Belcaro and Cory-Merrill Real Estate Market Conditions & Reports, Belcaro and Cory-Merrill Market Trends, Colorado

Market Commentary Provided by Marina Bay
If you can qualify, now is an exceptional time to buy a home in Belcaro and Cory-Merrill. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 303-880-6167

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Marina Bay
Cherry Creek Properties
Greenwood Village, Colorado
303-880-6167
baymarina@msn.com
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Nearest Metro Area

Denver

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$650,000 - View Graph Trend

Best Selling Price Range

$300,000 - $349,000

Worst Selling Price Range

$1,000,000+

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Belcaro and Cory-Merrill is

Increasing

Seller Activity for the past 90 days in Belcaro and Cory-Merrill is

Increasing

Is Financing Available For Qualified Buyers in Belcaro and Cory-Merrill?

Yes

Existing Home Prices for the past 90 days are

No Change

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Wash Park, Cherry Creek

Reason to Buy/Sell

Bonnie Brae, Belcaro and Cory-Merrill continues to attract local and relocation buyers due to desirability of the location, proximity to shops, restaurants, light rail, Downtown, variety of styles homes and price ranges!

Average Sold Price

$650,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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