According to October 2018 market statistics from REcolorado, homes sales continued to slow in October, as is typical this time of year. But, year to date, sales are only three percent lower than this time last year. Homes are spending an average of seven days more on the market, which is also typical for this time of year. The number of new listings increased by thirteen percent as compared to last year, and we have 8 weeks of inventory, three weeks more than this time last year. The increase in days on market and inventory could mean your buyers have more options and more time to browse. Watch the October 2018 market statistics video above and look down below for infographics and reports. Also, be sure to share the consumer-friendly wrap up on your social media channels.
We pull statistics on the fourth business day of the month because it leaves time for you to make your status changes. (We require status changes be made within three business days because we’re all about accurate data and we know you are, too!)
Quick Infographic for Denver Metro
Detailed Infographic/Report for Denver Metro
Access InfoSparks and FastStats from the REcolorado Subscriber Resources* section of your CONNECT dashboard. Once you click the button, you’ll land on the InfoSparks platform. From there, you’ll need to click the FastStats button in the top right-hand corner to access FastStats, where you can select from a pre-populated list of cities and counties, as well as REALTOR® associations.
*In September of 2018 we updated the CONNECT dashboard. Some of the buttons were regrouped. This includes InfoSparks and FastStats, as well as Listing Metrics. These buttons are now included in the REcolorado Subscriber Resources section.
InfoSparks Sample Graph: Homes Sold in Steamboat Springs
InfoSparks Sample Graph: Days on Market for REALTORS of Central Colorado
FastStats Sample Report: Aurora Association of REALTORS
REcolorado Statistics Training
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