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Greenwood Village, CO Real Estate News

By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Home Sales Market Report Dec. 2009 ~ Residential Detached Homes 13 homes sold in Greenwood Village CO in December 2009. Sold prices ranged from $349,900 to $959,112. Price per square foot ranged from $125 to $324 per square foot. Only one of the homes sold was a bank owned property. Home Sales Greenwood Village Dec 09 Closed Sales 13 Average Sales Price $639,405 Average Price per Square Foot $218 Average Days on Market 193 Percent of Original List Price 86.6% Greenwood Village Real Estate Market Sold  Dec. 2009 ~ 183Active Listings Jan 10, 2010 ~ 100Pending Jan 10, 2010 ~ 9 Homes for sale in Greenwood Village If you have any questions or would like a custom Market Report for a specific area feel free to contact us at Kenna Real Estate This Market Report is brought to y...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
Healthier Living Colorado is a program through the South Suburban Parks and Recreation District, for people with chronic disease & those who care and support them. Learn how to help control pain, manage stress, supervise medications, solve problems, create healthy eating habits and establish a physical activity plan. To participate go to the Buck Recreation Center, 2004 W. Powers Avenue, Littleton, on Tuesdays from 1/12-2/16 from 1-3:30 pm. Click here to register. $20 non-resident/$10 residents Call 303-730-4610 for more information.Click here for driving directions
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Homes for sale in Greenwood Village117 Residential detached Homes are for sale in Greenwood Village, as of Dec 1st, 2009. Two of thes homes listed for over $1,000,000 are bank owned properties. Six new listings came on the market in November in Greenwood Village. 12 houses are for sale for under $200 per square foot and 15 for over $500 per square foot. Two of the 16 homes pending sale are priced above $1,000,000.Homes for sale in Greenwood Village.   NOV 09 Active Listings 117 New Listings 6 All Pending sales 16 Lowest List Price $319,000 Highest List Price $8,900,000 Lowest Price/sq ft $107 Highest Price/sq ft $979 View homes for sale or read more about Greenwood Village. If you have any questions feel free to contact us via e-mail or call 303.710.2609 (Brian Direct) at any time.*Disc...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood Village Home Sales The Preserve Greenwood Village Homes have been selling at the rate of 1-2 per month this year. So far 18 houses have sold in The Preserve in 2009. A few more houses sold in 2008. The inventory remains at even 30 houses on the market at the end of October.  One of the bigger statistical differences this year compared to 2008 is that homes are selling on average for less per square foot. The average in 2008 was near $400 per square foot. This year depending on the month the price per square foot has dipped to low 200s and averages around $340 per square foot.  2009 Aug Sep Oct Closed Sales 1 2 1 Average Sales Price $1,206,000 $1,971,250 $1,125,000 Median Sales Price $1,206,000 $1,971,250 $1,125,000 % of Original List Price 89% 76.1% 87.2% Average ...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
October Home Sales Greenwood Village Real Estate Greenwood Village Real Estate has recorded more home sales this year (103) than in 2008 (93), one of the few areas around Denver to do so.  Average Sold price is down approximately $300,000. More homes have sold this year in the lower price ranges. E.g. This year 24 houses sold for one million dollars or more. In 2008 that number was 35.  The number of new listings in Greenwood Village didn't decline in October. It is typical to see less homes come on the market during the winter months. We'll wait to see if there is less inventory on the market in the next month or two. Read Full Greenwood Village Home Sales Report. Greenwood Village Home Sales 2009 Aug Sept Oct Closed Sales 9 13 10 Average Sales Price $896,333 $965,556 $724,355 Median S...
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By Mike Henderson, HUD Home Hub - 303-949-5848
(Your complete source for buying HUD homes)
These are my first attempts at posting neighborhood market reports in the Denver, CO market.  I want to penetrate my the luxury home marketplace.  This is certainly a challenging market in normal times, and in this times its like I'm the Don Quixote of agents. A seperate blog is in order to determine my plan to crack this market segment.  One important disclosure point is I'm really only interested in being a buyers agent in this marketplace.  You might actually be better served by another agent for listing your home for sale. What is important to focus on is Count = Number of homes for sale Avg Total DOM =  180 or less indicates sellers market.  Higher favors the buyers Avg list price = what the average list price is Median = Where half the homes are more expensive and half the homes a...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
With the addition of Joe Koslosky, the Get Home Denver Team continues to expand and increase the services offered to our clients.  Joe brings over 15 years of experience in residential sales, land acquisition, and commercial development and leasing. In addition to increasing our ability to service the residential real estate needs of our clientele, we now are pleased to be able to handle any commercial real estate needs as well! If you, or anyone you know is looking to buy, sell or lease a commercial property, please allow us to be of service! And, as it’s been for the last 18 years, we are NEVER TOO BUSY FOR YOUR RESIDENTIAL REAL ESTATE REFERRALS! To keep in the loop about Denver Real Estate Market Information, make sure and sign up for our feed.  
