Congress Park Homes, Denver CO

Congress Park is a charming urban neighborhood full of Craftsman style homes and Denver Squares. Close to downtown Denver and Cherry Creek, it is one of central Denver's most desirable neighborhoods. Tree-lined streets, friendly neighbors, parks and the Denver Botanic Gardens all offer an ambience of welcoming urban presence. Restaurants, coffee shops, quaint retail stores and new brick urban-feel condos add to the mix.

*Congress Park Real Estate Prices for December 2007

41 detached single family homes were sold with a median list price of $398,500. On average homes took 61 days to sell and sold for a median price of $395,000. Median price is a better measure of sold price than average, which is skewed by a few high-priced homes at the top end and low-priced homes at the bottom. Lowest sold price for detached single family homes was $171,500; highest sold price was $825,000. For condos and townhomes (attached family homes) the lowest sold price was $99,900 while the highest was $500,000. The median sold price was $141,500, and the average was $174,528.

The ratio of sold to list price was 97.78% for detached homes. The ratio of sold to original price was 93.47%. The net sold (after seller concessions such as down payment or closing cost assistance, and the like) to original list price was 93.97%. To simplify, if a seller originally listed their home at $300,000, they realized $281,910 from the sale.

By the time the property sold, the sold to list price was 97.40%.

*Data from July 1-December 31, 2007

Call Judith Clausen at 303-587-3509 if you'd like more information about Congress Park homes for sale, or go to Buyers Advantage Real Estate of Metro Denver, Inc. to search for homes.