Denver Real Estate Market Report Nov 09

Denver Real Estate Market Report ~ Nov 09

$500,000 to $1,000,000 Denver Homes

50 homes sold in Denver in November in the price range of $500,000 to $1,000,000. Most homes were sold by individual owners and only two were bank owned i.e. foreclosed properties. 24% of the homes were new construction sold by builders.



The average days on the market in Denver was 187 days and it ranged from 3 days to 575 days on the market. The average price per square foot was $355. The lowest sold price per square foot was $175 and the highest $444.

The average Original List vs. Sold Price was 85.9%. The largest difference was for a house that was originally listed for close to $1,500,000 and sold for under one million dollars. That makes the sold price about 62% of the original list price.

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This Denver Real Estate Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.

*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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