Brinkman Partners

June 2012 Real Estate Market Update

Date: Jul. 11th, 2012
Contact: Ryan Sondrup Phone: 720-989-8796

June - 2012 Real Estate Market Update

Thanks to Shari Canon with Land Title for providing us with Real Estate Data for the Denver Metro Area.  For a full report: http://ht.ly/cblbE

Entire MLS (All Areas)
Residential Highlights
• 20.8% increase in number of closed sales compared to June 2011 (3,981)
• 16.8% increase in number of closed sales year-to-date (17,628)
• - 48.4% reduction in absorption rate (2.2months)
• 11% average increase in price for homes sold ($324,497)
Condo Highlights
• 17.6% increase in number of closed sales compared to June 2011 (923)
• 12.9% increase in number of closed sales year-to-date (4,232)
• - 59.2% reduction in absorption rate (2 months)
• 14.6% average increase in price for condos sold ($181,578)