“It was a record for luxury sales in April,” Gary BAuer. [...]
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Highlights: Signature home sales up 6.6% in March Buyers paid $56.5 million for homes just below $1 million in March. Average price per square foot was $272. This “Signature” home in the Cory-Merill area sold in March for $970,000. Buyers in the first quarter bought 147 single-family homes and 12 condos priced from $750,000 [...] “We are operating outside of historic norms,” Gary Bauer. [...] 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, [...] “Now that these homes are down to a market rate, they are selling,”Gary Bauer. [...] Gary Bauer finds that well-heeled buyers are snapping up former $1 million homes for far less. [...] |
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