January Numbers just came out for Home and Condo Sales in Denver and the surrounding areas: Here are some interesting notes and numbers:

Comparing all of Metro Denver Jan 08 to Jan 09 avg of Condos and Homes:

# of closed homes -17%, # of active listings -19%, price of condos and homes sold -14% 

But, there are some bright spots and areas for example:

Denver North West had home sales volume decrease, but avg price for homes increased by 3%

Douglas County Highlands Ranch had a sales volume decrease but averagle days on markets went down by 3% and average home price increased a whopping 13%!

Just shows that it's not all gloom and doom out there like the main stream media would like you to believe. People still need housing in a down market, and those that buy when everyone else is selling stand to make good returns in the future.