Luxury home resales were up nearly 12% in 2010

Resales of luxury homes in metro Denver were up nearly 12% in 2010 over the previous year, according to Metrolist Inc. data released Thursday.  However, resales of houses and condos priced at $1 million or more dropped 18.9% in December to 43 from 53 for the final month of ’09.  Average sold price for houses alone decreased 8.2% last month to $1.45 million, year over year.  For all of 2010, $1 million-plus home sales rose 11.6% to 528.  Total high-end sales volume for the year jumped as well, 9.5% to $810.9 million.

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About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

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