These are my first attempts at posting neighborhood market reports in the Denver, CO market. I want to penetrate my the luxury home marketplace. This is certainly a challenging market in normal times, and in this times its like I'm the Don Quixote of agents.
A seperate blog is in order to determine my plan to crack this market segment. One important disclosure point is I'm really only interested in being a buyers agent in this marketplace. You might actually be better served by another agent for listing your home for sale.
What is important to focus on is
Count = Number of homes for sale
Avg Total DOM = 180 or less indicates sellers market. Higher favors the buyers
Avg list price = what the average list price is
Median = Where half the homes are more expensive and half the homes are less expensive
Volume list price = If you wanted to buy every home in that neighborhood how much it would cost. I find this figure very amusing.
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