Many Coloradans prefer to live in the State Capital of Denver.
Some like to be close to the City where the action is and others may work in one of the sky-scraping downtown buildings.
Inventory is extremely low right now in the Denver Metro Area. In the City of Denver, there are only 572 single family homes on the market regardless of price range. For this report, we will look at luxury Denver homes for sale priced over One Million.
Currently, there are 141 homes for sale in Denver, CO
priced over $1,000,000.
The average square footage for these homes is 3,471.
The average list price is $1,497,000
The average days on market is 46
The average year of construction is 2006
As you can see, inventory is tight and homes are not sitting on the market very long. Even in this higher price range, homes sell quickly.
If you are shopping for a home in Denver, Colorado - be sure to have all of your ducks in a row and be sure to have a professional, full-time Realtor representing you in this journey.
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