Northeast Denver and southern Aurora had the most single-family home resales in the metro area at more than 1,000 in each area through May, according to Metrolist Inc. market-area data. Year-to-date home sales in that part of Aurora were 1,149, while northeast Denver sales were 1,115. Those sales, however, were down compared to the first five months of 2008 — from 1,376 and 1,182, respectively.
Still-strong areas with less than 1,000 home sales included southwest Denver (809), southeast Denver (759) and the central part of the northern metro-area suburbs (754), the Metrolist data showed.
The highest average selling prices for such homes through May were in the Boulder area — at $527,216 for the Boulder plains area and $663,311 for Boulder proper.
The mountain area of southern Jefferson County reported some of the lowest single-family home sales year-to-date, at two. Other low-selling regions included the mountain areas around Boulder (six) and northern Jeffco (15), as well as Louisville (22).
Lowest average single-family home sales prices were in areas such as southern Aurora ($92,230), southern Jeffco’s mountain area ($147,125) and the eastern part of the northern suburbs near Denver International Airport ($152,204).
Looking at condominium sales through May, southeastern Denver and southern Aurora had the highest at 619 and 453, respectively. Those sales were down from 786 and 659 in the same period a year ago, respectively.
Downtown Denver had the highest average selling price for condos for this year’s initial five months, at $431,249.
Some of the lowest condo prices were in the northern Aurora ($74,642), southern Aurora ($89,638) and central Jeffco ($99,483).
Jeffery McClintock, is a real estate broker in Denver and prides himself on providing clients with professional guidance in all phases of residential new construction, including market research, product development, consulting, marketing and advertising. His personal mission is to bring to you a level of knowledge, experience, commitment, high standards and results to answer your real estate needs. He believes, the most effective way to provide superior service is to build a strong working relationship with you. His system includes regular consultations and feedback, which is the best tool for identifying and clarifying your real estate objectives and help define strategic solutions.
Posted by: Jeffery McClintock
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