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Lone Tree CO Real Estate - Quarterly report 500K-700K

Real Estate Broker/Owner with Kenna Real Estate ER40035749

January 20, 2009 05:43 PM

Lone Tree CO Real Estate - Quarterly Report

Lone Tree Real Estate Quarterly report for homes sold in Lone Tree from $500,000 to $700,000.

4th Quarter 2008 ~ $500,000 to $700,000

In the 4th quarter of 2008 you can see large increase in days on the market. The average price per square foot is hovering around $180/sf. Another decrease occurred in percentage of list price received, which averaged under 90% for the 4th quarter. Net sold price averaged at the lowest since 2.5 years ago ~ $556,303.

Quarterly Numbers 4th quarter 2008

	Q4
Number of Homes sold	7
Days on Market (DOM)	244
DOM range - low to high	6-508
% Difference List vs. Sold	88.6%
% difference - low to high	80-100%
Average Price/square foot	$181
price/sf - low to high	$150-$260

Many homes were on the market for hundred or more days. During the summer months homes usually stay on the market for shorter amount of time and more homes are sold during the summer. (see graphs below). There are 12 homes currently available in this price range in Lone Tree.

Here are a few graphs for a look back 2006-2008.

Lone Tree Real Estate - sold reports

Graphs present quarterly averages. Residential detached single family homes only.

Thinking about selling your house? What do these graphs mean to you? The graphs give you an idea of market changes within the last few years. However, each home is different and in order to evaluate the value of your home a custom analysis is recommended. Contact us for a free report specific to your house.

Selling a home is more, much more than putting a sign on the yard and entering the home in the multiple listing service site. When interviewing agents ask what they do to get your home sold.

Find out what we do to market your home and get it SOLD. Here is a peek.

Selling a home in Lone Tree - marketing

See what is cooking in Lone Tree real estate market
Homes for sale in Lone Tree
Foreclosures in Lone Tree

Lone Tree Neighborhood Market Reports
Neighborhoods review Dec 08
Heritage Hills Market Reportd Dec 08
Heritage Estates Market Report Dec 08
Carriage Club Market Report Dec 08

Brian and Rita Burke
Kenna and Co. Real Estate

303.955.4220 Office
303.710.2609 Brian Direct
888.417.4347 Fax

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*Disclaimer: Data based on information from Metrolist, Inc. for period of 01/01/2006 through 12/31/2008. 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.