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The January 2012 Berkeley Denver real estate market price change map above shows home sale statistics for four adjoining neighborhoods Berkeley West, Berkeley East, Sunnyside West, and Sunnyside East. In this article, we will explore the Berkeley Denver real estate market. Please read the Sunnyside Denver Real Estate Blog to learn about the real estate market in Sunnyside West and Sunnyside East.
January 2012 Berkeley West Real Estate Market Statistics
- The average days on market (DOM) was 89 days which is the average time it takes a Berkeley West home to sale.
- There was healthy positive 6% price change since 2011 for West Berkeley homes for sale.
- $292,000 is the current average price of West Berkeley homes for sale as of January 2012.
- From January 2011 to January 2012, 108 Homes sold in Berkeley West.
- There are currently 15 active West Berkeley homes for sale as of January 2012.
- There are 1.4 months of inventory available in West Berkeley. A healthy market has 6 months of inventory or less which means that the West Berkeley real estate market is very healthy and could be turning into a sellers market as of January 2012.
As you can see in the map above, the West Berkeley real estate market has been improving over the past year.
January 2012 Berkeley East Real Estate Market Statistics
- The average days on market (DOM) was 92 days which is the average time it takes a Berkeley East home to sale.
- There was a positive 3% price change since 2011 for East Berkeley homes for sale.
- $312,000 is the current average price of East Berkeley homes for sale as of January 2012.
- From January 2011 to January 2012, 85 Homes sold in Berkeley East.
- There are currently 14 active East Berkeley homes for sale as of January 2012.
- There are 1.9 months of inventory available in Berkeley East. A healthy market has 6 months of inventory or less which means that the East Berkeley real estate market is very healthy and could be turning into a sellers market as of January 2012.
As you can see in the map above, the East Berkeley real estate market has been improving over the past year.
It’s a great time to be a buyer or a seller of Berkeley homes for sale. Interest rates are at all-time lows. Berkeley is very conveniently located northwest of downtown Denver.
Contact J. David Lampe, your Berkeley Denver REALTOR®, to start looking for your Berkeley homes for sale today.
J. David Lampe
Berkeley Denver REALTOR®
RE/MAX Alliance
303.550.8563
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