The Preserve Greenwood Village CO Home Sales & Real Estate Trends Jul 09
Two houses sold in The Preserve in Greenwood Village in July, which is a large drop from July of 2008 when six houses sold. The trend of houses staying longer on the market continues. The average sold price is steadily lower than what it was a year ago.
The Preserve, Greenwood Village, Arapahoe County, CO
| May | Jun | Jul 09 | |
| Closed Sales | 1 | 1 | 1 |
| Average Sales Price | $750,000 | $1,675,000 | $1,097,500 |
| Median Sales Price | $750,000 | $1,675,000 | $1,097,500 |
| % of Original List Price | 86.2% | 63.2% | 89.4% |
| Average Days on Market | 108 | 640 | 90 |
| Average Price /sq ft | $262/sf | $377/sf | $279/sf |
| Pending | 2 | 4 | 3 |
| Number of Active Listings | 31 | 28 | 29 |
| New Listings | 2 | 2 | 3 |
Days on Market = total days on market.
The Preserve Home Sales comparison 2008 vs. 2009
From Jan 1st to July 31st (year-to-date)
| Yearly Comparison | 2009 |
2008 |
| Closed Sales | 9 | 13 |
| Average Sold Price | $1,391,728 | $1,921,875 |
| Lowest Sold Price | $715,000 | $805,000 |
| Highest Sold Price | $2,495,000 | $5,799,380 |
| Average % of Original List Price | 84.5% | 93.6% |
| Lowest % of Original List Price | 63.2% | 81.5% |
| Highest % of Original List Price | 96.5% | 100% |
| Average Days on Market | 261 | 116 |
| Lowest Days on Market | 38 | 0 |
| Highest Days on Market | 640 | 264 |
| Average Price per Sq Foot | $349/sf | $408/sf |
| Lowest Price per Sq Foot | $241/sf | $260/sf |
| Highest Price per Sq Ft | $603/sf | $888/sf |
As of Aug. 20th, 2009 there are 28 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. All Rights Reserved. Aug 20th 2009. "The Preserve Greenwood Village CO Home Sales and Real Estate Trends July 09"
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