Carbondale Real Estate Market - View Carbondale Real Estate Market Trends in Colorado

Spring 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Carbondale. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 970-319-4803
Average Home Price	$400,000 - View Graph Trend

Average Price Compared to Last Year	Down 15-20%

Average Time on Market	More than 120 days

Best Selling Price Range	$250,000 - $299,000

Worst Selling Price Range	$800,000 - $849,000

Prices As % of Asking Price	80-85%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Carbondale is	Increasing

Seller Activity for the past 90 days in Carbondale is?	Decreasing

Multiple Offers?	No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	In order to get financing lenders are looking at a few factors: 1. Having 20-30% down payment. 2. A credit score of 650 and above. 3. A steady job with a steady income. I know this because I am an active buyer in this market. My advice is if your thinking of buying and wondering what kind of financing you are qualified for go and interview a few different lenders and compare interest rates. If you’re not qualified to get a loan there are other options. 1. Look for sellers that offer owner financing. 2. Find out what it is that is holding you back from getting a loan and work on slowly fixing it so in the future you will be qualified.

Housing Inventory	Good supply - Some Prices

Inventory Comments	As of 2/2012 there are currently 92 ’single family homes’ on the market in Carbondale, CO. The price range: $149,000-$8,900,000. Of the 88 single family homes on the market 14 are currently under contract. There are 37 Condo/Town-homes on the market with a price range of $104,000-1,075,000. Of the 37 Condo/Town-homes on the market, 12 are currently under contract. If you would like additional information please feel free to contact me.

Greatest Activity	Investors

Reason to Buy/Sell	There are many great reasons to consider purchasing property in Carbondale, CO. For one, lower prices with good selection and competitive interest rates creates a perfect time to buy. With great places to eat in town, friendly vibe, and one of the best places to play golf in the summer at River Valley Ranch and Aspen Glen.

Nearest Metro Area	Denver

Housing Hot Spots	Most cities within the Garfield County area are considered ’Housing Hotspots’

Average Sold Price	$400,000 - View Graph Trend

Carbondale Local News

Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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