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Sunday, January 1, 2012

Our Real Estate Market Remains Hot - Over 1/3 of Denver Listings Are Under Contract

My monthly analysis of Metrolist data shows that the market hardly skipped a beat during the holiday season, and at year's end over a quarter of MLS inventory was under contract.  The region's two major cities came in much higher, with 34.2% of Denver listings under contract (up from 32.4% after Thanksgiving) and 48.9% of Aurora listings under contract (down from 52.6% on Nov. 30th).  Here in Jefferson county, 32.3% of non-foothills listings were under contract at year's end, but only 15.6% of foothills listings were under contract.  Here's a chart showing the figures for the entire metro area:

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