Jude's Real Estate Rumblings

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Denver-area luxury home sales slip in 2009, but median price rises

Denver-area luxury home sales slip in 2009, but median price rises - Luxury home sales in metro Denver ended 2009 with a 9.5% boost in median sales price from 2008, but a decrease in sales, according to Metrolist data released Monday.  In December, 33 homes sold for $1 million and more, while in November there were 39 sales.  Median sales price for December increased 9.5% to $1.35 million year over year.  Boulder had the most $1 million-plus home sales at 13, followed by Denver with 8 and Cherry Hills Village with 6.  Million-dollar homes were on the market an average of 145 days, up from 119 in November and from 106 days in December 2008.
http://www.bizjournals.com/denver/stories/2010/02/01/daily17.html?s=industry&i=resi_real_estate

How's the housing market in your neighborhood?

0 commentsJude Sandvall, CNE, SFR 720-255-1021 • February 02 2010 04:56PM

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