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Denver Luxury Foreclosures - Denver Real Estate

By
Real Estate Broker/Owner with Kenna Real Estate ER40035749

Denver Luxury Foreclosures
Denver Luxury Foreclosures - Bank owned properties Jan 1st, 2010

  • 10 Denver Luxury foreclosures are listed in Denver MLS search
  • 23 luxury foreclosures were on the market in Jan. 2009
  • only one Luxury foreclosure is located in Denver (city of Denver)
  • Listing prices range from $1,049,900 to $2,595,000 
  • The longest days on the market 1400
  • Price per sq. foot ranges from $151 to $482
  • 4 luxury foreclosures are pending / under contract


Denver Luxury Foreclosures Sold in 2009

  • 18 Luxury Foreclosures sold in Denver area in 2009
  • 7 were located in Denver
  • Price per sq. foot ranged from $153 to $397
  • Total days on market ranged from 7 to 726
  • The average list vs. sold price was 79.1% - the lowest was 50% (i.e. property was originally listed for $2,500,000 and sold for half of that price)


You may be able to find a great deal on a luxury foreclosure in Denver. Sometimes it is possible to get a 20-30% or more off the original listing price - depending on the bank, the property, demand and other factors. Each situation is different.

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*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. Disclaimer: Kenna Real Estate 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.


Copyright 2010.© Kenna Real Estate. Brian Lee Burke. All Rights Reserved. "Denver Luxury Foreclosures - Denver Real Estate"

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