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From The Desk of Chris Mygatt - March 2008


Quick Stats & Figures

February 2008 Real Estate Stats

February Numbers for the Denver Market

Let's quickly look at the numbers for the month of February as reported by the MLS for the Denver marketplace as a whole. Total properties closed in February dropped 2.9% which is certainly an improvement over January. The average sales price saw a tenth of a percent drop from January which is a reflection of the foreclosures pulling down average sales prices. The Million dollar properties saw a significant jump from January with an increase of nearly 18 percent. And listing inventory was up only slightly by two tenths of a percent. All-in-all we're seeing record showings and improved activity which is a good sign.

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