January 2010 Stats
written by Fauna MacKillip
Last Updated: Friday, February 19, 2010
Here are the January 2010 Stats
| |
Jan 2010 |
Prior Month |
Year Ago |
| Single Family (Res + Cond) |
| Active |
17,465 |
6.13 |
-11.56 |
| Pending |
320 |
- |
- |
| Under Contract |
3,690 |
21.86 |
-3.68 |
| Sold |
2,353 |
-20.48 |
-4.70 |
| Avg DOM |
89 |
-0.10 |
-11.71 |
| Avg Sold Price |
$238,155 |
-6.93 |
11.64 |
| Residential |
| Active |
13,030 |
6.25 |
-13.40 |
| Pending |
275 |
- |
- |
| Under Contract |
2,883 |
21.59 |
-8.01 |
| Sold |
1,841 |
-20.92 |
-5.25 |
| Avg DOM |
90 |
2.27 |
-9.09 |
| Avg Sold Price |
$260,530 |
-7.53 |
12.84 |
| Condominium |
| Active |
4,435 |
5.77 |
-5.66 |
| Pending |
45 |
- |
- |
| Under Contract |
807 |
22.83 |
15.78 |
| Sold |
512 |
-18.86 |
-2.66 |
| Avg DOM |
85 |
-8.60 |
-20.56 |
| Avg Sold Price |
$157,701 |
-1.68 |
6.19 |
© 1998-2010 Metrolist, Inc. All rights reserved.
November 09 Statistics and insight
written by Fauna MacKillip
Last Updated: Tuesday, December 22, 2009
Here are the Stats for November 09. These numbers don't reflect the trend that is being seen nationwide, but the recent stability of them support a stabilizing effect of the federal support that helped pull the housing market back from the largest single downturn since the Great Depression.
Characteristically, there has been a great deal of momentum in all price ranges that has been fueled by the abundance of short sales which are providing a strong value to those that are ot in need of a new home right away and are willing to work through the process which could take 6 months or more.
If you would like to explore the possibilities of purchasing a short sale, just give me a call and I'll be glad to help you with your housing needs. - Fauna
| |
|
% Change vs |
| |
NOV 09 |
Prior Month |
Year Ago |
| Single Family (Res + Cond) |
| Active |
18,061 |
-4.67 |
-17.00 |
| Under Contract |
3,444 |
-29.86 |
-5.31 |
| Sold |
3,599 |
-9.07 |
23.25 |
| Avg DOM |
81 |
-12.77 |
-13.49 |
| Avg Sold Price |
$238,852 |
0.02 |
5.27 |
| Residential |
| Active |
13,575 |
-5.57 |
-19.08 |
| Under Contract |
2,727 |
-28.24 |
-6.71 |
| Sold |
2,751 |
-9.86 |
16.82 |
| Avg DOM |
79 |
-14.13 |
-15.05 |
| Avg Sold Price |
$265,498 |
1.42 |
9.46 |
| Condominium |
| Active |
4,486 |
-1.82 |
-10.03 |
| Under Contract |
717 |
-35.41 |
0.42 |
| Sold |
848 |
-6.40 |
50.09 |
| Avg DOM |
88 |
-10.20 |
-9.28 |
| Avg Sold Price |
$152,409 |
-5.60 |
-5.70 |
© 1998-2009 Metrolist, Inc. All rights reserved.
October 2009 Monthly Summary Report
written by Fauna MacKillip
Last Updated: Tuesday, December 01, 2009
Here is the October Monthly Summary Report
| |
OCT 09 |
Prior Month |
Year Ago |
| Single Family (Res + Cond) |
| Active |
18,945 |
-4.48 |
-18.06 |
| Under Contract |
4,910 |
-6.08 |
9.01 |
| Sold |
3,958 |
2.91 |
-7.57 |
| Avg DOM |
93 |
-2.74 |
-1.59 |
| Avg Sold Price |
$238,807 |
-4.90 |
2.81 |
| Residential |
| Active |
14,376 |
-4.45 |
-19.43 |
| Under Contract |
3,800 |
-5.68 |
4.14 |
| Sold |
3,052 |
1.70 |
-9.86 |
| Avg DOM |
92 |
-4.17 |
-1.08 |
| Avg Sold Price |
$261,771 |
-4.61 |
4.64 |
| Condominium |
| Active |
4,569 |
-4.57 |
-13.43 |
| Under Contract |
1,110 |
-7.42 |
29.82 |
| Sold |
906 |
7.22 |
1.12 |
| Avg DOM |
98 |
1.03 |
-3.92 |
| Avg Sold Price |
$161,451 |
-4.06 |
-1.96 |
© 1998-2009 Metrolist, Inc. All rights reserved.
