According to Metrolist MLS data, the number of single-family
home and condo sales in Lowry Denver catapulted in April 2011 from seven (7) transactions in April 2011 to twenty-three (23) in April 2012. The number of days on market (DOM) dropped substantially
in April from 131 DOM in 2011 to 96 DOM in April 2012. The data shows the Lowry real estate market
is improving on many fronts—the prices per square foot (PPSF) metric reveals a
nice increase, as well as the average original price versus the sales price is
much stronger at 96.76%. The table below
shows the positive difference in April 2011 and 2012.
Lowry Real Estate Sales
Transactions for single-family
& condos in April 2011 & 2012
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2011
|
2012
|
|
Sales
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7
|
23
|
Days
on Market (DOM)
|
131
|
96
|
Avg.
PPSF
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$149
|
$191
|
Avg.
Price/Avg. Original
|
93.39%
|
96.76%
|
Avg.
Price Sold
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$257,071
|
$424,874
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*
Data gathered from Metrolist MLS.
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