University Hills Denver Homes: Latest Market Stats

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

Count 44  
Avg Total DOM 53  
Median Total DOM 36  
 
YOC Oldest 1949
  Median 1952
  Newest 2013
 
  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.

 

 

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