Home prices up in Colorado
According to a new report by Core Logic, Colorado home prices are up 8.3%. The statistic, meant specifically for single family homes, shows that those who are looking to sell properties are likely to get more value from their homes than they had previously bargained for.
By the Numbers
$22403 - The increase in the average sale price from Jan. 2013 to Jan. 2014. - recolorado.com
66 - The average days on market in Jan. 2014. Down from 73 in Jan. 2013. - recolorado.com
5,685 - The number of new listings in Jan. 2014 down from 6,025 in Jan. 2013. - recolorado.com
$379,195 - The average list price in Jan. 2014, up from $342,866 in Jan. 2013. - recolorado.com
22.7% - The increase in sales from Jan. 2013 (2,850) to Jan. 2014 (3,690). - recolorado.com
33% - The percent of sales that were all cash in Jan. 2014, up from 28% in Jan. 2013 - realtor.org
26% - The percent of home buyers in Jan. 2013 that were purchasing for the first time. - realtor.org
Sources: Denver Metrolist, Freddie Mac, Colorado Department of Labor and Employment Based on Information from Metrolist, Inc. for the period 1-1-2013 through 2-1-2014.