Some more good news for Denver Luxury Homes this morning. A new report is showing a continued improvement in the sales of Luxury homes across the metro area. These numbers have been slowly trending up all summer and its great news to see the trend continue!
From The Denver Business Journal
More luxury homes sold in the metro Denver area in July, and for a higher median price, than in the same month of 2010, according to a new report from Coldwell Banker Residential Brokerage.
Deals closed on 69 homes, each priced more than $1 million, according to the report, which is culled from Multiple Listing Service data. While that number was up 38 percent from the 50 homes sold in July of 2010, it fell slightly from June’s 71 sold.
The median price rose to $1.39 million, up from July 2010’s price of $1.22. That number also climbed 7 percent from June’s median price of $1.3 million.
Read the entire article.
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