are becoming competitive to purchase.

 

Condos and Townhomes in Denver Front Range Sold Data February 2012

Denver condominiums sales activity is much the same in comparison to the overall sales figures for Denver area homes sold, the main difference being the inventory is down  -49.5% from last year and the number of actively listed condos and townhomes for sale is at 2,004 versus 3,965 a year ago. The average sales price is at $161,143 showing an increase of 3.5% over sold prices at closing for condos in February 2011. With sold real estate prices up and inventory down, it makes sense that sold prices will continue to show an increase over home sales in 2011. This is further supported with the decreased days on the market for condos, dropping from last year’s average of 129 days to sell a condo down to the current  101 days we are seeing  in February 2012.

Denver Colorado Real Estate Residential Highlights:
• 13.7% Increase in recently sold homes closed sales (year over year)
• -45.5% Decrease in Absorption Rate (2.1 months)
• -39.7% Decrease in current active listings (10,213)
• 2.1% Increase in recent average sold price $270,821

Denver Colorado Condo/Townhome Highlights:
• 11.6% Increase in recently sold homes closed sales (year over year)
• -55.6% Decrease in Absorption Rate (4.1 Months)
• -49.5% Decrease in current inventory (2,421)
• 3.5% Increase in recent average sold price $161,143

Denver Residential Real Estate 2011
           
               
 Month Homes
Active
Homes Sold For Month Average Price Sold Homes Sold For Year  Average Days On Market New Listings For Month  Absorption Rate Months
AUG 13,436
3,177
$284,065 21,346 96
4,256 4.4
SEP 12,613 2,610 $280,289 23,956 99 3,681 5.1
OCT 11,504
2,482 $269,503 26,438 102 3,417 5.1
NOV 10,213 2,468 $275,951 28,906 99 2,806 4.2
DEC 8,854 2,531 $275,610 31,437 107 2,103 4.0
Denver Area Condos and Townhouses 2011
       
               
Month Condos
Active
Condos Sold For Month
Average Price Sold Condos Sold For Year Average Days On Market
New Listings For Month
Absorption Rate Months
AUG 3,195 796 $168,050 5,297 111
1,014
4.5
SEP 2,920 727 $159,980 6,024 127 884 3.3
OCT 2,652 701 $160,723 6,725 102 858 4.2
NOV 2,421 600 $153,526 7,325 105 693 4.2
DEC 2,139 625 $166,420 7,950 106 2,103 3.9


December 2011: Real estate in the Denver front range is down -36.5% from December 2010 in the amount of residential listed homes for sale. In looking at the similarities and differences of real estate sales in the Denver area, the number of sales and the sales prices on homes that have sold are equated at nearly the same when comparing data for sold homes in 2011 and 2010. What is different from a year ago is the drop in listed homes for sale, the inventory is down -36.5% from a year ago, and sold prices at the closing table have been 0.4% higher than at this time a year ago.

Condominium Sold Prices are almost precisely the same, with the average price for a condo recently purchased at $166,420 paralleled with $166,841 in 2010. The days on the market for condos listed in Denver is down considerably, 106 days being the current average as compared with 132 days a year ago. The reason for this is the decrease in the number of condominiums listed for sale in the Denver metropolitan area, dropping by over 50% from 2010 at this time.
Prices across the board are stable, with the days to sell a condo in Denver diminishing!
   
November 2011: Home sales in Denver are showing an increase in recently sold homes closed in October 2011 as compared to a year ago at this time. The absorption rate has decreased by -39.4%, putting the average days on market to be around 4.7 months. The price for a sold home in Denver is down by -2%, with the average price being at $275,951. Broomfield real estate sold prices have been faring much better than the metropolitan Denver average, with the average sold price being at 17.2% higher than last October. The decrease in active listings in the Denver market maintains at -33% less homes for sale in the Denver metropolitan area than a year ago. Condos for sale in the Denver metropolitan area are a little sluggish with an increase in days on market increasing from a year ago. Current days for a listed condominium is at 90 days, a year ago it was at 57 days. With the recent decrease in the condominium inventory for sale, we will have to see if this holds condo prices. Broomfield condos are still up, at 3.6% and the market in real estate in Broomfield is doing better than Denver as a whole. Feel free to call us at anytime with any question you might have. 303-250-4735.

