Going to Extremes!
Extreme Denver Real Estate Market Stats
Inspired by a post by Jeff Dowler Extremes in the San Diego Real Estate Market
I thought it would be fun to bring you a Denver version ~ The Extremes in Denver Real Estate market
From One Extreme to Another
Longest active listing on the market ~ 2139 Days
Longest Days on the Market for a sold home ~ 2114 Days
Longest Days on the Market for a sold Short Sale ~ 1652 Days
(this probably started as a "regular" sale, then turned to a short sale)
Least Expensive Home Sold ~ $12,000
bank owned home (only $8.84/square foot)
Most Expensive Home Sold ~ $13,950,000
(Residential + has 18 acres in a very affluential area that can be subdivided, only 25 DOM)
Lowest Price per square foot ~ (see above) $8.84/sf
Highest Price per square foot ~ $2297.08/sf in Denver (outside of Denver in Sedalia one sold for $2788.46/sf -residential w/ 500 acres)
Largest Home Sold (total square foot) ~ 16,794 square feet (sold for 12 million)
Smallest Home Sold ~ 286 square feet
Oldest Home ~ 1869
Most Bedrooms ~ 14
(this gets a little tricky, some were multi-unit buildings, but were listed as residential)
Most Bathrooms ~ 10
(same as above, some multi-unit buildings were listed as residential)
Largest Lot with home on it ~ 500 acres (in Sedalia)
The Sold data is from last 2 years. I only included residential properties (I hope) and did not include properties that were way outside of Denver area. I also noticed some discrepancies, e.g. a home was listed as having total of 250 square feet (error) but looking at the photo and full description you could see that the square footage was 2500. Now that could mess up the price per square foot calculations.
Had fun looking up this information. Thanks Jeff.
And finally. Here is the disclaimer. *Disclaimer: Data based on information from Metrolist, Inc. for period of 9/30/2006 through 9/30/2008. 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 and Co. 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. Blog posts on the Kenna and Co. Blog represent the opinions and ideas of the author(s). Kenna and Co. Blog does not express the views of Kenna and Co. or those of the broker.
Copyright 2008.© Kenna and Co. Rita Burke. All Rights Reserved. Sept 30th 2008. "Extremely Extreme Denver Real Estate Market Stats"
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Rita - glad it was inspirational. This also was fun to read. We sort of forget about how extreme our markets can really get. Maybe folks in some other areas will share THEIR stats too.
Jeff