Category Archives: Seller Information
National Flood Insurance Program
Congress has extended the National Flood Insurance Program for five years. President Obama signed the bill on July 6, 2012.
The bill is a great help to homeowners, homesellers, homebuyers and businesses.
Since 2008, the insurance program has been extended by only a few months at a time.
Mortgages on homes in flood zones cannot be made without flood insurance. In June of 2010, 4o,000 home sales were interrupted because the program lapsed.
If you’d like more information on flood insurance please click here. The program is administered through FEMA, and this link will take you to their flood insurance page.
to sell or buy, call… DEBBIE PALLAI 303-883-8837 Brokers Guild Cherry Creek, Ltd. debpallai@comcast.netDenver Real Estate Market Improves
According to Metrolist©, Denver metro area home sales are up 20% over last year’s numbers and 6% over last month. Average days on market fell 8% over a year ago.
Inventory is down dramatically from 2011 levels.
Pie charts reprinted from Metrolist © 2012.
Metrolist Statistics June 2012
to sell or buy, call…
DEBBIE PALLAI
303-883-8837
Brokers Guild Cherry Creek, Ltd.
debpallai@comcast.net
www.debpallai.com
Metrolist Statistics May 2012
© 1998-2012 Metrolist, Inc. All rights reserved.
to
to sell or buy, call… DEBBIE PALLAI 303-883-8837 Brokers Guild Cherry Creek, Ltd. debpallai@comcast.net www.debpallai.comMetrolist Statistics July 2011
| % Change vs | |||
| JULY 2011 | Prior Month | Year Ago | |
| Single Family (Res + Cond) | |||
| Active | 17,583 | -2.46 | -25.02 |
| Pending | 1,520 | -2.17 | 214.70 |
| Under Contract | 4,250 | -10.73 | 11.61 |
| Sold | 3,835 | -6.00 | 17.67 |
| Avg DOM | 101 | -2.88 | 17.44 |
| Avg Sold Price | $270,066 | 1.34 | 0.13 |
| Residential | |||
| Active | 14,014 | -1.41 | -22.07 |
| Pending | 1,215 | -0.82 | 217.23 |
| Under Contract | 3,386 | -11.55 | 11.02 |
| Sold | 3,082 | -6.46 | 17.10 |
| Avg DOM | 99 | 0.00 | 17.86 |
| Avg Sold Price | $298,654 | 2.20 | 0.48 |
| Condominium | |||
| Active | 3,569 | -6.35 | -34.72 |
| Pending | 305 | -7.29 | 205.00 |
| Under Contract | 864 | -7.40 | 13.98 |
| Sold | 753 | -4.08 | 20.10 |
| Avg DOM | 109 | -12.80 | 17.20 |
| Avg Sold Price | $153,058 | -3.41 | -0.75 |
© 1998-2011 Metrolist, Inc. All rights reserved.
Metrolist Statistics May 2011
| % Change vs | |||
| MAY 2011 | Prior Month | Year Ago | |
| Single Family (Res + Cond) | |||
| Active | 17,888 | 0.23 | -16.54 |
| Pending | 1,685 | -1.23 | 189.02 |
| Under Contract | 4,777 | 0.59 | 23.02 |
| Sold | 3,732 | 8.84 | -14.50 |
| Avg DOM | 109 | -2.68 | 43.42 |
| Avg Sold Price | $257,177 | 3.29 | 3.65 |
| Residential | |||
| Active | 13,958 | 0.61 | -14.54 |
| Pending | 1,341 | -1.69 | 172.56 |
| Under Contract | 3,858 | -0.52 | 22.91 |
| Sold | 3,036 | 11.01 | -11.12 |
| Avg DOM | 108 | -0.92 | 44.00 |
| Avg Sold Price | $279,443 | 2.75 | 2.25 |
| Condominium | |||
| Active | 3,930 | -1.08 | -22.94 |
| Pending | 344 | 0.58 | 278.02 |
| Under Contract | 919 | 5.51 | 23.52 |
| Sold | 696 | 0.29 | -26.66 |
| Avg DOM | 113 | -8.13 | 43.04 |
| Avg Sold Price | $160,051 | 1.02 | 1.58 |
© 1998-2011 Metrolist, Inc. All rights reserved.
