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Single Family Residential
|Values $500,000 - $749,999||Values $750,000 - $999,000||Values $ 1 Million+|
|Active Inventory||Over All Markets||3,338|
|Average Days on Market||90||90||124|
|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