From The Desk of Chris Mygatt - Issue April 2008

Quick Stats & Figures

Real Estate Stats March 2008

Here are the numbers for the month of March as reported by the MLS for the Denver marketplace as a whole. Totals properties closed in March was down by just over 13% and the average sales price was also down by nearly 8%. The Million dollar properties saw a significant drop from February with a 25% decrease in the month of March it appears that no market segments are immune to current economic pressures. The good news for our market it the trend of a decreasing inventory Listing inventory was down by three and a half percent. Despite the market numbers, we're seeing increased activating, showings are up and I'm confident with spring in full swing we're sure to see business continue to pick up a bit.