MARKET REPORT – DENVER REAL ESTATE – DENVER SOUTH EAST – APRIL 2008

Real estate inventory in Denver south east is up – but activity is as well.

Homes sold in the area in April has increased as has Denver homes sales that are pending. As in all parts of the Denver real estate market, certain neighborhoods are going to do better than others based on location and amenities but the bottom line is going to remain the same throughout the summer. Pricing will remain crucial for your Denver home to sell.

This is not the time (and hasn’t been in awhile) to see what you can get. To get qualified buyers into your home you need to be completely accurate on your price and then once they are there – it needs to be the best one the have seen. Do your maintenance, spruce your home up as best you can and keep it that way. Look at curb appeal from the moment they get out of the car and make sure your Denver home shines.

Here are the DSE – Denver South East numbers for April 2008 -

Denver South East Denver South East – Residential Real Estate – Single Family Homes

Total Active 1751 
Average Asking Price Price $735,182 
New Listings 987 
Listings Back on Market 146 
Sold 235 
Average Price Actually Sold $449,787 
% of List Price 96% 
Days on Market 108 
Under Contract 353 
Expired Listings 67 

Denver South East Condos & Town Homes

Total Active 1431 
Average Asking Price $375,397 
New Listings 636 
Listings Back on Market 117 
Sold 181 
Average Price actually sold $250,782 
% of List Price 98% 
Days on Market 129 
Under Contract 275 
Expired Listings 71

*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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