Sales of single family homes worth $1 million or more increase in September
Forty-seven homes including 42 single-family homes and five condos sold in September in the Denver metropolitan area for $1 million or higher, according to real-estate analyst Gary Bauer.
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Bauer said of the 42 single-family homes sold in September, the highest price was for a 9,694 square foot home with four bedrooms and seven baths. It sold for $3.8 million.
The average selling price in September for single-family homes in the $1 million or more category was $1,478,593.
The active inventory for single-family at the end of September was 799 units and 84 condo units.
Bauer said that of the 395 single-family homes sold so far this year, the highest price was $8.2 million for a 12,298 square foot home with five bedrooms and nine bathrooms.
Of the 31 condos sold this year, the largest amount paid was $2.47 million for a 2,691 square foot three bedroom and three bathroom condo.
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