Denver Area Sales Activity, December 2012

Here are the Sales stats for the Denver Metro Area in December 2012.  Looks like the market ended the year with continuing good news for homeowners!  Although, sales activity for Single Family Homes did slow down a bit compared to November (decreases in the number of Actives, Pending, Under Contract, and Sold), the average sold price did increase by 1.49%.   The decrease in activity in December is most likely due to the holidays.

If we look at the sales activity for December compared to a year ago, we see that we closed out the year with almost 30% fewer homes on the market than last December, 8-9% more homes under contract and sold, and an average sold price up more than 14% over this time last year.  Homes that are on the market are selling much faster than this time last year, with a decrease in Days on Market (DOM) of 31.78%!    The Real Estate market ended 2012 with a bang!  What a way to ring in the New Year!

Source: Denver Metrolist mls