Littleton Real Estate Had A Strong 2016
Littleton Real Estate had a Strong 2016 performance!!
Detached Home Sales continued to be strong in 2016, with 2,361 Sales. We're averaging almost 200 homes sold every month over the past 5 years. There are currently only 151 houses that are "Active", which means that the Littleton Real Estate Market is still in a strong "Seller's Market".
With the huge demand and limited inventory, prices have continued to increase at a strong rate. In 2016, Median Home Prices for Littleton Real Estate improved by 8.8 percent, up to $403,500.
With the huge demand and limited inventory, homes tended to sell quickly in 2016. The Littleton Real Estate average for Days On Market was 24 Days last year. This is how long a house is "Active" until it goes "Under Contract". Performance in 2016 was comparable to 2015.
Expectations are that the Littleton Real Estate Market will continue to be strong in 2017. If you're considering Selling your house or if you just want to know what the current market value of your house is, contact Littleton Realtor John Basila for a complimentary Market Analysis.
John Basila, Broker/Owner of A Denver Home can be reached via email at columbinerealtor@gmail.com or by phone at 303-589-9034.
