Cherry Creek Real Estate Market Conditions & Reports, Cherry Creek Market Trends, Colorado

Market Commentary Provided by Amber Ekstrom

Report Date

Fall 2009

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Amber Ekstrom
Real Estate of the Rockies
Englewood, Colorado
720-231-0277
denversoldre@hotmail.com
Agent Home Page

Nearest Metro Area

Denver, CO

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$350,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

Move-up Buyers

Buyer Activity for the past 90 days in Cherry Creek is

Seller Activity for the past 90 days in Cherry Creek is

Is Financing Available For Qualified Buyers in Cherry Creek?

Existing Home Prices for the past 90 days are

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

Housing Hot Spots

Reason to Buy/Sell

Job Growth

Average Sold Price

$350,000 - 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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