Luxury Home Sales in Denver - June 2011

By
Real Estate Broker/Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# IR40011786
http://actvra.in/dpk

Luxury Home Sales in Denver - June 2011

Luxury Home salesSales of luxury homes in Denver (City & County of Denver) over $1 Million had the exact number of sales compared to May 2011.    Fourteen properties were sold, however, the days on market decreased significantly from 172 to 106 days.   The average price sold decreased slightly from $1,365,667 to $1,327,018.  

Sales of luxury homes in the entire Denver Metro Area was 48 considerably increased from May which had only 37 sales.     The days on market decreased in June from 303 to 222 total days on market, and average net sold price increased from $1,499,997 to $1,518,006.    There was one home listed in Golden for $2,000,000 that was on the market for 1,166 days, a little over 3 years.   There were seven homes that sold under a week!

The highest sale in the Denver metro area for June was Carmelo Anthony's property which sold for $6,180,000 in Littleton.    This property had 8 bedrooms, 15 bathrooms, built 2002, had 16,793 square feet finished on the upper floors and a fully finished basement adding 4,290 square feet to give this new buyer 21,083 finished square feet.    This property was located on 5.74 acres, 7 car garage, guest house, sound studio, 3 stall barn, pond, theater, gym and a well on the grounds.

Of these luxury home sales, five were distressed sales.   Three were short sales, and 2 were bank owned foreclosures.    Both foreclosures went under contract within 10 days.

 

Luxury Home Sales - June 2011

If you need more information about a specific neighborhood or home, give me a call.  

Denver Relocation, Denver home sales

 

 

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Metro Brokers - House to Home, Inc.House to Home

GRI, ABR, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

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Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Larry & Sheila, I was surprised when seeing under a week for a sale of million dollar homes!     It is interesting pulling these reports!

July 04, 2011 11:06 AM #10
Ambassador
1,244,828
Toni Weidman
Re/Max Sunset Realty - Trinity, FL
23 Years Selling Homes in New Port Richey, FL

Very nice list of luxury homes, Joan. Have a happy Fourth!

July 04, 2011 11:15 AM #11
Rainmaker
1,056,702
Ginny Gorman
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Excellent Joan, we don't have many of those price ranges except on the waterfront homes but there are some great choices in Denver for the discriminating buyer...showcased very well...have a great day!

July 04, 2011 12:07 PM #12
Rainmaker
1,345,898
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

That's simply amazing Joan.  Nothing remotely resembling that in my area.

July 04, 2011 12:15 PM #13
Rainmaker
267,547
Tamara Inzunza
RE/MAX Executives / www.MovingToNova.com / 703-623-8759 - Alexandria, VA
Homes for Sale In Alexandria VA & South County

Awesome report on the luxury home sales in Denver! You do such a great job on making the information easy to understand.  Great information for your readers.

July 04, 2011 12:56 PM #14
Rainmaker
942,662
Bob & Leilani Souza
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California) - Roseville, CA
Placer County, CA: Foreclosures, Auctions, Rentals

Joan, I'm loving your luxury homes sales market reports for Denver...keep them coming! :)

Leilani

July 04, 2011 01:38 PM #15
Rainmaker
1,008,243
Belinda Spillman
Aspen Lane Real Estate LLC - Aurora, CO
Your Real Estate Resource For Life!

Hi Joan,  Were there any luxury homes for sale in Aurora?  Just wondering....

July 04, 2011 02:37 PM #16
Rainmaker
494,150
C. Lloyd McKenzie
Prudential Allstar Realtors - Albuquerque, NM
MBA - Prudential Allstar Realtors -

Hi Joan,

I hope you are able to Sell a few of those this summer! 

July 04, 2011 11:12 PM #17
Rainmaker
306,782
Wandanna Melliphant
Royal Lepage Credit Valley Real Estate Brokerage - Mississauga, ON
A Name Real Estate Investors Trust and Recommend

Hi Joan,

Very; interesting stats on the Denver luxury market.
Good job on your report! It's simple and straight to the point!
I hope you sell a few and have a really nice summer...

July 04, 2011 11:36 PM #18
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Toni, there were surprisingly more homes sold --- the luxury market is coming back STRONG!

July 05, 2011 01:48 PM #19
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, I am surprised you don't have properties in this price point, being so close to the water!    I understand the waterfront properties SHOULD be multi-million dollar sales!

July 05, 2011 01:49 PM #20
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Anita, the $6 Million sale is unusual especially in town, usually it is a bit out of town and with acreage!

July 05, 2011 01:50 PM #21
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

THANKS Tamara!   Hope you had a great Holiday weekend, and was BUSY!

July 05, 2011 01:51 PM #22
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Leilani, I get excited to see when the million dollar foreclosures go on the market, and what they end up getting for them.   Even more amazing when they pay CASH!

July 05, 2011 01:51 PM #23
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Belinda, none in Aurora....

July 05, 2011 01:52 PM #24
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

C Lloyd, maybe, maybe not this summer, but have a couple buyers come in town in the next few months that are in that market.

July 05, 2011 01:52 PM #25
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wandanna - it is good to do market reports to see what is happening in our City.   It is a big City, so sometimes nice to break it down to some of the suburbs and Denver separate.  

July 05, 2011 01:54 PM #26
Rainmaker
1,108,114
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

Hope you had a great first half of the year and a Happy Fourth, and now it’s on to a great second half!

July 05, 2011 02:23 PM #27
Rainmaker
1,378,718
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim, the first half was less than I would have hoped, but 2nd half looks very promising!   Hope yours was good!

July 05, 2011 03:50 PM #28
Rainmaker
255,081
Lance Owens (RS)
LUVA Real Estate - Kailua-Kona, HI
Luxury Real Estate and Vacation Property sales

Theres your market Joan - go get those million dollar plus sales - you deserve them ! 

July 07, 2011 01:56 AM #29
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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