While a lot of attention has been paid to increasing sales prices along the Front Range, it is also interesting to look at the average price of properties currently listed for sale.
Did you know, for instance, that the average list price of all the properties currently for sale in Metro Denver is $887,000. Meanwhile, the average closed sales price is $613,000.
In Larimer County it is $793,000 versus an average closed sales price of $601,000.
In Weld County it is $669,000 versus $488,000.
What is causing this? The high number of high-end properties currently for sale pulling up the average.
You might be surprised to hear the number of $1,000,000-plus listings active listings in our market looks like this:
Metro Denver = 527
Larimer County = 75
Weld County = 44