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92% of homes sold priced below $500,000 in the Denver CO area

Reblogger Marianne Bandy
Real Estate Agent with Bandy Homes

We are seeing the same thing that's described in this post.  Looks like the recovery is gaining traction!

Original content by Jude Sandvall: DreamHomes by Jude 100000546
 
92% of homes sold priced below $500,000 in the Denver area - An analysis of Metrolist data by independent broker Gary Bauer shows in the eight-county Denver area, almost 93% of the homes sold and closed in the first quarter were priced below $500,000.  “The biggest change that I see is that in 2008 and 2009, homes priced below $100,000 accounted for a much bigger part of the overall housing market than in 2010,” Bauer said.  ”First, there are just not as many homes priced below $100,000 out there.  All of the activity is no longer at the low-end.  We are seeing more activity in the $200,000 to $300,000 range and the $300,000 to $400,000 range.”
     

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