Mary & Dick's Blog

August 2011 Real Estate Market Report for Wellington CO

Here's the August 2011 update on Home Sales in Wellington CO:

August 2011 Wellington CO Home Sales

August property sales were 14, up 75.0% from 8 in August of 2010 and the same as the 14 sales last month. August 2011 sales were at a mid level compared to August of 2010 and 2009. August year-to-date sales of 112 are running 7.4% behind last year's year-to-date sales of 121.

August 2011 Wellington CO Home Prices

The Median Sales Price in August was $184,176, up 8.1% from $170,325 in August of 2010 and down 13.4% from $212,750 last month. The Average Sales Price in August was $189,263, down 9.6% from $209,281 in August of 2010 and down 20.0% from $236,705 last month. August 2011 Average Sales Price was at the lowest level compared to August of 2010 and 2009.

August 2011 Wellington CO Home Inventory

The Total Inventory of Properties available for sale as of August was 95, up 13.1% from 84 last month and down 7.8% from 103 in August of last year. August 2011 Inventory was at its lowest level compared with August of 2010 and 2009. The Average Days On Market for August was 73, up 52.1% from 48 days last month and up 43.1% from 51 days in August of last year. The August 2011 Average Days On Market was at a mid level compared with August of 2010 and 2009.

The Wellington CO real estate market is looking a bit more energetic - sales, prices and inventory were all up over previous months. It is, however, still a good time to look for nice homes at good prices. If you would care to browse what's currently on the market, Search Real Estate Listings for Wellington CO, and please let us know if you see something you're curious about - we'd be happy to show you any of these homes.

Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comment balloon 3 commentsDick Greenberg • September 15 2011 10:41AM
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