HomeGain Releases 3rd Qtr Colorado Home Prices Survey Data

Posted by: Louis Cammarosano on August 27th, 2009

Earlier this week, HomeGain, the first website to provide free instant home values, released the national and regional results of our  home prices survey of 1,084 HomeGain members. We asked their opinions on home prices and of  Obama’s performance as President. On this real estate blog we published the complete national and regional third quarter results.

Earlier this week we published the results of the California home prices, Texas home prices , Florida home prices surveys. Yesterday  we published the Massachusettes home prices survey data, the  New York home prices survey data, the New Jersey home prices survey data, the North Carolina home prices survey, the Illinois home prices survey and Georgia home prices survey data.

Today we release the Colorado home prices survey results.

Set forth below are the Colorado home values survey results with the national data in parenthesis:


1. On average, in the last year do you think your homeowner clients home values have:


Decreased: 73%/74%/63% (81%/84%/90%)

Increased: 8%/5%/0% (6%/3%/2%)

Stay the same: 19%/5%/38% (13%/12%/8%)

2. On average, what do your homeowner clients believe that their home is worth?


10-20% higher: 23%/32%/25% (38%/35%/45%)

10-20% less: 4%/5%/13% (5%/8%/10%)

1-9% higher: 27%/5%/* (25%/24%/*)

1-9% less: 23%/16%/* (7%/9%/*)

21-30% higher: 8%/0%/0% (8%/8%/14%)

21-30% less: 0%/5%/* (2%/3%/*)

At listing price you recommend: 15%/16%/63% (11%/10%/14%)

More than 30% higher: 0%/5%/0% (3%/2%/4%)

More than 30% less: 0%/0%/* (1%/2%/1%)

3. How do your home buyer clients feel that homes for sale are priced?


Fairly priced: 23%/11%/13% (20%/19%/18%)

Overpriced by 10-20%: 27%/16%/13% (30%/30%/32%)

Overpriced by 21%+: 4%/0%/0% (4%/4%/10%)

Overpriced by less than 10%: 31%/42%/63% (30%/29%/21%)

Underpriced by 10-20%: 4%/5%/0% (8%/8%/14%)

Underpriced by 21-30%: 4%/11%/0% (2%/1%/2%)

Underpriced by 31%+: 0%/0%/0% (1%/1%/2%)

Underpriced by less than 10%: 8%/0%/13% (5%/5%/5%)

4. What is the average difference in price between what sellers believe their home to be worth and the amount at which you eventually list the house?


Greater than 11-20%: 15%/5% (5%/7%)

Greater than 21%: 0%/5% (3%/3%)

Greater than 5-10%: 0%/11% (9%/10%)

Less than 11-20%: 15%/26% (24%/23%)

Less than 21-30%: 0%/5% (4%/5%)

Less than 5-10%: 65%/16% (43%/43%)

Little or no difference in price: 4%/16% (12%/8%)

5. What is the average difference in price between what the home is listed at and what the home sells for?


Greater than 11-20%: 4%/5% (4%/4%)

Greater than 21%: 4%/5% (2%/2%)

Greater than 5-10%: 0%/5% (5%/5%)

Less than 11-20%: 15%/0% (24%/27%)

Less than 21-30%: 0%/0% (3%/4%)

Less than 5-10%: 50%/0% (54%/53%)

Little or no difference: 27%/0% (8%/5%)

6. In the next six months, do you think the values of homes in your market will:


Decrease: 19%/26% (31%/29%)

Increase: 27%/0% (23%/22%)

Stay the Same: 54%/58% (46%/49%)

7. What percent of homes for sale in your area are foreclosures?


10-20%: 35%/16% (36%/26%)

21-30%: 23%/11% (27%/15%)

31-50%: 0%/16% (13%/17%)

51-75%: 0%/5% (5%/3%)

Less than 10%: 42%/37% (36%/26%)

8. What is the average home price in your area?


$151k-$300k: 50%/32% (52%/56%)

$301k-$500k: 31%/26% (21%/20%)

$501-$800k: 15%/11% (7%/5%)

$801k+: 4%/0% (2%/3%)

Less than $150k: 0%/16% (18%/16%)

9. How do you think Barack Obama is performing in his role as President?


Somewhat approve: 31%/32% (21%/31%)

Strongly approve: 12%/16% (20%/26%)

Somewhat disapprove: 12%/16% (19%/19%)

Strongly disapprove: 46%/16% (40%/24%)

See National and Regional Survey Results Try HomeGain’s Instant Home Prices Tool

Check Home Prices in Colorado cities on homegain.com:

Denver home prices Colorado Springs home prices Aurora home prices Lakewood home prices Fort Collins home prices Arvada home prices Pueblo home prices Westminster home prices Boulder home prices Thornton home prices Greeley home prices Longmont home prices Highlands Ranch home prices Loveland home prices Parker home prices Find Denver homes for sale Search Denver real estate Find Colorado Springs homes for sale Search Colorado Springs real estate Find Colorado homes for sale Search Colorado real estate Find U.S. homes for sale and search U.S. real estate HomeGain real estate home values survey results are based on responses of over 1,150 Realtors in the United States. State survey results for Q2 are available for the following states :HomeGain real estate home values survey results are based on responses of over 1,150 Realtors in the United States. State survey results for Q2 are available for the following states: Texas home prices survey, Florida home prices survey, California home prices survey, New York home prices survey, New Jersey home prices survey, Georgia home prices survey, Arizona home prices survey, North Carolina home prices survey, Virginia home prices survey , Massachusetts home prices survey ,Washington home prices survey

Louis Cammarosano




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