Homebuyer Tax Credit Program to be Extended
written by Fauna MacKillip
Last Updated: Thursday, October 29, 2009
It appears that the US Senate is going to extend the Homebuyer credit program through April 30th, 2010 and expand it to include homeowners that have lived in their home for at least 5 years and have a combined annual incomes of up to $225,000 and for single homeowners up to $125,000.
Though the credits will be reduced to $6,500 for existing homeowners, first tiem homebuyers will still be able to claim the original $8,000 credit that was offered in the original program. This extension of the tax credit program will help to extend the current increase in home sales. As I had mentioned in a previous post, pre-existing home sales have been improving, however, recent statistics have shown new homesales have begun to show a slowdown. - Fauna
Good News for a Change??
written by Fauna MacKillip
Last Updated: Sunday, October 25, 2009
The National Association of Realtors (NAR) latest report on the housing market shows a bit of an improvement.
Their report for September 09 showed a national increase of 9.4% from the previous month (August 09) and they continued to say that current sales activity is at the highest level since July 07.
Good news?? I’m not sure. These numbers are obviously being skewed by the First Time Buyer incentive program that will be expiring here on the 30th of November, at which time I expect to see a general slowdown in home sales unless the program is extended.
If you want to take advantage of the program, we need to be under contract asap. Some lenders are reporting that they may not be able to get the loans closed due to the current volume of loans in progress. Call me for more information. – Fauna MacKillip
Awards... Are they a measure of success?
written by Fauna MacKillip
Last Updated: Friday, October 16, 2009
I recently went on a listing appointment and the seller was very interested in what kind of awards I had won. It was a simple request and he just wanted to know as a way of measuring my success at selling real estate. I gave him a really good answer, but I don’t think it was what he was expecting.
You see, I personally think that awards are meaningless. I learned early on that a walnut plaque doesn’t do anything for my customers, in fact the only thing an award is good for is getting to go to the dinner that they present them at. Sometimes it is a really great party, but otherwise it is meaningless.
The problem is that real estate companies make award categories so just about everyone will win some kind of an award. The agent feels good, the company maintains their rah, rah, and the public can be impressed. But I think there is a far better standard to measure success with…. SOLD statistics.
Let’s put it this way, I think the best award I can receive is having a SOLD sign in your yard. I’ve had the good fortune of selling over 1,000 homes in my career of over 20 years, and that is really where the story is. Hard work, a great marketing program, and the ability to be where the buyers are… Now that is an award worth having.
Oh… I did get the listing and another SOLD sign too! Geez.... more awards. - Fauna
How to know if an agent is a secret agent?
written by Fauna MacKillip
Last Updated: Friday, October 16, 2009
Have you ever wondered about how good a real estate agent really is? I mean how do you measure their sales and marketing skills? One way is seeing the awards and accolades that they have received, or maybe a list of the homes they have sold.
Actually, I have a far easier way for you to see all of the marketing that they have done to sell homes, and you can do it right from the comfort of your computer. Google them. That’s right. Just go to Google, Bing, or Yahoo and search for their name. Those that have done any kind of marketing will show up there. The more marketing that they have done, the more entries there will be.
I expect most agents to have at least one entry, but successful agents will have more. If you were to Google my name Fauna MacKillip, you will see dozens of pages of entries containing marketing for homes, movies, virtual tours, blogs, websites and more.
No, I’m not an internet junkie, I just sell a lot of homes, and I’m really good at being where the buyers are. Maybe you should just call me first so I can show you how to Buy with Confidence, and Sell with Experience!” - Fauna
September 2009 Statistics
written by Fauna MacKillip
Last Updated: Tuesday, October 13, 2009
Here are the September 2009 statistics for the Denver Metro Area. The biggest thing to look at is that the overall average sold price is pretty stable, but the number of units that are available for sale has dropped significantly. I'm not sure what to make of that drop, but is noteworthy.
