Tuesday, November 16, 2010

Whittier Denver Homes Are Beating the National Market

Look out Whittier Denver homeowners. Your Whittier home has outperformed the market in recent years & that trend has accelerated over the past twelve months.

By analyzing Trulia's home area statistics, Whittier Denver Homes are outperforming the average Denver homes market. The average sold price during the second quarter for Whittier Denver homes was $240,000, almost 30% hgher than the mean of the rest of Denver Real Estate. Even better, the Whittier Real Estate market is growing faster. They're up 6.7% or fifteen thousand dollars from the previous quarter & up 52. 4% from the previous year over year. Whittier real estate is only about $30,000 from reaching its peak value in 2007 & at the current pace will break out above this price in the next 2 years.

Plus, the sale verses listing value is falling from approximately 5% just a couple years ago to an astonishing 1.4%. The sale versus listing price is the amount the property is advertised on the market at compared to the sold amount of the real estate. When the difference gets smaller, the area is considered a stronger value..

What does that mean for Whittier Denver homes currently for sale? The Denver Metro List comes up with 12 residential homes for sale in the Whittier area.. That has fallen from over thirty last year & twenty-one from 3 months ago. That means home Sellers today have less competition which should correlate to fewer days on the market & a smaller sale to listing price difference.

How does all this strong neighborhood data correlate over to the Buyers when figuring out the value of Denver Whittier Homes? It means you can buy with confidence! The upside about Whittier Denver homes are that they have been like a value rock throughout the tumultuous market over the past five years. Again, Whittier real estate has been accelerating growth with the price expectations when considering their achievements over the past 2 years.

Come buy a great Denver Value; come buy a Whittier Denver Home. You can be confident that you will be getting a tremendous value in a stable investment and in an area that will retain its popularity for years to come.

No comments:

Post a Comment