Here is the Berthoud CO real estate market report for January 2012:
December Property Sales were 9, up 12.5% from 8 in December of 2010 and 80.0% higher than the 5 sales last month. December 2011 sales were at a mid level compared to December of 2010 and 2009. December year-to-date sales sales of 131 are running 24.8% ahead of last year's year-to-date sales of 105.
The Median Sales Price in December was $265,000, down 13.1% from $305,000 in December of 2010 and up 17.9% from $224,860 last month. The Average Sales Price in December was $332,967, down 18.4% from $408,178 in December of 2010 and down 3.0% from $343,172 last month. The December 2011 Average Sales Price was at the lowest level compared to December of 2010 and 2009.
The Total Inventory of Properties available for sale in Berthoud CO as of December was 96, down 4.0% from 100 last month and down 1.0% from 97 in December of last year. December 2011 Inventory was at its lowest level compared with December of 2010 and 2009. The Average Days On Market for December was 134, up 57.6% from 85 days last month and down 28.3% from 187 days in December of last year. The December 2011 Average Days On Market was at a mid level compared with December of 2010 and 2009.
The Berthoud CO housing market is showing some mixed signals - sales are up and prices are tending downwards, as is inventory. The market's continued low levels of activity, however, make it difficult to distinguish trends from seasonal effects. We don't expect significant changes in activity until the regional and national economies show signs of recovery. However, home buyers interested in taking advantage of low interest rates and attractively priced homes will continue to find a lot of interesting properties to choose from.
If you'd like like to browse the currently available inventory, just Search Real Estate Listings for Berthoud CO. If you find something of interest, please give us a call - we would be happy to show you any of these fine homes at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS