The Denver luxury housing market saw a substantial increase in the month of March. With 49 houses sold with a price tag of more than $1 million, Denver was up 63% from February. The average selling price was at $1.53 million.
According to the Denver Business Chronicle, “Inventory numbers continued to dwindle, as the report showed 582 luxury homes on the market, down 4 percent from the prior month and down 42 percent from March 2011.”
Boulder County had the most sold, followed by Arapahoe county and then Denver County. To learn more about Denver market news subscribe to our email list to the right of this blog post.
If you are looking to buy or sell a luxury home in Denver give Ann Meadows a call at 888-860-1931.