jefferson county
Once an agricultural and mining area, Jefferson County, Colorado is a thriving suburban, business, industrial, recreational and residential community. The county, formally organized in 1861 by the Colorado Territorial Legislature, takes the name of Thomas Jefferson, the third president of the United States.
Jefferson County is a place where the great plains meet the Rocky Mountains with some of the most magnificent scenery in the country. It features rolling grasslands and craggy rock formations, natural foothills, rugged mountains and tumbling mountain streams.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.