The luxury real estate market in Golden is currently a very strong sellers market. Below are two graphs that show the current status of Golden Houses For Sale. Please call 303.550.8563 if you have any questions about the Golden real estate market or would like information regarding a specific home.
The graph above shows the total number of active Golden houses for sale over $500,000 by month over the past two years in Golden. The number of active Golden luxury homes for sale peaked in September 2011. At the end of March 2013, there were only 149 active Golden luxury homes for sale over $500,000. The supply of Houses for sale is down 31.7% from the peak. What does this mean for you if you own a Golden luxury home? If you’re thinking about listing your home for sale, now may be the best time in years to list your home for sale. The number of Houses for sale is down dramatically from the peak and the spring home buyers are out in force. Learn how Metro Denver Luxury Homes will get your home sold quickly on the Sell Your Metro Denver Luxury Home page.
The graph above shows Months of Inventory or MOI for each month over the last two years for Golden luxury homes over $500,000. MOI of Golden luxury homes for sale peaked in August 2011 at 26 months of inventory. It is currently a very low 4.4 months! This is down an amazing 73.7% from the peak. Months of Inventory is a figure used by Realtors to determine the health of a market and whether it is currently a buyers market or a sellers market. A balanced market is a market with 6 Months of Inventory. Anything more than 6 MOI is a buyers market and less than 6 MOI is a sellers market. The Golden real estate market is a very strong sellers market as of March 2013. Now is a great time to sell your Golden luxury home.