(303) 681-6767

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

Colorado is among the top 10 states for ... well, everything

by Patrick Rampi - Broker Associate - Friday, July 03, 2015

Colorado sure has a good thing going! Thrillist ranked Colorado in the top 10 for just about everything, including overall lifestyle!

http://www.bizjournals.com/denver/blog/broadway_17th/2015/06/colorado-is-among-the-top-10-states-for-well.html?ana=fbk

Here's Why Home Sales Are Finally Surging

by Patrick Rampi - Broker Associate - Wednesday, July 01, 2015

This article does a great job explaining why home sales are so high: demand, improved economy, and rising rent costs. "Demand is off the charts," says Nela Richardson, a chief economist at Redfin. According to this article, 28 percent of homes nationwide are selling within two weeks.

http://www.denverpost.com/breakingnews/ci_28359891/us-home-sales-jump-may-average-prices-close

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