Greenwood Village Real Estate Trends Q3

Greenwood Village Real Estate Trends Q3

Posted by Brian Burke on Monday, November 30th, -0001 at 12:00am.

Greenwood Village CO Real Estate Update

Greenwood Village CO Real Estate is recording higher closed sales than in 2008. One of the few areas around Denver to do so. Most home buyers in Greenwood Village are using conventional loans - 80% (2009) in purchasing their homes, 16 % of buyers have been buying with cash and 4% used an FHA loan so far this year. 

  July Aug Sept
Closed Sales 17 10 13
Average Sales Price $815,929 $896,333 $965,556
% of Original List Price 86.2% 83.1% 89.1%
Average Days on Market 253 115 119
Average Price/square foot $258 $260 $286
New Listings 18 21 17
# of homes for sale 135 134 137

Days on Market = total days on market.

Greenwood Village CO Real Estate 2009 vs.2008
From Jan 1st to Sept 30th

  2009 2008
Closed Sales 94 82
Average Sold Price $829,671 $1,129,448
Lowest Sold Price $243,000 $257,500
Highest Sold Price $3,900,000 $5,799,380
Average % of Original List Price 86.7% 91.4%
Lowest % of Original List Price 46.2% 72.2%
Highest % of Original List Price 104.3% 113.4%
Average Days on Market 186 120
Lowest Days on Market 0 0
Highest Days on Market 1094 605
Average Price per Sq Foot $250/sf $300/sf
Lowest Price per Sq Foot $112/sf $134/sf
Highest Price per Sq Ft $604/sf $888/sf

As of Oct. 4th, 2009 there are 137 residential houses for sale in Greenwood Village real estate market. The prices range from $295,000 to $8,900,000. The price per square foot ranges from $118 to $979. 11 houses are currently  under contract pending sale.

Search Homes for sale in Greenwood Village


 

This Greenwood Village Market Report is for 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 2009-2013.© Kenna Real Estate. Brian Burke. All Rights Reserved. Oct 4th 2009."Greenwood Village CO Real Estate Update".

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Brian Burke | Broker | ePRO | Expert   | 303.955.4220 Office | 303.710.2609 Direct |  Brian@kennarealestate.com

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