Market Trends

Colorado Real Estate Market Trends ©

Today’s look at a real estate market trend answers the question:

What is the average price difference on a price per sq. ft. basis (net of seller concessions) between individual sellers and bank and government sellers in the Harvey Park neighborhood of southwest Denver, Colorado?

The sample size consists of 789 sales over the past thirty-seven months. The graph shows there is a significant discount associated with the distressed sales. Over time, the average discount is about 23% (rounded).

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Centennial Appraisal Group, Inc. provides residential real estate appraisal, trend analysis, and consulting services in the Denver and suburban mountain foothills areas