Lone
Tree Home Sales and Values QIII 09
First here
are Homes Sales in Lone Tree for the third quarter in 2009. But
instead of
continuing with the typical market report for Lone Tree this
time we'll look at Price Reductions. Meaning how many sellers reduced
the
original list price and the percentage of price cuts. You can find the full market report for Lone Tree
here.
Lone Tree CO Homes sales - QIII 2009
| 2009 |
Jul | Aug | Aug |
| Closed Sales | 14 | 12 | 13 |
| Average Sales Price | $674,227 | $705,554 | $515,231 |
| Median Sales Price | $476,000 | $636,554 | $440,000 |
| % of Original List Price | 91% | 91.9% | 92.2% |
| Average Days on Market | 144 | 198 | 93 |
| Average Price /sq ft | $207 | $206 | $187 |
| Pending | 25 | 18 | 98 |
| Number of Active Listings | 108 | 104 | 17 |
| New Listings | 20 | 14 | 17 |
Days on Market = total days on market.
Now, Listings with price cuts. Roughly approximately 40-50% of sellers do a price reduction from the original listing price (looking at data from 2007 to present). The average price cut is about 5%. The highest price cut this year was 39% of the original list price.The home was on the market for over 400 days.
% of Listings with Price Reductions per month in Lone Tree CO
Average % of Price Reductions per month in Lone Tree CO
Search homes for sale in Lone Tree
If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate
Related Lone Tree information:
Lone Tree Foreclosures for sale
Today's New Listings in Lone Tree
This Lone
Tree Market Report
is brought to you by Rita Burke, Kenna Real Estate. The report is
for 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 offered. This report or any part of
it may
not be used without permission from Rita
Burke.
*Disclaimer:
Data based on information from Metrolist, Inc. from 1/1/2006
to 10/11/2009. 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. Lone Tree Real Estate. Oct 11th 2009. "Lone Tree Home Sales and Values Sep 09"
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