Arapahoe County Colorado Homes Are Appreciating

Yes it is true Arapahoe County Colorado homes are appreciating.

Arapahoe County Colorado includes the cities of Aurora, Centennial, Englewood, Greenwood Village and Littleton, Colorado.

Here is a cool link to a map showing the outline of Arapahoe County, Colorado.

Quick Stats for October home sales in Arapahoe County, Colorado. More below.

1. 15.9% increase in New listings.
2. 32.9% increase in Sold listings.
3. 22.9% increase in Sold Price. 

Arapahoe County was the county with nowhere to go but up.Prices were obviously at record and unsustainable lows. A classic case of over correction and mismanagement of assets by banks caused a massive downward spiral over the last 5 years in Arapahoe County, Colorado real estate.

Arapahoe County Colorado Appreciation.

Find out what your Arapahoe County, Colorado Home is Worth Here.

It wasn’t uncommon for investor clients to pick up 3 bedroom, 2 bathroom homes with a 2 car garage for under $100,000 in Aurora, Colorado. That being said it was obvious that the market had seen an over correction in Arapahoe County, Colorado.

October 2011 versus October 2012 Arapahoe County , Colorado real estate stats.

• Active Listings = 2.275 in 2011 and 1,511 which was – 33.6% lower.
• New listing for the month of October 2011 was 809 vs 938 for 2012 up 15.9%.
• Sold listings Oct 2011 = 647 vs Oct 2012 = 860 in Oct 2012 up 32.9%.
• Total days on market 2011 = 93 days vs 2012 = 58 days  down 37.8%.
• Average Sold price 2011 = $215,860 and for 2012 = $262,387 up 21.6%

Year to date for the first 10 months of 2011 versus 2012.

• Sold listings for 2011 = 6,991 versus 2012 = 7,971 up 14%.
• Total days on market for 2011 = 103 versus 2012 = 69 down 33%.
• Average sold price for the first 10 months for 2011 was $230,802 versus 2012 = $257,010 an 11.4% increase!