Low inventory drives up Denver luxury home prices

real estate3
Continued low inventory among metro Denver luxury homes drove prices higher and average days on the market lower.  There were 26 homes with a price tag over $1 million sold in January.  Average prices jumped 14% year over year and days on the market plunged almost 50% from a year ago to 108 days.  The highest price home sold in January was for $5.8 million.
Read article – Denver Business Journal

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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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