The Preserve Greenwood Village Home Sales

The Preserve Greenwood Village Homes have been selling at the rate of 1-2 per month this year. So far 18 houses have sold in The Preserve in 2009. A few more houses sold in 2008. The inventory remains at even 30 houses on the market at the end of October. 

One of the bigger statistical differences this year compared to 2008 is that homes are selling on average for less per square foot. The average in 2008 was near $400 per square foot. This year depending on the month the price per square foot has dipped to low 200s and averages around $340 per square foot. 

2009
AugSepOct
Closed Sales121
Average Sales Price $1,206,000$1,971,250$1,125,000
Median Sales Price $1,206,000$1,971,250$1,125,000
% of Original List Price 89%76.1%87.2%
Average Days on Market 147361126
Average Price /sq ft $297$338$226
Pending 1-1
Number of Active Listings 313130
New Listings431
Days on Market = total days on market.


The Preserve Home Sales comparison 2008 vs. 2009
From Jan 1st to July 31st (year-to-date)

Yearly Comparison 2009
2008
Closed Sales 11 14
Average Sold Price $1,398,591 $1,884,999
Lowest Sold Price $715,000 $805,000
Highest Sold Price $2,495,000 $5,799,380
Average % of Original List Price 85.5% 92.8%
Lowest % of Original List Price 63.2% 81.5%
Highest % of Original List Price 96.5% 100%
Average Days on Market 251 115
Lowest Days on Market 38 0
Highest Days on Market 640 264
Average Price per Sq Foot $349/sf $401/sf
Lowest Price per Sq Foot $241/sf $260/sf
Highest Price per Sq Ft $603/sf $888/sf

 

Homes for sale in The Preserve in Greenwood Village

Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.

If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate
 
The Preserve Greenwood Village Real Estate Market Report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any.  This report or any part of it may not be used without permission.

Disclaimer
Copyright 2009.© Kenna Real Estate. Rita Burke. All Rights Reserved. Sept 16th 2009. "The Preserve Greenwood Real Estate Aug 09"

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