Is the luxury Denver real estate market slowing down? That’s the story told by our local Realtor Association. January sales of homes priced over $1.5 million in the Denver Metro area dropped by almost half from the previous month. But let’s not jump to conclusions. One month of sales does not make a trend.
Sq. Ft: 5700
Year Built: 2005
Recent market-wide statistics do not yet show Denver real estate in recovery mode. But, individual neighborhoods are more in balance between supply and demand. Take where I live and sell homes I’ll go out on a limb and make a prediction about the Castle Pines North real estate market.
Low inventory levels and consistent homes sales […]
by Doug Hutchins, Castle Pines North Realtor
The construction of the permanent home for American Academy in Castle Pines North is progressing nicely thanks to the mild winter. The building, which will house students from K-8, is to be completed in early September in time for the start of the 2009-2010 school year.
The new 83,000 square […]