About Arapahoe County, CO

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The Preserve Greenwood Village Home Sales

The Preserve Greenwood Village Homes have been selling at the rate of 1-2 per month this year. So far 18 houses have sold in The Preserve in 2009. A few more houses sold in 2008. The inventory remains at even 30 houses on the market at the end of October.

One of the bigger statistical differences this year compared to 2008 is that homes are selling on average for less per square foot. The average in 2008 was near $400 per square foot. This year depending on the month the price per square foot has dipped to low 200s and averages around $340 per square foot.

2009	Aug	Sep	Oct
Closed Sales	1	2	1
Average Sales Price	$1,206,000	$1,971,250	$1,125,000
Median Sales Price	$1,206,000	$1,971,250	$1,125,000
% of Original List Price	89%	76.1%	87.2%
Average Days on Market	147	361	126
Average Price /sq ft	$297	$338	$226
Pending	1	-	1
Number of Active Listings	31	31	30
New Listings	4	3	1

Days on Market = total days on market.

As of Nov. 15th, 2009 there are 28 homes for sale in The Preserve in Greenwood Village CO. The prices range from $864,900 to $8,900,000. The price per square foot ranges from $271 to $979 per square foot. Two of the houses on the market are lender owned new construction and the lender has cut prices drastically. One of these bank owned homes is offered at 50% of the original price! (call for details).

Homes for sale in The Preserve in Greenwood Village

Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.

If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

The Preserve Greenwood Village Real Estate Market Report is for detached 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
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Nov 15th 2009. "The Preserve Greenwood Village Home Sales"

October Home Sales Greenwood Village Real Estate

Greenwood Village Real Estate has recorded more home sales this year (103) than in 2008 (93), one of the few areas around Denver to do so. Average Sold price is down approximately $300,000. More homes have sold this year in the lower price ranges. E.g. This year 24 houses sold for one million dollars or more. In 2008 that number was 35.

The number of new listings in Greenwood Village didn't decline in October. It is typical to see less homes come on the market during the winter months. We'll wait to see if there is less inventory on the market in the next month or two. Read Full Greenwood Village Home Sales Report.

Greenwood Village Home Sales

2009	Aug	Sept	Oct
Closed Sales	9	13	10
Average Sales Price	$896,333	$965,556	$724,355
Median Sales Price	$750,000	$840,000	$745,000
% of Original List Price	83.1%	89.1%	83.8%
Average Days on Market	115	119	209
Average Price /sq ft	$260	$286	$212
Pending	17	14	15
Number of Active Listings	134	153	147
New Listings	21	15	16

Days on Market = total days on market.

Homes for sale in Greenwood Village

Greenwood Village Luxury Homes for sale
Today's New Listings in Greenwood Village

If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

This Lone Tree 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 offered. This report or any part of it may not be used without permission from Rita Burke.

*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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Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Nov 15th 2009. "October Home Sales in Greenwood Village Real Estate"

October Home Sales in Cherry Hills Village

Cherry Hills Village home sales picked up in October, after a dip in September sales. Four of the houses sold for over one million dollars. One of the sold houses was a bank owned property and it sold for 64.4% of the original listing price. The total number of homes on the market is dropping, which is typical. During the winter months, which many consider the slow season, many sellers decide pull their homes of the market and maybe re-list in the spring.

2009 Cherry Hills home sales are about 65% of what they were in 2008. Average sold price is down about $100,000 and average days on the market has seen a large increase from 2008. Average days on the market in 2008 (yr-to-date) - 132, in 2009 - 249 days on market. View the full Cherry Hills Village Home Sales Report.

Cherry Hills Village Home Sales

	Aug	Sept	Oct
Closed Sales	10	4	7
Average Sales Price	$1,600,625	$2,375,000	$1,095,714
Median Sales Price	$1,448,250	$1,075,000	$1,125,000
% of Original List Price	83.7%	87.9%	81.2%
Average Days on Market	206	250	93
Average Price /sq ft	$356	$411	$254
Number of Active Listings	148	133	113
New Listings	21	6	1

Days on Market = total days on market.

Search Homes for sale in Cherry Hills Village

If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate

Cherry Hills Village Luxury Homes for sale
Today's New Listings in Cherry Hills

This Chery Hills 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 offered. This report or any part of it may not be used without permission from Rita Burke.

*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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Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Nov 15th 2009. "October Home Sales in Cherry Hills Village Real Estate"

These are my first attempts at posting neighborhood market reports in the Denver, CO market.  I want to penetrate my the luxury home marketplace.  This is certainly a challenging market in normal times, and in this times its like I'm the Don Quixote of agents.

A seperate blog is in order to determine my plan to crack this market segment.  One important disclosure point is I'm really only interested in being a buyers agent in this marketplace.  You might actually be better served by another agent for listing your home for sale.

What is important to focus on is

Count = Number of homes for sale

Avg Total DOM =  180 or less indicates sellers market.  Higher favors the buyers

Avg list price = what the average list price is

Median = Where half the homes are more expensive and half the homes are less expensive

Volume list price = If you wanted to buy every home in that neighborhood how much it would cost.  I find this figure very amusing.