The metro Denver luxury homes market for homes priced over $1,000,000 is currently a buyers market. There are currently 16 months of inventory for the metro Denver luxury real estate market. Anything over six months of inventory is considered a buyers market. If you’re considering buying a luxury home in the Denver area, now may be a great time to get started on your home search. You are more likely to get a good deal on a luxury home than you were last summer. In fact, we guarantee that you’ll save at least $5,000 on your luxury home purchase. Call 720-408-7409 or contact a Metro Denver Luxury Home Realtor® to learn more.
If you are looking to sell a luxury home in the Denver area, you need every advantage you can get to insure your home sells. We can help you with our 1% listing commission. We only charge 1% commission plus a buyer’s agent commission for all of our full-service listings. This can save you tens of thousands of dollars in commission. If you use a portion of this savings for a lower listing price, your home can attract more interested buyers. How many more buyers do you think would be interested in your home if it were priced $20,000 to $50,000 less than your neighbors home? We know that it makes a big difference. All of our listings include a precision pricing consultation, professional photography, listing in all three front range MLS systems, a website built specifically to market and advertise your home, extensive online and Facebook advertising, and much more. Contact a Metro Denver Luxury Home Realtor®, call 720-408-7409 or visit SellAHomeForOnePercent.com to learn more.
See the graphs below for metro Denver luxury home real estate market trends.
Metro Denver Luxury Homes Average Days on Market
Learn more about the market trends and view current homes for sale for a few select neighborhoods:
Denver Country Club Market Trends Report
The market for Denver Country Club homes for sale is changing just as the rest of the Denver real estate market is changing. We’re in the process of going from a hot sellers market to a more balanced market in the Denver metro area. Where not too long ago, we saw multiple offers and bidding wars for the most in demand properties, now we are seeing homes staying on the market longer and going through a series of price reductions. Denver Country Club has seen eleven home sales over the past year with prices up to $2.5 Million. The graphs below will give you an idea of what is happening with Denver Country Club homes for sale over the past 12 months. The first graph shows the average days on market, the second graphs shows the average sales price, the third graph shows the number of active listings and the fourth graph shows the number of sales. If you’d like to learn more about the market and find out how much your home could sell for in our current market, contact a Denver Country Club Realtor® or call 720-408-7409.
Observatory Park Homes For Sale Market Trends Report
The real estate market for Observatory Park homes for sale is changing as of the end of 2018. I’m sure you’ve heard from friends and family how the past couple of years of been a sizzling hot sellers market but that is changing. The days of multiple offers and bidding wars driving up prices over asking price are gone. We are now seeing homes go through multiple price reductions after being on the market for quite some time. If you are a seller, these new market conditions mean that you need to price more aggressively from the start of your listing and have your home in great shape to move your home to the top of buyers lists. If you are a buyer, it means that you have more time to make a decision and can often get a better deal on the purchase of a home. The graphs below show the market trends for Observatory Park homes for sale over the past twelve months. Graph one shows the average days on market, graph two shows the average sales price, graph three shows the number of active listings and graph four shows the number of homes sold. To learn more about the Observatory Park real estate market or to find out how much your home could sell for in today’s market, contact an Observatory Park Realtor® or call 720-408-7409.
Bonnie Brae Real Estate Market Trends Report
Updated December 2018
The real estate market for Bonnie Brae homes for sale is changing just as the rest of the Denver area market is in transition. We are going from the very strong sellers market we have had for the past few years to a more balanced market. You can see in the third graph below that there are currently 11 homes for sale in Bonnie Brae and in the fourth graph that there were 4 homes sold in November. This equates to a 2 and 3/4 months of inventory which is still a sellers market, just not as strong as in the recent past. What does this mean for buyers? It means that buyers will typically have a little more time to decide on a home without worrying that it will go under contract the first weekend on market. It also means that buyers may be able to get a better deal on a home right now. What does this mean if you want to sell your Bonnie Brae home? It means that you need to price your home correctly from the start of the listing and have your home in show condition from the start. One way that we can help you to price your home at a price where you will get more interested buyers is for you to take advantage of our 1% listing commission and price your home a little lower with some of the savings in commission. For example, at the November 2018 average sales price around $1M, you could save around $22,000 or more compared to a traditional agent. How much more buyer interest do you think your home would get if you were to price your home $20,000 under the current market value? Our 1% listing commission is for a full-service listing with more advertising and marketing that you will get with almost any other agent. To learn more, visit SellAHomeForOnePercent.com, contact a Bonnie Brae Realtor®, or call 720-408-7409.
Backcountry Highlands Ranch Real Estate Market Trends Report
Updated December 2018
The real estate market for Backcountry homes for sale is in transition as is the rest of the Colorado front range market. The third graph below shows the months of inventory of homes for sale is currently 15 months. Anything over six moths is considered a buyers market. The fourth graph shows that the number of homes currently for sale in Backcountry Highlands Ranch is fifteen homes. These real estate market statistics mean that buyers of Backcountry homes for sale have the advantage over sellers and can likely get a better deal on a home than they could have in the recent past. Call 720-408-7409 to learn how we guarantee that you will save at least $5,000 on the Backcountry home you purchase.
For sellers of Backcountry homes, it means that you need to price your home competitively by taking advantage of our full-service 1% listing commission. You can then use some of the money you will save on commissions to list your home at a more competitive price. Do you think you would get more buyer interest if your home were priced $20,000 to $30,000 less than your neighbors home? We are almost certain your home would be more popular with buyers at this lower price. Our 1% commission listings are full-service and offer a higher level of advertising and marketing than almost any other traditional realtor you may be considering. Learn more by calling 720-408-7409, contacting a Backcountry Realtor®, or vising SellAHomeForOnePercent.com.
Legacy Ridge Homes For Sale Market Trends Report
The real estate market for Legacy Ridge in Westminster, Colorado is changing. Gone are the days of bidding wars and multiple offers. Instead, we are seeing more homes staying on the market longer and going through multiple price reductions. We are going from a strong sellers market to a more balanced market. What will 2019 bring? We can’t know for certain but with rising interest rates it seems likely that we will continue to see a softening of the market for Legacy Ridge homes for sale. The graphs below will give you an idea of the general real estate market trends for Legacy Ridge over the past 12 months. The first graph shows the average days on market, the second graph shows the median sales price, the third graph shows the number of active listings and the fourth graph shows the number of homes sold. To learn more about the Legacy Ridge market or to find out what your home could sell for, contact a Legacy Ridge Realtor® or call 720-408-7409. There’s never an obligation or high-pressure sales.