| |
SEP 09 |
Prior Month |
Year Ago |
| Single Family (Res + Cond) |
| Active |
19,834 |
-1.93 |
-17.09 |
| Under Contract |
5,228 |
-0.38 |
-0.78 |
| Sold |
3,846 |
-1.51 |
-9.82 |
| Avg DOM |
96 |
2.36 |
-0.27 |
| Avg Sold Price |
$251,112 |
0.04 |
4.88 |
| Residential |
| Active |
15,046 |
-1.67 |
-18.65 |
| Under Contract |
4,029 |
-1.88 |
-5.04 |
| Sold |
3,001 |
-2.12 |
-10.84 |
| Avg DOM |
96 |
2.13 |
1.05 |
| Avg Sold Price |
$274,433 |
0.17 |
5.50 |
| Condominium |
| Active |
4,788 |
-2.74 |
-11.77 |
| Under Contract |
1,199 |
4.99 |
16.86 |
| Sold |
845 |
0.72 |
-6.01 |
| Avg DOM |
97 |
-1.02 |
-4.90 |
| Avg Sold Price |
$168,288 |
0.72 |
3.91 |
© 1998-2009 Metrolist, Inc. All rights reserved.
Colder Temperatures are on the way
written by Fauna MacKillip
Last Updated: Sunday, October 04, 2009
Ok... I'm not trying to be a pest here because everybody knows it is going to be colder.... Right? Fall is upon us and with the bright colors, and cooler nights, it is time to think about winterizing your sprinkler system. Well.. I forgot a couple of years ago and we paid the price with a frozen valve and it was expensive to fix.
The fact is that the colder temperatures will freeze the main anti-siphon valve in your system, and repairs can be costly. Valves and their replacement can run about $150.00 while having your system blown out will run way less than that. I purchased an air compressor many years ago and my husband does the process in about 30 minutes. He actually spends more time waiting for the compressor to keep up than the actual draining process.
Ok... you are reminded... while you are at it unhook your hoses from their respective hose bibs. They can freeze the bib if it gets too cold. Have Fun! - Fauna
I have buyers for the following areas
written by Fauna MacKillip
Last Updated: Sunday, October 04, 2009
I have sevral buyers that have been looking for homes in specific areas. These buyers have seen all of the homes currently on the market and these homes are not quite right for them.
If you are in any of these areas and are planning on selling your home soon, please call me... I might have a buyer for you now...
Southwest - Governors Ranch, Grant Ranch, BoWMar, Vintage Reserve, Coventry,
Littleton - Southbridge, Pennisula
Please call if you are in one of these areas and are thinking of selling.... I might just have a buyer for you! - Fauna
Quick Update on First Time Buyer Stimulus Program
written by Fauna MacKillip
Last Updated: Tuesday, September 15, 2009
The first time homebuyer incentives are getting close to the end of the program. If you are interested in trying to get a home with this program, you will need to hurry. All homes purchased under the program need to be completely closed prior to the official end of the program on November 30th.
If you need informatio on how to have this program work for you, you might want to give me a call so we can get you started. The best number to reach me at is 303-798-8700. - Fauna
August 09 Sales Stats
written by Fauna MacKillip
Last Updated: Monday, September 14, 2009
Here is the quick summary for the month of August 2009. Sales activity has been slowly increasing and should continue through the month of October. Then we will start into the seasonal decline months of November, December, and January. Those months combined will only comprise aproximately 21% of the total annual sales volume, but compared to last year, we are still expecting the growth to continue at around a 2-3% rate. - Fauna
| |
|
% Change vs |
| |
AUG 09 |
Prior Month |
Year Ago |
| Single Family (Res + Cond) |
| Active |
20,225 |
-3.18 |
-17.94 |
| Under Contract |
5,248 |
-0.72 |
-6.12 |
| Sold |
3,905 |
-12.05 |
-14.02 |
| Avg DOM |
95 |
-5.14 |
-3.68 |
| Avg Sold Price |
$251,008 |
-0.68 |
-3.87 |
| Residential |
| Active |
15,302 |
-3.34 |
-19.67 |
| Under Contract |
4,106 |
-2.19 |
-7.58 |
| Sold |
3,066 |
-12.00 |
-14.38 |
| Avg DOM |
94 |
-4.08 |
-3.09 |
| Avg Sold Price |
$273,972 |
-0.97 |
-3.71 |
| Condominium |
| Active |
4,923 |
-2.71 |
-12.06 |
| Under Contract |
1,142 |
4.96 |
-0.44 |
| Sold |
839 |
-12.24 |
-12.70 |
| Avg DOM |
98 |
-10.09 |
-5.77 |
| Avg Sold Price |
$167,090 |
0.94 |
-3.87 |
© 1998-2009 Metrolist, Inc. All rights reserved.
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