Spring Home Sales Rise in Colorado
Spring Home Sales Rise in Colorado
Spring Home Sales Rise in Colorado
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Spring Home Sales Rise in Colorado

May 11, 2012 (Shirley Allen)

The positive effects of the spring home buying season were felt in Colorado as monthly sales of existing single-family homes and condominiums surged in March while home prices remained mixed according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 6,173 existing homes and condos were sold in the Centennial State in March. That was 34.9 percent higher than the 4,576 homes sold in February and 6.1 percent higher than the 5,817 homes sold in March 2011.

Sales of detached single-family homes accounted for 5,055 of the total sales in March, up 34.9 percent from 3,746 sales in February and 6.6 percent higher than the 4,748 detached homes sold in March of 2011.

The median sales price for a detached single-family home in March was $188,393, which was 2.8 percent higher than the sales price of $183,333 posted in February, but was still 4.2 percent lower than the sales price of $196,667 in March of last year.

Of the 23 local associations that reported single-family home sales, seventeen of the associations reported sales had increased or were unchanged from a year ago. Pagosa Springs (+205.6%) posted the largest increase in sales among the associations who reported 20 or more home sales while Morgan County (-9.1%) posted the largest decline.

The Metro District reported the most single-family home sales in March with 2,676 units sold, up 3.0 percent from a year ago.

Condominium sales accounted for 1,118 of the total sales in March, up from the 830 sales in February and 4.6 percent higher than the 1,069 condos sold in March of 2011.

The median sales price for a condo in March was $125,867, which was 1.9 percent higher than the sales price of $123,542 in February and 4.9 percent higher than the sales price of $120,000 for a condo in March of last year.

Of the 17 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Estes Park (+62.5%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Durango (-10.5%) posted the largest decline.

The Metro District also reported the most condo sales in March with 700 units sold, unchanged from a year ago.

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

Source:
Colorado Association of Realtors®

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Spring Home Sales Rise in Colorado

May 11, 2012 (Shirley Allen)

The positive effects of the spring home buying season were felt in Colorado as monthly sales of existing single-family homes and condominiums surged in March while home prices remained mixed according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 6,173 existing homes and condos were sold in the Centennial State in March. That was 34.9 percent higher than the 4,576 homes sold in February and 6.1 percent higher than the 5,817 homes sold in March 2011.

Sales of detached single-family homes accounted for 5,055 of the total sales in March, up 34.9 percent from 3,746 sales in February and 6.6 percent higher than the 4,748 detached homes sold in March of 2011.

The median sales price for a detached single-family home in March was $188,393, which was 2.8 percent higher than the sales price of $183,333 posted in February, but was still 4.2 percent lower than the sales price of $196,667 in March of last year.

Of the 23 local associations that reported single-family home sales, seventeen of the associations reported sales had increased or were unchanged from a year ago. Pagosa Springs (+205.6%) posted the largest increase in sales among the associations who reported 20 or more home sales while Morgan County (-9.1%) posted the largest decline.

The Metro District reported the most single-family home sales in March with 2,676 units sold, up 3.0 percent from a year ago.

Condominium sales accounted for 1,118 of the total sales in March, up from the 830 sales in February and 4.6 percent higher than the 1,069 condos sold in March of 2011.

The median sales price for a condo in March was $125,867, which was 1.9 percent higher than the sales price of $123,542 in February and 4.9 percent higher than the sales price of $120,000 for a condo in March of last year.

Of the 17 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Estes Park (+62.5%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Durango (-10.5%) posted the largest decline.

The Metro District also reported the most condo sales in March with 700 units sold, unchanged 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
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.
HOW LOANRATENETWORK
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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.
Helpful Tools

Spring Home Sales Rise in Colorado

May 11, 2012 (Shirley Allen)

The positive effects of the spring home buying season were felt in Colorado as monthly sales of existing single-family homes and condominiums surged in March while home prices remained mixed according to the latest data from the Colorado Association of Realtors® (CAR).

An estimated total of 6,173 existing homes and condos were sold in the Centennial State in March. That was 34.9 percent higher than the 4,576 homes sold in February and 6.1 percent higher than the 5,817 homes sold in March 2011.

Sales of detached single-family homes accounted for 5,055 of the total sales in March, up 34.9 percent from 3,746 sales in February and 6.6 percent higher than the 4,748 detached homes sold in March of 2011.

The median sales price for a detached single-family home in March was $188,393, which was 2.8 percent higher than the sales price of $183,333 posted in February, but was still 4.2 percent lower than the sales price of $196,667 in March of last year.

Of the 23 local associations that reported single-family home sales, seventeen of the associations reported sales had increased or were unchanged from a year ago. Pagosa Springs (+205.6%) posted the largest increase in sales among the associations who reported 20 or more home sales while Morgan County (-9.1%) posted the largest decline.

The Metro District reported the most single-family home sales in March with 2,676 units sold, up 3.0 percent from a year ago.

Condominium sales accounted for 1,118 of the total sales in March, up from the 830 sales in February and 4.6 percent higher than the 1,069 condos sold in March of 2011.

The median sales price for a condo in March was $125,867, which was 1.9 percent higher than the sales price of $123,542 in February and 4.9 percent higher than the sales price of $120,000 for a condo in March of last year.

Of the 17 local associations that reported condo sales, twelve of the associations reported sales had increased or were unchanged from a year ago. Estes Park (+62.5%) posted the largest increase in sales among the associations who reported 10 or more condo sales while Durango (-10.5%) posted the largest decline.

The Metro District also reported the most condo sales in March with 700 units sold, unchanged 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.