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Denver Market Statistics: March 2015

Single Family Residential

Premier Market
Signature Market
Luxury Market
Values $500,000 - $749,999 Values $750,000 - $999,000 Values $ 1 Million+
Active Inventory Over All Markets 3,338
Sold Homes 236 55 35
Average Days on Market 90 90 124
Average Price $590,000 $858,309 $1,565,158
Per Square Foot Total $170.00 $188.00 $276.00

No winter blues on the high end of the market. February’s 22 inches of snow in the Denver area did not bury the high end market last month; in fact, it heated up.
Nearly 9% more properties sold in the Signature Market ($750,000 - $999,999) in Feb than in Jan (24% increase compared to 2014).
The Luxury Market ($1,000,000+) saw an increase of 40% more homes selling in Feb than Jan. The price per square foot is on the rise!
- Jill Schafer, DMAR Market Trends Committee

LuxHomesDenver | VIDEO

220 Hidden Valley Lane, Castle Rock, CO, 80108 - $1,790,000

LuxHomesDenver | Blog

Denver home prices still rising fast as other markets begin to cool

by Patrick Rampi - Broker Associate - Saturday, April 25, 2015

Colorado's real estate market is being driven by job gains, and population increases running twice as high as the national average. And with such low volumes of listings and high property values, now is the time to sell. Your home might be worth more than you think and we offer free property evaluations.

http://www.denverpost.com/business/ci_27840411/denver-home-prices-still-rising-fast-other-markets

A Colorado street is among nation's priciest for homes; here are Denver's top 10

by Patrick Rampi - Broker Associate - Tuesday, April 21, 2015

According to the Denver Business Journal and Zillow, the street with the most expensive homes in Denver is Cherry Hills Park Drive. While the majority of streets with were in Cherry Hills Village, homes on Cherry Hills Park Drive have a median value of $9.4 million.

Check out a Zillow list of the top 10 most expensive streets in metro Denver in this article.

http://www.bizjournals.com/denver/news/2015/04/17/colorado-street-houses-the-top-10-most-expensive.html

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Castle Pines, CO 80108
Main Office: 303-681-6767
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