Our team is preparing to list a home in the University Hills Denver Homes neighborhood in the coming weeks. As we prepare our marketing, we ran a recent report detailing the sold homes in the area for the past 6 months. As we have been helping many clients looking in this area, we wanted to make that report available to you here.
While this is a helpful chart, to accurately value a home, you need to look at each homes condition, level of upgrades, etc. This is especially true in a neighborhood such as University Hills. The age of the homes, combined with the vast differences in upgrades and remodels can make valuing a home difficult. If you are considering buying or selling in the area, contact our team at 303-726-1874 so we can run a detailed analysis of the home
University Hills Homes:
Sold
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| Original | List | Sold | Net Sold | |||||||||||||||
| Average Price | $273,768 | $270,424 | $263,537 | $262,131 | ||||||||||||||
| Median Price | $225,000 | $222,500 | $220,002 | $218,500 | ||||||||||||||
| Avg Price/SqFt | $202 | $200 | $195 | $194 | ||||||||||||||
| Avg Price/Fin SqFt | $186 | $184 | $179 | $178 | ||||||||||||||
| Avg Price/Acre | $732,461 | $726,195 | $710,112 | $707,202 | ||||||||||||||
| Avg Price/Avg List | 97.45 % | 96.93 % | ||||||||||||||||
| Avg Price/Avg Orig | 96.26 % | 95.75 % | ||||||||||||||||
| Median Price/Avg List | 98.88 % | 98.20 % | ||||||||||||||||
| Median Price/Avg Orig | 97.78 % | 97.11 % | ||||||||||||||||
| Lowest Price | $118,000 | $118,000 | $117,000 | $117,000 | ||||||||||||||
| Highest Price | $855,000 | $799,900 | $782,000 | $782,000 | ||||||||||||||
| High/Low Range | $737,000 | $681,900 | $665,000 | $665,000 | ||||||||||||||
| Mode Price | $215,000 | $215,000 | $166,000 | $205,000 | ||||||||||||||
| Volume Price | $12,045,797 | $11,898,693 | $11,595,653 | $11,533,785 | ||||||||||||||
Based on information from Metrolist®, Inc. for the period September 2012 through March 2013 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.
Please remember that these statistics account for all home sales – including short sales and Denver foreclosures in the neighborhood. When valuing a home, appraisers prefer to use an apples-to-apples comparison, so grouping all sales together is not an ideal measurement for value. Contact us today for a detailed report on your home.