Following is a breakdown by price level of home many showings per month we experienced in the Denver Metro market for the first quarter of 2010:
- Overall, the number of showings per month for all price categories was 8.7 per home.
- Homes under $250,000 saw an average of 10.5 showings per month, with the $50k-100k range seeing the highest number of showings per month at 15.
- Homes from $250k-300k saw an average of 7.4 showings per month. Homes from $350k-400k were at 3.7 showings per month.
- Homes in the higher price ranges, from $400,000 up, saw an average of 4.8 showings per month.
Buyers are getting back out there, which is good news for all homeowners. With renewed interest and activity in residential real estate, we will see a ripple effect throughout the economy.