Denver Colorado Real Estate Residential Highlights:
• 15.2% Increase in recently sold homes closed sales (year over year)
• 39.4% Decrease in Absorption Rate (4.7 months)
• 33% Decrease in current active listings (10,213)
• 2% Decrease in recent average sold price $275,951


Denver Colorado Condo/Townhome Highlights:

• 14.5% Increase in recently sold homes closed sales (year over year)
• 32.9% Increase in Absorption Rate (6.2 Months)
• 47.9% Decrease in current inventory (2,421)
• 7% Decrease in recent average sold price $153,526



October 2011:
So what we are seeing is a drop in active real estate listings on the market in Denver. The change is by -30.2%, dropping by a third, as compared to October 2010. Condos actively listed on the market are down by 45.7% from last year. Sold prices are up 6.1% for residential housing from 2010 at this time, condominiums are up 1.0% from a year ago as well. With the inventory down as much as it is, and seeing increases in sales prices can mean only one thing. The Denver market is on it's way to recovery. Only time will tell if this is the case. 

If you have a question feel free to call us, we are experienced and we know the current market and we are knowledgeable about  the recent trends in the Denver Broomfield Westminster Thornton Brighton areas and we would be glad to help.

Denver & Broomfield Westminster Thornton Brighton Home Sales Statistics
September 2011: Great news for anyone looking to sell a home in Denver or any of the outlying areas. Real estate sales are up from last year at this time for September by 12.5%. The days on the market for a listed home in Denver is at 99 days as compared to 100 days for a year ago. What is down is the amount of available housing for the Denver metropolitan area, with 12,613 in contrast to 17,625 active properties a year ago. New lisitngs are down as well, at this time there were 7,562 newly listed homes in September 2010 and now for 2011 there are 3,681 newly listed real estate properties. This makes for a much lower inventory for homes for sale in Broomfield Westminster Thornton Denver and makes for less to select from for the average homebuyer. 



Real estate sales information for August 2011 Shows a decrease in the amount of time to sell a condo in the Denver Metropolitan area. The data shows a decrease in the absorption rate down to 4.5 as compared to 9.0 months to sell a condo in Denver CO and the surrounding areas. The other bright side to this is the sold prices on these condos is up 5.4% from last year at this time.

Residential single family homes showed that the market in Denver is relatively strong with 96 days on the market to sell a home in Broomfield Westminster Thornton and the surrounding suburban areas of  our Denver city.

Concerned with understanding more about Broomfield CO real estate or other areas in Colorado? We are available to assist you in any way that we can. Additionally, if you need real estate services then please call us at 303.250.4735 and we can list your home for sale or help you in your home search for a house in Broomfield or any other neighborhood in Denver Colorado.


Real estate sales information for June 2011 shows the number of homes for sale in the metro Denver real estate market climbed slightly from April to May, but at 3.723 homes sold, was still less than last year. There were 15,299 homes for sale listed during May, up 9 percent from April, but nearly the same as compared with homes for sale in May 2010.

Number of homes under contract is up 23% from May 2010, the deadline for the first time home buyer tax credit had expired at the end of April at that time. Denver Metrolist data indicates that median home prices have not really changed much from last year.

Studies show that homesellers who use a Broomfield CO real estate agent to represent them generally get a better sales price than those who choose to sell the home themselves. A Broomfield CO REALTOR® is up-to-date on critical processes in the Broomfield CO real estate market and can help through the purchase or sale of a property. Feel free to call us if you need help with selling a home in the Denver metropolitan area.


Call Shaun Werkele at Homewerks with Keller Williams in Broomfield Colorado for a free comparative market analysis of the sold homes for your neighborhood or information in Broomfield, or any other neighborhood in the Denver metropolitan area. People are starting to look at real estate in Broomfield CO with a little more confidence. And the peak season is in full swing.

Denver Metrolist is metro Denver’s Multiple Listing Service, a data base of home sales activity for real estate professionals in the metro area. As always, call us at anytime you have a question, or if you are thinking of selling a home in Broomfield CO or you would like to buy real estate in Broomfield CO! 

Shaun Werkele 
Homewerks
303-250-4735 


Broomfield CO Homes For Sale Information for May 2011


Residential            
               
Month Homes Active Homes Sold Average Price Current Sold Current Average Monthly Median Year to Date
    For Month Sold Amount Sold Price Sold Price Median Sold
               
FEB 14,439 1,770 265,277 3,494 $271,516 $220,000 $220,000
MAR 14,975 2,527 $273,877 6,021 $272,507 $225,000 $220,000
APR 15,238 2,735 $271,969 8,756 $272,339 $222,000 $221,000
               
Condos and Townhouses        
               
Month Homes Active Homes Sold Average Price Current Sold Current Average Monthly Median Year to Date
      Sold Amount Sold Price Sold Price Median Sold
               