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village CO Luxury Homes for saleResidential Luxury Homes for Sale in Greenwood Village Colorado ~ Nov 1st, 2009 There are 79 luxury homes for sale in Greenwood Village (as of Nov 1st) The highest listing price is $8,900,000 The lowest price per square foot $130 (land only, plans available) The highest price per square foot $979 The longest a house as been listed (days on market) 1546 days There are two bank owned properties 25 of these luxury homes are for sale in The Preserve of Greenwood Village There are some great deals e.g. one New construction has been reduced from 3,600,000 to 1,600,000! Search Greenwood Village Luxury Homes for sale*Disclaimer: Data based on information from Metrolist, Inc.  Metrolist Inc. does not guarantee nor is any way responsible for its accuracy....
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve in Greenwood Village Luxury Homes for SaleAs of Oct 25th, 2009 there are 29 homes for sale in The Preserve in Greenwood Village Luxury Homes community. The Preserve Luxury Homes for Sale The highest listing price | $8,900,000 The Lowest listing price | $699,000 Three homes are listed for sale for under $1,000,000 The lowest price per square foot |$271 The highest price per square foot | $871 The longest days on market 1332 (bank owned property)  No new listings on the market in the last 37 days. Search Homes for sale in the Preserve*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is...
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Hi All, today's blog is directed toward all the agents who are out there rethinking their business.  If you are like me, everything we do is getting a second look.  We are evaluating our marketing expenditures, the composition of our office and way all out time is spent with other realtors and our clients.  We want to be set up to be efficient and capable of selling in the good times and bad. I think our office at Metro Brokers SE Suburban on Quebec Street and Orchard in Greenwood Village is a great office for those in real estate for the long term.  We have at least 5 past SMDRA Board Presidents in our office and a number of other Boad members.  The weekly meetings combined with an office tour of new listings enables me to learn a lot about things I didn't know.  The dest fees are reas...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Homes For Rent Greenwood Village CO Beautifully remodeled 4 bedroom, 3 bath home for rent in Greenwood Village. Available Oct 15th! Wonderful Ranch style home with 2550 finished sq feet. 2 car attached garage. Large 1/3 acre lot and a huge back yard with a covered patio. Gourmet kitchen w/ new stainless steel appliances, granite counter tops and light cabinets.Beautiful tile floor in kitchen and completely updated baths. Wood Floors on main floor and a Study with French doors and a fireplace.Finished Basement.New windows. Updated Electricals. Rent amount: $2100/month. Pets: Small Dog. Deposit equal to one month's rent. 12-24 month lease $30 application fee per adult applicant. Pets: Call for details 5900 S Race St, Greenwood Village, CO 80121Call to set up a time to view this home!   Fo...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village CO Real Estate Update Greenwood Village CO Real Estate is recording higher closed sales than in 2008. One of the few areas around Denver to do so. Most home buyers in Greenwood Village have been using conventional loans - 80% (2009) in purchasing their homes, 16 % of buyers have been buying with cash and 4% used an FHA loan so far this year.  July Aug Sept Closed Sales 17 10 13 Average Sales Price $815,929 $896,333 $965,556 % of Original List Price 86.2% 83.1% 89.1% Average Days on Market 253 115 119 Average Price/square foot $258 $260 $286 New Listings 18 21 17 # of homes for sale 135 134 137 Days on Market = total days on market. Greenwood Village CO Real Estate 2009 vs.2008 From Jan 1st to Sept 30th 2009 2008 Closed Sales 94 82 Average Sold Price $829,671 $1,129,448...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Sundance Hills Greenwood Village CO Market Report 2009Sundance Hills in Greenwood Village CO, has seen increased sales activity this year. Ten homes have sold in 2009 in Sundance Hills. In 2008 a total of three homes sold in the community. The average sold price in 2009 is $602,547. Almost all of the Sundance Hills neighborhood homes have been built in the 1970's. Many of the homes are completely remodeled with hardwood floors, granite counter and stainless steel appliances. Most homes are nestled amongst mature trees and lush landscaping. The community is a well known pool and tennis community. The Sundance Hills Pool and Tennis Club offers competitive swimming and variety of other programs for its members. From Jan 1st to Sept 27th (year-to-date) 2009 Closed Sales 10 Average Sold Pric...
