Helping People Make Wise Real Estate Decisions

In Estes Park, Colorado

From the category archives:

Market Stats

Absorption Rates in the Estes Park Real Estate Market

he amount of inventory a specific location has and how fast it will take to sell that inventory is called absorption rate. The Absorption rate calculation is a standard that many people including banks, appraisers, investors, real estate agents, and consumers use to describe the overall health of a real estate market place.

The Estes Park real estate market continues to chug along late into the fall season. Typically, this time of year we see decreasing inventory and an increased amount of people lowering their prices anticipating the slower winter season. This year, we are seeing even more drastic price reductions that are generating a good amount of [...]

Estes Park Real Estate Statistics for September 2009

September was a solid month for local Estes Park real estate statistics. We sold more single family homes in September this year than last year and Condominiums also saw a solid 33% increase in sales compared to last year.

Estes Park Real Estate Statistics for August 2009

There are positives and negatives to be found among the statistics this month. We’ll start with the positives because thats the kind of guy I am. We have more properties pending right now than we have had all year. The next couple of months should reflect this increase in pending properties with larger number of sales than we have been experiencing so far this year.

Estes Park Real Estate is showing continuing signs of improvement. Single Family homes are selling very well in the lower price ranges. We actually sold 5 more homes in July of this year than we did in July of last year and this is the 4th straight month of increased home sales.

Estes Park Real Estate Statistics for June 2009

Estes Park Real Estate is showing continued signs of improvement. We actually sold more single family homes this year than we did last year! Condos also did well matching last years production. The increase in activity that I mentioned in Last months statistical update is continuing through this month and is more than compensating for our normal uptick in seasonal activity.

Estes Park Real Estate Statistics for May 2009

Estes Park Real Estate is doing much better according to the statistics than it has in recent months. Numbers are trending up in comparison to previous years and months. While some of this up-trend is due to our seasonality, there is more of an improvement in unit sales than in previous years – especially in single family homes.

Estes Park Real Estate Statistics for April 2009

Estes Park Real Estate showed major improvements in the month of April in comparison to the previous 3 months. Some of the improvement can be associated with seasonality, however, the numbers of properties sold this during the month comparing this year vs last year are improving.

Estes Park Real Estate Statistics for March 2009

Consistency has to count for something, right? For each of the last three months, the number of homes sold in Estes Park has been the same number each month. Unfortunately, that number is lower than many people anticipated it would be.