September 2021 Luxury Real Estate Market Report
Welcome to fall in Colorado! We are officially seeing leaves changing colors, crisp air hitting our faces, and warmer clothes coming out of closets. That is not the only seasonal change we are seeing here in Colorado though, we are also beginning to see sold, pending, and active listings stabilizing. This month’s Luxury Real Estate Market Report for South Metro Denver tells us that despite the continued shortage of inventory, it is increasing slowly and is up 10.86% through September. The market demand is cooling slightly with days in the MLS up 18% month over month to 14 days. The average closed price is up .77% from the prior month and up 15.11% from the prior year.
South Metro Denver Luxury Real Estate Overall Sales in September
Though we appear to have peaked in June this year in terms of sold units, we are still seeing high sales volume when looking back and comparing to 2019 (as a reference for our last “normal/standard” year) and it appears that the normalizing of our current market is aided by seasonal factors.
If you want similar in-depth information and a breakdown of different areas including the following neighborhoods download the full 14-page South Metro Denver Luxury Real Estate Market Report September 2021.
🏘 Castle Rock 🏘 Castle Pines 🏘 Greenwood Village 🏘 Parker 🏘 Highlands Ranch 🏘 Cherry Hills Village 🏘 Lone Tree
Helping You Make Informed Decisions Regarding Real Estate
We produce this monthly report to provide you with a high-level overview by looking at the patterns and trends. Our goal is to help YOU make sense of the numbers so you can make an informed decision. It is our hope that this report helps you to ”See the Big Picture and All the Details!”
If you see a segment of the market that you would like additional help with understanding please contact us. Or if you desire a specific Home Estimate that we routinely prepare for our clients, please contact us, we would be happy to go to work and get that to you.
This report covers Single Family Homes for the Castle Rock, Castle Pines, Greenwood Village, Parker, Highlands Ranch, Cherry Hills Village & Lone Tree Neighborhoods and specifically including these luxury neighborhoods in Parker: Butterfield, Centennial Ranch, Colorado Golf Club, Elkhorn Ranch, Evans Ranch, Idyllwilde, Ponderosa Hills, Pradera, Random Valley, Retreat at the Timbers, Spirit Ridge, The Pinery, The Timbers, Timbers at the Pinery.
You will also see a ”slice” of the data by Price Range and by Area for Single Family Homes to provide a more insightful view of the market.
How Can We Help You With Your South Metro Denver Luxury Real Estate Needs?
The level of detail in this report is representative of what you can expect from us as your agents. We hope to provide the same amount of expertise and insight when representing you in your next real estate transaction.
Do you wonder what your home is worth in the current market? Or do you have questions or want more information about something in the market report? Do you desire a specific Home Estimate that we routinely prepare for our clients? Please contact us or visit this link to get the ball rolling.
If you’d like to know more about what we can offer for you during these trying times then don’t hesitate to reach out. You can contact us here! Or if you would like more information on how the South Metro Denver Luxury Real Estate Market is doing, you can sign up for our monthly market report here.
We as a team are committed to supporting each other and our clients so that we can make it through this. If there’s anything you need at all, please get in touch!
Jeff Kloenne & Ryan Wilson & Vicki Zeeb
Certified Luxury Home Marketing Specialists
Coldwell Banker Residential Brokerage
Ryan (303) 916-8491
Jeff (303) 884-9830
Vicki (303) 549-6203
team@kloennewilsonzeeb.com