February Home Sales Improve in Colorado
February Home Sales Improve in Colorado
February Home Sales Improve in Colorado
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April 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Colorado improved in February while home prices were mixed, improving for condominiums but declining for single-family homes, according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 4,576 existing homes and condos were sold in the Centennial State in February. That was 5.2 percent higher than the 4,348 homes sold in January and 16.9 percent higher than the 3,914 homes sold in February 2011.

Sales of detached single-family homes accounted for 3,746 of the total sales in February, up 4.9 percent from 3,570 sales in January and 17.6 percent higher than the 3,185 detached homes sold in February of 2011.

The median sales price for a detached single-family home in February was $183,333, which was 8.8 percent lower than the sales price of $201,058 posted in January and 5.0 percent lower than the sales price of $193,056 in February of last year.

Of the 23 local associations that reported single-family home sales, twenty of the associations reported sales had increased or were unchanged from a year ago. Cortez (+59%) posted the largest increase in sales among the associations who reported 20 or more home sales while Royal Gorge (-7%) posted the largest decline.

The Metro District reported the most single-family home sales in February with 2,036 units sold, up 12 percent from a year ago.

Condominium sales accounted for 830 of the total sales in February, up from the 778 sales in January and 13.9 percent higher than the 729 condos sold in February of 2011.

The median sales price for a condo in February was $123,542, which was 16.7 percent higher than the sales price of $105,833 in January but 5.0 percent lower than the sales price of $130,000 for a condo in February of last year.

Of the 15 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Montrose (+93%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Fort Collins (-68%) posted the largest decline.

The Metro District also reported the most condo sales in February with 531 units sold, up 11 percent from a year ago.

Tags: existing homes, condos, sales, median home prices, Colorado

Source:
Colorado Association of Realtors®

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April 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Colorado improved in February while home prices were mixed, improving for condominiums but declining for single-family homes, according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 4,576 existing homes and condos were sold in the Centennial State in February. That was 5.2 percent higher than the 4,348 homes sold in January and 16.9 percent higher than the 3,914 homes sold in February 2011.

Sales of detached single-family homes accounted for 3,746 of the total sales in February, up 4.9 percent from 3,570 sales in January and 17.6 percent higher than the 3,185 detached homes sold in February of 2011.

The median sales price for a detached single-family home in February was $183,333, which was 8.8 percent lower than the sales price of $201,058 posted in January and 5.0 percent lower than the sales price of $193,056 in February of last year.

Of the 23 local associations that reported single-family home sales, twenty of the associations reported sales had increased or were unchanged from a year ago. Cortez (+59%) posted the largest increase in sales among the associations who reported 20 or more home sales while Royal Gorge (-7%) posted the largest decline.

The Metro District reported the most single-family home sales in February with 2,036 units sold, up 12 percent from a year ago.

Condominium sales accounted for 830 of the total sales in February, up from the 778 sales in January and 13.9 percent higher than the 729 condos sold in February of 2011.

The median sales price for a condo in February was $123,542, which was 16.7 percent higher than the sales price of $105,833 in January but 5.0 percent lower than the sales price of $130,000 for a condo in February of last year.

Of the 15 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Montrose (+93%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Fort Collins (-68%) posted the largest decline.

The Metro District also reported the most condo sales in February with 531 units sold, up 11 percent from a year ago.

Tags: existing homes, condos, sales, median home prices, Colorado

Source:
Colorado Association of Realtors®

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
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REVIEW YOUR OFFERS
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NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
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April 9, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums in Colorado improved in February while home prices were mixed, improving for condominiums but declining for single-family homes, according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 4,576 existing homes and condos were sold in the Centennial State in February. That was 5.2 percent higher than the 4,348 homes sold in January and 16.9 percent higher than the 3,914 homes sold in February 2011.

Sales of detached single-family homes accounted for 3,746 of the total sales in February, up 4.9 percent from 3,570 sales in January and 17.6 percent higher than the 3,185 detached homes sold in February of 2011.

The median sales price for a detached single-family home in February was $183,333, which was 8.8 percent lower than the sales price of $201,058 posted in January and 5.0 percent lower than the sales price of $193,056 in February of last year.

Of the 23 local associations that reported single-family home sales, twenty of the associations reported sales had increased or were unchanged from a year ago. Cortez (+59%) posted the largest increase in sales among the associations who reported 20 or more home sales while Royal Gorge (-7%) posted the largest decline.

The Metro District reported the most single-family home sales in February with 2,036 units sold, up 12 percent from a year ago.

Condominium sales accounted for 830 of the total sales in February, up from the 778 sales in January and 13.9 percent higher than the 729 condos sold in February of 2011.

The median sales price for a condo in February was $123,542, which was 16.7 percent higher than the sales price of $105,833 in January but 5.0 percent lower than the sales price of $130,000 for a condo in February of last year.

Of the 15 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Montrose (+93%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Fort Collins (-68%) posted the largest decline.

The Metro District also reported the most condo sales in February with 531 units sold, up 11 percent from a year ago.

Tags: existing homes, condos, sales, median home prices, Colorado

Source:
Colorado Association of Realtors®

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.