Dennis Huspeni of The Denver Business Journal recently reported that the Metro Denver luxury real estate market continues to show signs of strength as summer approaches. According to Huspeni, Metro Denver luxury homes are selling, on average, a month faster than they were at the same time last year. Homes priced at $1 million and above sold in an average of 96 days, compared to the 122 day average set in April, 2013. Sales also showed in increase on a month-over-month basis with 93 luxury homes sold in April compared with 84 homes sold in March. The median sales price increased 3.2% month-over-month and 1.9% year-over-year. Sellers also received 97% of their asking price, up from 96% in April, 2013 and 95% in March, 2014.
At Pradera, we are excited to be opening brand new model homes in our J Filing on June 28th. These models will represent the stunning European Hillside Collection of homes. This collection offers fresh new home plans incorporating the best of European architecture re-imagined to reflect the best of Colorado-living with open, livable floorplans and wonderful outdoor living spaces. The plans range in size from 3,300 to 4,200 square feet and can be customized to each buyer’s taste and desire on the homesite of their choice. Prices start in the $800’s. For more information about these homes, contact Craig Penn via e-mail or by calling 720-851-9411.