FEB 4,246 459 $155,656 891 $152,955 $124,780 $120,475
MAR 4,296 682 $159,853 1,573 $155,946 $120,000 $121,905
APR 4,315 694 $158,438 2,267 $156,709 $121,200 $120,000

Broomfield CO Homes For Sale Information
for May 2011 shows the number of homes for sale in the metro Denver area market climbed slightly from March to April, but stayed below average. There were 19,553 homes for sale during April, up 1 percent from March, but as compared to last year's listings 21,565 was down by 9.3% according to Denver Metrolist data. The first quarter of 2011 actually still shows some decrease in activity for home sales because we are still comparing the data for the buyers who purchased homes using the First Time Homebuyer Tax Credit. The number of homes placed under contract in April was down 28 percent from April 2010, when homebuyers were rushing to take advantage of an $8,000 tax credit. This economic stimulus measure expired last April, however we are seeing good numbers for home sales when that is considered.

Studies show that homesellers who use a Broomfield CO real estate agent to represent them generally get a better price than those who sell the home themselves. A Broomfield CO REALTOR® is up-to-date on critical processes in the Broomfield CO real estate market and can help through the purchase or sale of a property.

Denver & Broomfield area home sales rise 3.4% in March over February 2011 -This Month 4,749 homes were put under contract in comparison to last month 3,571. This translates to an increase of 33% as consumer confidence increased in April, so did the number of homes sold increase by 6.9% in metro Denver, according to data released. The selling price declined in comparison to last year due to the frenzy that was created by the deadline of the the FirstTime Homebuyer Tax Credit. People are starting to look at buying or selling a home in Denver, Broomfield, Brighton, Westminster, Thornton, Arvada and Lakewood with a little more confidence. And the peak season is approaching. Metrolist Inc. of Greenwood Village is metro Denver’s Multiple Listing Service, a data base of home sales activity for real estate professionals. As always, call us at anytime you have a question, or if you are thinking of selling a home in Broomfield CO or you would like to buy real estate in Broomfield CO!   Shaun Werkele Homewerks 303-250-4735.



houses in Brandywine Broomfield CO

Residential            
               
Month Homes Active Homes Sold Average Price Current Sold Current Average Monthly Median Year to Date
      Sold Amount Sold Price Sold Price Median Sold
               
Jan 14,450 2,422 $274,625 30,777 $282,080 $225,000 $235,000
Feb 14,456 1,724 $277,922 1,724 $277,922 $225,000 $225,000
Mar 14,439 1,770 $265,277 3,494 $271,516 $220,000 $220,000
               
Condos and Townhouses        
               
Month Homes Active Homes Sold Average Price Current Sold Current Average Monthly Median Year to Date
      Sold Amount Sold Price Sold Price Median Sold
               
Jan 4,417 602 $166,841 8,041 $161,005 $139,900 $136,000
Feb 4,348 432 $150,085 432 $150,085 $124,995 $124,995
Mar 4,246 459 $155,656 891 $152,955 $124,780 $120,475
Feb 4,348 432 $150,085 432 $150,085 $124,995 $124,995
Mar 4,246 459 $155,656 891 $152,955 $124,780 $120,475

.

Broomfield CO Homes For Sale information for the first quarter of 2011 actually shows some decrease in activity for home sales because we are still comparing the data for the buyers who purchased homes using the First Time Homebuyer Tax Credit. This economic stimulus measure expired last April, however we are seeing good numbers for home sales when that is taken into account. Studies show that homesellers who use a Broomfield CO real estate agent to represent them generally get a better price than those who sell the home themselves. A Broomfield CO REALTOR® is up-to-date on critical processes in the Broomfield CO real estate market and can help through the purchase or sale of a property.

Denver & Broomfield area home sales rise 3.4% in February over January 2011 - The Denver Post As consumer confidence increased in February, so did the number of homes sold in metro Denver, according to data released. The number of homes sold rose 3.4 percent in February to 2,229, compared with 2,156 the previous month, according to an analysis of Metrolist data. Meanwhile, the Conference Board’s Consumer Confidence Index, which had increased in January, improved further in February. The index stands at 70.4, up from 64.8 in January. People are starting to look at buying or selling a home in Denver, Broomfield, Brighton, Westminster, Thornton, Arvada and Lakewood with a little more confidence.

Feel free to call us at anytime with any question you might have or if you need help buying a home for sale anywhere in Denver, Broomfield and the metropolitan area, or you are thinking of selling a house!

Homewerks
303-250-4735