Centennial, Littleton, Greenwood Village Homes Sales - March 2008

Homes sales across the Denver metro area have been a bit slow, but they could be worse. There are areas of the Denver real estate market that are doing better than others all over the place - and this area is no exception. While lowered interest rates may have helped some that were tinkering with a moving decision, I don’t think as a whole it had that much influence on homes sales overall in this part of Denver. One thing that does strike me across the board is that the homes in the lower price ranges do continue to move a bit faster than the rest and I think we will see this trend continue.

The name of the game continues to be price and condition. But I don’t want to be a complete broken record. So I will add these thoughts - once you list - accept every single showing you possibly can. I am always amazed when a seller continually refuses showings. Of course there are times you must, but overall it should be the exception - not the rule. You will see below that the average Days on Market for this area is 96 - just over 3 months. Which really is not that bad at all. The spring buyers are out there - get your home on the market and let’s sell it!

This report includes all areas of the Denver MLS known as SSC - South Suburban Central: parts of Littleton, parts of Centennial, western parts of Greenwood Village and parts of Englewood - March 2008

South Suburban Central - Residential Real Estate - Single Family Homes

Total Active 562 
Average Asking Price $572,322 
New Listings 290 
Listings Back on Market 65 
Sold 103 
Average Price Actually Sold $306,523 
% of List Price 97% 
Days on Market 96 
Under Contract 152 
Expired Listings 30 

South Suburban Central - Condos & Town Homes

Total Active 238 
Average Asking Price $207,435 
New Listings 102 
Listings Back on Market 21 
Sold 28 
Average Price actually sold $161,866 
% of List Price 99% 
Days on Market 117 
Under Contract 53 
Expired Listings 13

*Statistics from MLS deemed accurate but not guaranteed. *These numbers may not include homes that are sold by owner (FSBO) and New Construction

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