Denver Area Real Estate Market Stats for January 2013

Below is a summary of the real estate market statistics for the Denver Metro area for the month of January 2013.  Looks like activity is picking up for Single Family homes (Residences and Condos) after the holidays.   Although the number of houses on the market, and those that closed in January were down compared to December, the number of homes that went under contract in January increased by 43% .

Compared to this time last year, the market is still on the rise.  The number of active listings is down 32% (supply is down), the number under contract is up 27% (demand is up) , the days on market is down 25% to an average of only 78 days (get them while they are hot), and the average sold price is up more than 10% higher over this time last year.