Metrolist Statistics February 2011
| % Change vs | |||
| FEB 2011 | Prior Month | Year Ago | |
| Single Family (Res + Cond) | |||
| Active | 17,358 | -2.97 | -8.01 |
| Pending | 1,327 | 45.19 | 176.46 |
| Under Contract | 3,693 | 17.35 | -16.33 |
| Sold | 2,229 | 3.39 | -8.50 |
| Avg DOM | 124 | 3.53 | 30.18 |
| Avg Sold Price | $242,704 | -3.81 | -1.93 |
| Residential | |||
| Active | 13,393 | -2.34 | -4.73 |
| Pending | 1,046 | 40.97 | 168.89 |
| Under Contract | 2,953 | 17.46 | -14.63 |
| Sold | 1,770 | 2.67 | -7.48 |
| Avg DOM | 123 | 2.50 | 33.70 |
| Avg Sold Price | $265,277 | -4.55 | -1.64 |
| Condominium | |||
| Active | 3,965 | -5.05 | -17.58 |
| Pending | 281 | 63.37 | 208.79 |
| Under Contract | 740 | 16.90 | -22.51 |
| Sold | 459 | 6.25 | -12.24 |
| Avg DOM | 129 | 4.88 | 19.44 |
| Avg Sold Price | $155,656 | 3.71 | -6.35 |
© 1998-2011 Metrolist, Inc. All rights reserved.
Metrolist Statistics January 2011
| % Change vs | |||
| JAN 2011 | Prior Month | Year Ago | |
| Single Family (Res + Cond) | |||
| Active | 17,890 | -2.01 | 2.43 |
| Pending | 914 | 49.84 | 185.63 |
| Under Contract | 3,147 | 16.90 | -14.72 |
| Sold | 2,156 | -28.70 | -8.37 |
| Avg DOM | 121 | 4.87 | 35.64 |
| Avg Sold Price | $252,307 | -0.34 | 5.94 |
| Residential | |||
| Active | 13,714 | -1.63 | 5.25 |
| Pending | 742 | 45.78 | 169.82 |
| Under Contract | 2,514 | 17.92 | -12.80 |
| Sold | 1,724 | -28.82 | -6.36 |
| Avg DOM | 120 | 8.11 | 33.33 |
| Avg Sold Price | $277,922 | 1.20 | 6.68 |
| Condominium | |||
| Active | 4,176 | -3.24 | -5.84 |
| Pending | 172 | 70.30 | 282.22 |
| Under Contract | 633 | 13.04 | -21.56 |
| Sold | 432 | -28.24 | -15.63 |
| Avg DOM | 123 | -6.82 | 44.71 |
| Avg Sold Price | $150,085 | -10.04 | -4.83 |
© 1998-2011 Metrolist, Inc. All rights reserved.
Metrolist Statistics November 2010
| % Change vs | |||
| NOV 2010 | Prior Month | Year Ago | |
| Single Family (Res + Cond) | |||
| Active | 19,881 | -6.92 | 10.08 |
| Pending | 511 | 4.07 | – |
| Under Contract | 3,101 | -16.32 | -9.96 |
| Sold | 2,666 | -6.19 | -25.92 |
| Avg DOM | 111 | 8.10 | 37.25 |
| Avg Sold Price | $258,597 | -1.20 | 8.27 |
| Residential | |||
| Active | 15,232 | -7.53 | 12.21 |
| Pending | 427 | 10.91 | – |
| Under Contract | 2,482 | -16.06 | -8.98 |
| Sold | 2,142 | -6.05 | -22.14 |
| Avg DOM | 108 | 5.88 | 36.71 |
| Avg Sold Price | $281,466 | -1.94 | 6.01 |
| Condominium | |||
| Active | 4,649 | -4.87 | 3.63 |
| Pending | 84 | -20.75 | – |
| Under Contract | 619 | -17.36 | -13.67 |
| Sold | 524 | -6.76 | -38.21 |
| Avg DOM | 125 | 13.64 | 42.05 |
| Avg Sold Price | $165,113 | 3.77 | 8.34 |
© 1998-2010 Metrolist, Inc. All rights reserved.
No Home Too BIG or small 