Luxury Home Sales - Denver, CO November 2013

Real Estate Broker/Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786
Luxury Home Sales - Denver, CO  November 2013
Luxury Home - views
Sales of luxury homes in the Denver metro area over $1 million remained stable for the month of November.    This month the data will include attached properties (condos/townhomes).   The month of November we saw 62 properties closed, which is an increase from 55 sales for the month of October.   The days on market increased from 114 to 125 days.   


There are currently 649 active listings (decrease from 768 in October)  over $1 million, with 2 active bank foreclosures and 2 short sale opportunities.   There are 97 under contract as of today. 


Luxury home - kitchen

**Photos courtesy of Metrolist

Of the sales in November 2013,  three bank owned properties sold, no short sales, and 4 were new construction properties sold by the builder.


 Here are the sales by City within the Denver metro area -


Denver Sales by City November 2013


There was four sales that remained on the market over a year - one for 2 1/2 years.  There were twelve homes that sold in under one week!



Denver's highest sales - November 2013


The highest luxury sale in  the Denver Metro Area in November 2013 was a home in Boulder which sold for $6,432,495 that was built in 1892.    This Victorian home has 6 bedrooms, 5 bathrooms, 7,627 total finished square feet with a 2 car garage on .51 acres.    This home sold in 14 days.  **photo courtesy of Metrolist




Luxury sales 2013




Here is the data for luxury home sales for the first half of 2013 and the beginning of the 2nd half of 2013 to show the comparable activity month by month at a glance.


 Denver sales by month


If you are looking to buy or sell a luxury home in the Denver metro area, please give me a call, or if you would like any information on attached luxury homes!



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John McCormack
Albuquerque Homes Realty * - Albuquerque, NM, Albuquerque Homes Realty

Good morning Joan.  Wow... what a beautiful kitchen you chose to showcase in your post!  Great information on your area real estate luxury market.  We are seeing the higher end homes slow then again there are always the serious buyers out and looking. 

Dec 04, 2013 11:42 PM #1
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Great report as always Joan. This is why Denver is such a vibrant market...beautiful homes!

Dec 04, 2013 11:47 PM #2
Adrian Willanger
206 909-7536 - Seattle, WA
Profit from my two decades of experience


Good overview of the luxury home market in Denver, it looks pretty consistent throughout the year.

Dec 05, 2013 12:47 AM #3
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC


The November 2013 real estate market report shows a strong real estate market.

Good luck and success.

Lou Ludwig

Dec 05, 2013 07:24 AM #4
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Joan, the luxury market in Denver continues to be strong. I'm always amazed at how many houses go under contract in less than a week. When buying or selling a luxury home in Denver you're the agent to call!

Dec 05, 2013 10:26 PM #5
Bryan Robertson
Intero Real Estate - Los Altos, CA
Broker, Author, Speaker

It looks like there is a nice balance between demand and inventory.  At least you've got inventory.  Around here we're down to single digits in many places.

Dec 06, 2013 01:03 AM #6
Charlie Dresen
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Denver real estate has been on fire. This is good news for mountain communities like Steamboat Springs since a large portion of our 2nd home owners are from the front range. If living in a big city is a must, Denver is a great choice. And when it comes time to play, Steamboat is just a short drive away. 

- Charlie

Dec 06, 2013 03:53 AM #7
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Another month of strong sales even though the weather has gone from Fall to Winter.

Dec 09, 2013 05:01 AM #8
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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