December was a big month for closings in Downtown Littleton…22 homes sold! A large jump from just 11 in November and 16 in October. I do believe some of this was a result of new lending regulations that rolled out in October pushing closings further out as the industry adjusted. Closings that should have happened in October or November may have been pushed to the end of the year to accommodate changes. None the less it’s great news for Downtown Littleton homeowners. While 22 homes closed only 11 new listings hit the market, not surprising for the holiday season, but still makes inventory even tighter and prices to continue to rise.
*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.