Denver Homes Expert - The Brian Petrelli Team

Denver-area luxury-home sales hit two-year high

This is certainly good news!

From the Denver Business Journal:

Denver-area luxury-home sales hit two-year high in August

Sales of luxury homes in metro Denver hit a two-year high in August, indicating the local high-end housing market "is on the mend," according to a Coldwell Banker Residential Brokerage report released Friday.

A total of 71 homes selling for more than $1 million were purchased last month, up 48 percent from 48 such homes sold in August 2009. Last month's sales were up 42 percent from 50 high-end home sales in July of this year.

"Luxury home sales were at the highest level since August 2008, before the peak of the financial crisis," CB's August 2010 Denver Metro Area Luxury Home Report said. The report uses Multiple Listing Service data.



Read more: Denver-area luxury-home sales hit two-year high in August - Denver Business Journal

Metro Area Home Searches:
Homes for sale Aurora colorado, Homes for sale Arvada colorado, Homes for sale Castle Rock colorado, Homes for sale Centennial colorado, Cherry Hills Village Homes, Homes for sale Denver colorado, Homes for sale Englewood colorado, Homes for sale Golden colorado, Homes for sale Highlands Ranch colorado, Homes for sale Lakewood colorado, Homes for sale Littleton colorado Homes for sale Parker colorado, Homes for sale Thornton colorado, Homes for sale Westminster colorado, Denver Area New Homes Directory

Comment balloon 0 commentsBrian Petrelli • September 24 2010 07:56PM
Denver-area luxury-home sales hit two-year high
share
This is certainly good news! From the Denver Business Journal: Denver-area luxury-home sales hit two-year high in August Sales of luxury homes in metro Denver hit a two-year high in August, indicating the local high-end housing… more
Morningside Condos Denver - New Listing
share
Our team is thrilled to announce our new listing in Morningside Condos Denver This is a HUGE 2 bedroom, 2 bath home with over 1, 300 square feet and an extra "bonus" room that could be used as an office, craft room, etc. With an… more
Telluride Condos, Lakewood - New Listing
share
We're thrilled to announce our team's newest listing! The great condo at 433 Wright Street is a two bedroom, 1 bath unit in Telluride Condos, Lakewood This is a ground floor unit with brand new carpet, stainless steel appliances, a/c a back… more
Southlawn Denver Homes - Just Listed
share
Looking for a good investment, fix and flip or rental opportunity? This could be the home you've been waiting for. Our team just listed this great little house in the Southlawn Denver Homes area for just $99, 500! While this is not a giant… more
Harvey Park Denver Homes
share
Harvey Park is a great neighborhood located in the Bear Valley Homes Denver area. Harvey Park Denver Homes range in price from just under $100, 000 for HUD's and foreclosures, to as high as $700, 000+ for a great home on the water. We have just… more
Canyon Ranch Highlands Ranch - Just Listed
share
If you're searching for Highlands Ranch Condos or Littleton Condos Pay attention! We have just listed this 3 bedroom, 2 bath condo in Canyon Ranch Highlands Ranch for only $155, 000! This is a 2nd floor unit with vaulted ceilings and a garage… more
Green Valley Ranch Homes - Just Listed at Only $149, 900
share
Our team has recently listed this amazingly priced Green Valley Ranch home! riced at just $149, 900, this 4 bedroom (all upstairs), 3 bathroom house has over 1, 500 square feet! Take advantage of all that Green Valley Ranch has to offer! If you… more
Denver Mountain Land
share
Our team is thrilled to announce our new Denver Mountain Land listing in the Denver Foothills! This gorgeous home sits on 240 Acres of land!! You truly need to see this amazing acreage to appreciate this home and the land it sits on. … more
Dakota Station Littleton - Price Reduction
share
The sellers on our townhome in Dakota Station Littleton have reduced the price to $127, 900! This is a tremendous deal on a Littleton Townhome with new carpet, new paint, 2 stories, a/c and a great back deck that basks to a greenbelt. … more
Cherry Hills Village Homes
share
I wanted to take a minute to introduce a new member of our team. Brandon Christian joined our company last month and we're thrilled to have him with us. Brandon specializes in Cherry Hills Village Homes and is dedicated to knowing the… more