In October in Southern Hills we saw 8 new homes come on the market and 6 properties sell. While the number of sales is down slightly from September of this year, we’re actually remaining fairly steady from an inventory perspective as we speed toward the holiday season.
Consistent with the general pace of real estate in 2015, compared to last year at this time, our days-to-contract (i.e. the number of days from MLS listing to contract) is down. The three-month average from August – October in 2014 was 31 days to close, while this year we are at 21 days. What does that mean? It means that if you’re a buyer in this market, you need to be prepared to move quickly eve
As we get into the fall months in Southern Hills, we’re seeing the number of new listings drop. We saw 14 new listings in July, 11 in August and only 7 in September. This is a fairly typical seasonal pattern echoed around Denver, but maybe a bit more exaggerated here in Southern H...
This month we’re actually experiencing the most balanced market we’ve seen all year in Southern Hills. What does that mean? It means that the supply of homes on the market is actually keeping pace with the demand. Part of this is due to the fact that as of today, of the 14 active single f...
