Kentwood reports luxury home sales decline in December

Publish date
01/24/2012
Source
Inside Real Estate News
Main Category
Economy - Denver
Article Summary

A report of luxury home sales in the Denver metro area for December indicates that it had declined from December 2010.  Based on Metrolist data, the report by Kentwood Real Estate indicates a decrease of 5 sales for the period to total 29, and an average sales price increase of $0.01 million to $1.51 million.  However, the year relative to 2010 declined only 1.3% in total sales in the sector to 379 and the total volume declined less than 5.0% to $566.8 million.

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