Denver’s Luxury Home Market Heats Up

Denver’s Luxury Home Market Heats Up

According to Metrolist Inc. of Greenwood Village, the Metro Denver luxury home sales in March showed a strong rebound. The figures for March showed increases from the previous month as well from last year in March 2010.

Metro Denver luxury sales included 36 single-family homes that were valued at $1 million or greater. Of the luxury home sales, three included the sale of a condominium. The lowest price point was $1 million and the highest price was $2.6 million. Fourteen of the sales were in Denver County, ten in Arapahoe County, eight in Bouler County, two in Douglas County, and two in Jefferson County.

The sales figures for the past month were up 22 percent from February 2011 and up 14 percent from last year.

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