The Preserve Greenwood Village CO Home Sales Jun 09
One house sold in The Preserve in Greenwood Village in June. This house sold for only 63.2% of the original list price, that is almost a million dollar reduction from the original price. Homes are staying longer on the market this year compared in 2008 and on average selling for lower price per square foot and yielding a lower percentage of the original asking price.
The Preserve, Greenwood Village, Arapahoe County, CO
| Apr | May | Jun 09 | |
| Closed Sales | 2 | 1 | 1 |
| Average Sales Price | $971,000 | $750,000 | $1,675,000 |
| Median Sales Price | $971,000 | $750,000 | $1,675,000 |
| % of Original List Price | 86.7% |
86.2% | 63.2% |
| Average Days on Market | 286 | 108 | 640 |
| Average Price /sq ft | $286/sf |
$262/sf | $377/sf |
| Pending | 2 | 2 | 4 |
| Number of Active Listings | 34 |
31 | 28 |
| New Listings | 2 | 2 | 2 |
Days on Market = total days on market.
The Preserve Home Sales comparison 2008 vs. 2009
From Jan 1st to June 30th (year-to-date)
| Yearly Comparison | 2009 |
2008 |
| Closed Sales | 7 | 7 |
| Average Sold Price | $1,465,285 | $1,862,714 |
| Lowest Sold Price | $715,000 | $785,000 |
| Highest Sold Price | $2,495,000 | $$5,799,380 |
| Average % of Original List Price | 83.3% | 95.3% |
| Lowest % of Original List Price | 63.2% | 89.6% |
| Highest % of Original List Price | 92.8% | 100% |
| Average Days on Market | 304 | 108 |
| Lowest Days on Market | 108 | 0 |
| Highest Days on Market | 640 | 264 |
| Average Price per Sq Foot | $366/sf | $405/sf |
| Lowest Price per Sq Foot | $241/sf | $266/sf |
| Highest Price per Sq Ft | $603/sf | $525/sf |
As of Aug. 1st, 2009 there are 29 homes for sale in The Preserve, which includes one bank owned home. Search homes for sale in The Preserve and find Luxury Foreclosures in Denver area - click on the links below.
Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.
This Greenwood Village Neighborhood Real Estate Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
Brian and Rita Burke
303.955.4220 Office
303.710.2609 Brian Direct
Homes@kennarealestate.com
*Disclaimer: Data based on information from Metrolist, Inc. for period of 1/1/2007 through 8/1/2009. 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. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.
Disclaimer: Kenna Real Estate 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.
Copyright 2009.© Kenna Real Estate. Rita Burke. Greenwood Village Real Estate Agents Brian Burke and Rita Burke. All Rights Reserved. Aug 3rd 2009. "The Preserve Greenwood Village CO Sold Homes Report Jun 09"
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