Luxury Home Sales - Denver, CO November 2013

By
Real Estate Broker/Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786
http://actvra.in/47Mv
Luxury Home Sales - Denver, CO  November 2013
 
 
Luxury Home - views
Sales of luxury homes in the Denver metro area over $1 million remained stable for the month of November.    This month the data will include attached properties (condos/townhomes).   The month of November we saw 62 properties closed, which is an increase from 55 sales for the month of October.   The days on market increased from 114 to 125 days.   
 


 

There are currently 649 active listings (decrease from 768 in October)  over $1 million, with 2 active bank foreclosures and 2 short sale opportunities.   There are 97 under contract as of today. 

 

Luxury home - kitchen

**Photos courtesy of Metrolist


Of the sales in November 2013,  three bank owned properties sold, no short sales, and 4 were new construction properties sold by the builder.

 

 Here are the sales by City within the Denver metro area -

 

Denver Sales by City November 2013
 

 

There was four sales that remained on the market over a year - one for 2 1/2 years.  There were twelve homes that sold in under one week!

 

 

Denver's highest sales - November 2013

 

The highest luxury sale in  the Denver Metro Area in November 2013 was a home in Boulder which sold for $6,432,495 that was built in 1892.    This Victorian home has 6 bedrooms, 5 bathrooms, 7,627 total finished square feet with a 2 car garage on .51 acres.    This home sold in 14 days.  **photo courtesy of Metrolist

    

 

 

Luxury sales 2013

 

 

 

Here is the data for luxury home sales for the first half of 2013 and the beginning of the 2nd half of 2013 to show the comparable activity month by month at a glance.

 

 Denver sales by month

 

If you are looking to buy or sell a luxury home in the Denver metro area, please give me a call, or if you would like any information on attached luxury homes!

 

 

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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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Ambassador
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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Good morning Joan.  Wow... what a beautiful kitchen you chose to showcase in your post!  Great information on your area real estate luxury market.  We are seeing the higher end homes slow then again there are always the serious buyers out and looking. 

Dec 05, 2013 07:42 AM #1
Rainmaker
854,783
Jeffrey DiMuria 321.223.6253 www.SpaceCoastHomesNow.com
Fontaine Property Group - Melbourne, FL
Your Space Coast Real Estate Expert!

Great report as always Joan. This is why Denver is such a vibrant market...beautiful homes!

Dec 05, 2013 07:47 AM #2
Rainmaker
1,010,219
Adrian Willanger
206 909-7536 TheHomeFunnel.com - Seattle, WA
Profit from my two decades of experience

Joan,

Good overview of the luxury home market in Denver, it looks pretty consistent throughout the year.

Dec 05, 2013 08:47 AM #3
Rainmaker
1,834,013
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO

Joan

The November 2013 real estate market report shows a strong real estate market.

Good luck and success.

Lou Ludwig

Dec 05, 2013 03:24 PM #4
Rainmaker
564,167
Amanda S. Davidson
Living A Dream Real Estate - Alexandria, VA
Your Northern Virginia Realtor

Joan, the luxury market in Denver continues to be strong. I'm always amazed at how many houses go under contract in less than a week. When buying or selling a luxury home in Denver you're the agent to call!

Dec 06, 2013 06:26 AM #5
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Bryan Robertson
Catarra Real Estate, Inc - Los Altos, CA
Broker, Author, Speaker

It looks like there is a nice balance between demand and inventory.  At least you've got inventory.  Around here we're down to single digits in many places.

Dec 06, 2013 09:03 AM #6
Rainmaker
294,977
Charlie Dresen
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Denver real estate has been on fire. This is good news for mountain communities like Steamboat Springs since a large portion of our 2nd home owners are from the front range. If living in a big city is a must, Denver is a great choice. And when it comes time to play, Steamboat is just a short drive away. 

- Charlie

Dec 06, 2013 11:53 AM #7
Rainmaker
1,533,901
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

Another month of strong sales even though the weather has gone from Fall to Winter.

Dec 09, 2013 01:01 PM #8
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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