Denver Luxury Homes and Real Estate - Luxury Homes are selling
By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Denver's Luxury Home Market - Luxury Homes are still selling In light of the recent economic "bumps and bruises" I wanted to take a closer look at how sales in the Denver area luxury real estate market are doing today. Included in this report are luxury homes within the Denver Metro area (not included: Boulder, Longmont, Loveland, Evergreen etc. - outside Denver Metro Area). The homes are/were priced at one million or above and are detached single family residences. Currently There are 56 luxury homes Under Contract in the Denver area, ranging from one million to $4,600,000. (Around here you will hear escrow referred to as being under contract). Half of the 56 homes have been under contract for quite some time, some since March of 2008. This longer that usual time frame for being under ...