Wednesday, July 7, 2010

Million-dollar home market shows some spark

The million-dollar home market is not on fire, but the vast majority of seven-figure homes selling from Boulder to Douglas counties, are not being unloaded at fire-sale prices. Sellers appeared to have made a profit on the vast majority of the homes closed in May. Million-dollar homes across the metro area sold for an average of 92.3% of the asking price. The analysis found that the average sales price per square foot for all of the homes was $334.58. See the full article for more stats:

http://insiderealestatenews.com/2010/07/million-dollar-home-market-shows-some-spar/