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Denver September Market Trends

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8940 E Vassar Avenue, Denver, CO 80231 - $2,199,000.

Denver Luxury Housing Market Hits New Peak

Phil Hall

The phrase “Rocky Mountain High” took on a new meaning with data news that the Denver metro area luxury housing market set a record on sales of homes listed at $1 million or more.

According to a Denver Real Estate Watch analysis of RE colorado data, 115 single-family homes in the Denver area priced at $1 million or more were sold in July, a 10.6 percent year-over-year increase. The total dollar volume of luxury home sales in July was $173.87 million, a new record for the month and a 7.9 percent increase from July 2015.

The average price of a luxury home sold in this market during the month was $1.51 million, with the most expensive property—a seven-bedroom, 11-bathroom, 15,652-square-foot mansion in the Denver Country Club neighborhood—selling for $5.6 million. And while the number of luxury condo sales in this market were a bit skimpy in July—a grand total of four, down 42.9 percent from the seven sales in July 2015—there have been 31 luxury condos sold year-to-date in 2016, a 6.9 percent increase from 29 sales in the first seven months of last year.

In comparison to the luxury home market, the volume of sales for all housing in the Denver metro area fell 19.2 percent year-over-year in July, according to the Colorado Association of Realtors.

LuxHomesDenver | Blog


by Joyce Kelly - Friday, September 30, 2016

In the heat of the moment, most people opt for a quick and inexpensive fix, but what might seem like a Godsend, could end up costing you more than just the price of having your lock picked. 95% of all online ads for locksmiths are scams, which means finding a reputable one can be a challenge even under the best circumstances, let alone when you are panicked and stuck outside.

Locksmith scams are dangerous and can result in anything from price gouging and faulty locks to identity theft and burglary. The Better Business Bureau reports locksmith scam complaints as one of their highest ranking issues, and far more go unreported each year. These scams are rampant, but fortunately there are steps you can take to ensure the legitimacy of your locksmith.

The Mr. Rekey Locksmith Scam Survival Guide is designed to walk you through everything you need to know, warning signs to help you recognize scams, and how to find a locksmith you can count on. The best way to avoid falling victim to a scam is by being knowledgeable and planning ahead. Don’t wait until you’re locked out; take the necessary steps to guard yourself against a scam today.

How well do you know your neighbors? Do you feel safe in your neighborhood?

by Joyce Kelly - Thursday, September 29, 2016

Shockingly, more than half of burglars live within two miles of the homes they target. It is common for people to feel a false sense of security in their homes, and most think that a burglary could never actually happen to them. 1.7 million burglaries annually in the United States say otherwise, though. A burglary happens every 18 seconds , and you don’t want the next one to be at your house.

Sometimes burglaries are unavoidable, but there are ways to make your house much less attractive to prospective thieves and harder to break into for those who try anyway. The sad truth is that many people make careless mistakes that, though seemingly trivial, in all actuality jeopardize the safety of their homes. Forgetting to lock the back door, hiding a spare key outside your house, and allowing your front bushes to become a little overgrown are all minor oversights that can make a major difference in your home security.

The number one way to protect yourself and your home against burglary is knowledge. Taking the time to understand burglary and the motivation behind the crime will help you make informed decisions about how to prevent it from happening to you. The Mr. Rekey Home Security Guide lays out everything you need to know and offers tips and tricks on how to make your home more secure. Burglaries may happen every day, but you don’t have to let one happen to you.

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