Centennial - Piney Creek January to March 2008 single family home sales report

7 residential closings up 700% over the same period in 2007. Absorption Rate is ok at 9.0 months. Its not possible to determine any kind of trend since the first three months of 2007 only saw one sale. but it is very encouraging that the sales are off the roof during the same period in 08. Also checkout the average sales price.

Jan - March 2007Jan - March 2008% Change
# of sales closed17700%
# of sales Closed - YTD17700%
Avg Days on Market229136-59%
# of Active Listings-21-
Absorption Rate (months)-9.0-
Average $ per SqFt105148141%
Average Price (Sold)406,800622,314153%

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Absorption Rate Definition

Disclaimer - the information and commentary provided in this Blog are opinions of Homes And People and should be used for informational purposes only.

All sales data is from the MLS and the information is deemed reliable but not guaranteed.

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