“Now, we are starting to see the market improve dramatically in the Signature price range,” Gary [...]
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“The inventory for the whole market is down,” Gary [...] “Especially near the top of the price range, buyers realize that not long ago these homes would have sold for $1 million or $1.2 million,” Gary [...] “We are operating outside of historic norms,” Gary [...] $1 billion-plus in luxury home sales are in the [...] This 5,489-square-foot home with five bedrooms and six bathrooms, last month sold for $835,000, close to the average price for the metro area. The market for Denver-area “Signature” homes — those with a price level just below $1 million — soared in September, as well as in the first three quarters of the year, according [...] “It is dramatic,” Gary [...] “This is the best environment for sellers that we’ve seen in a long time and may be a leading indicator for other like-sized markets around the U.S,” Kirby [...] “The strength of the market is showing that people can buy homes in the higher-priced categories,” Gary [...] “Basically, they are getting $1 million and $1 million-plus homes for far less than that,” Gary [...] |
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