Denver CO Luxury Homes - Market Report Q4 / 07 to Q3 / 08
In the third quarter fewer luxury homes sold in Denver than compared to the previous quarter. The luxury homes in Denver were spending slightly less time on the market on average and receiving a slightly higher price per square foot.
This report is for Denver Luxury Homes sold for one million dollars or more.
Quarterly numbers 4th quarter 2007 - 3rd quarter 2008
| |
Q4 |
Q1 |
Q2 |
Q3 |
| # of Homes sold |
45 |
42 |
63 |
48 |
Average
Days on Market (DOM) |
215 |
205 |
208 |
185 |
Average % Difference
Original List vs. Sold Price |
94% |
90.9% |
83.0% |
89.4% |
| Average Price/square foot |
$298 |
$418 |
$392 |
$396
|
A comparision ~ Q3 07 vs. Q3 08
| |
Q3 07 |
Q3 08 |
| # of Homes sold |
58 |
48 |
| Average Days on Market (DOM) |
198 |
185 |
| Range DOM - low to high |
0 to 613 |
0 to 775 |
| Average Price per Square Foot |
$373/sf |
$396 |
| Price range: price/square foot - low to high |
$215-$613 |
$188-$967 |
| Average % sold price from orig. list price |
88.8% |
89.4% |
| Range % sold price from orig. list price |
67.5-100% |
63.6-101% |
If you are considering selling your luxury home in Denver CO contact Brian Burke directly via e-mail Brian@kennarealestate.com or 303.710.2609 at your convenience. You can also find more information about SELLING YOUR DENVER LUXURY HOME HERE.
LUXURY HOMES CURRENTLY ON THE MARKET IN DENVER CO, CLICK ON BUTTON BELOW
Contact Kenna and CO. Broker Brian Burke, Denver CO Luxury Real Estate, via e-mail or by phone about selling or buying a luxury home in Denver. Denver Luxury Homes and Real Estate.
Brian direct 303.710.2609. E-mail Brian@KennaRealEstate.com
|
Other Local Market Reports:
Lone Tree CO Luxury Homes - Quarterly Report - Q3 08
Greenwood Village CO Luxury Homes Oct 08
Cherry Hills Village CO Homes Oct 08
Heritage Hills Lone Tree CO Homes Oct 08
Heritage Estates Lone Tree CO Luxury Homes Oct 08
Highlands Ranch CO Luxury Homes Market Report Oct 08
Littleton CO Luxury Homes Oct 08
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*Disclaimer: Data based on information from Metrolist, Inc. for period of 10/1/2007 through 11/17/2008. 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. Nov 21st 2008. "Denver CO Luxury Homes and Real Estate - Quarterly Report -Q3 08"
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