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By Bob Schenkenberger, Denver Real Estate
(Colorado Realty Professionals)
I recently wrote about the upcoming licensing problems many Colorado Mortgage Brokers would face.  This article brought about a lively discussion about whether this was positive or not.  I stand by my opinion this is a good thing, despite many great counter points brought up (You can read the story and comments here.) It’s a moot point now.  It’s done, and there will be significantly less competition for competent (and rules following) mortgage brokers in Colorado.  If you are a consumer either looking to start the process, or currently waist deep in it, I would suggest you check and see if your mortgage broker is still licensed! The following is from the Colorado’s Division of Real Estate. ****NEWS ALERT**** The Colorado General Assembly passed House Bill 1085 in 2009. This bill became...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
The Preserve Greenwood Village Home Sales Aug 09 The Preserve Greenwood Village Home Sales were moving along in Aug 09. Two homes sold in August, both for just over one million dollars. The slower winter months are almost here - well typically they are slower and no drastic changes are expected for this winter season. Only one house is currently pending sale in The Preserve.  2009 Jun Jul Aug Closed Sales 1 2 2 Average Sales Price $1,675,000 $1,097,500 $1,206,000 Median Sales Price $1,675,000 $1,097,500 $1,206,000 % of Original List Price 63.2% 89.4% 89% Average Days on Market 640 90 147 Average Price /sq ft $377/sf $279/sf $297/sf Pending 4 3 1 Number of Active Listings 28 29 31 New Listings 2 3 4 Days on Market = total days on market.The Preserve Home Sales comparison 2008 vs. 2009Fro...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village CO Home Sales in Aug 09 dropped significantly -  almost 50% from July and about 35% from Aug 2008. The percent of original list price received at sale has been slowly declining and averaging in Aug. at 83.1%.  More homes under one million dollars are selling compared to last year when average sold price was over one million. Only six homes sold this year have been bank owned homes (foreclosures). Greenwood Village homes sales are currently at the same level there were in 2008 (number of homes sold). 2009 May Jun Aug Closed Sales 17 17 9 Average Sales Price $693,499 $815,929 $896,333 Median Sales Price $700,000 $875,000 $750,000 % of Original List Price 88.5% 86.2% 83.1% Average Days on Market 205 253 115 Average Price /sq ft $223/sf $258/sf $260/sf Pending 22 18 17 Num...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Real Estate TriviaReal Estate Trivia for Residential Homes in Greenwood Village CO Jan 1st to Aug 31st 2009.Greenwood Village Real Estate and Home sales are actually doing well compared to many other areas around Denver. Here are some stats for 2009 so far. Did you know ~ 71 homes have sold in Greenwood Village in 2009 (Jan 1st to Jul 31st) The highest sold price was $3,900,000 5 of the 71 houses were sold by a bank (foreclosed property) The lowest price per square foot was $112/sf(bank owned property) The highest price per square foot was $604/sf The longest days on market was 1094 days! That's since May 2003. The lowest percent received of original listing price was 46.2% and highest 105.1% 153 Homes are currently on the market in Greenwood Village Search Homes for s...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Greenwood Village Homes for SaleAs of Sept. 1st, 2009 there are 134 Residential Detached Homes for sale in Greenwood Village, Colorado. The prices range is from $295,000 to $8,900,000. 18 houses are under contract pending sale. 29 houses have been on the market for more than 360 days. 52 houses have been on the market for more than 200 days. 58% of the homes for sale are listed for one million dollars or above. May June July Active Listings 141 147 134 New Listings (in Aug) 20 30 21 All Pending sales 25 21 18 New Pending (in Aug) 4 11 12 Lowest Listed Price $339,000 $379,900 $295,000 Highest Listed Price $8,900,000 $8,900,000 $8,900,000 Lowest Price/square foot $157/sf $140/sf $146/sf Highest Price/square foot $1184/sf $1184/sf $979/sf Homes for sale in Greenwood Village (includes detac...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - WOOHOO You are under contract! - Part 7You are buying a home in Greenwood Village CO and have just heard from the sellers that they have accepted your offer. This is exciting! Thousand and one thoughts fly through your head. When are we moving? How will I set up the furniture inside the house? (even better) I need to buy furniture! What happens now?This is part 7 of 7 part series about Buying a home in Greenwood Village ColoradoNote! In some other parts of the country the Under Contract period is referred to as "under agreement" or "in escrow".We have Lift OffYou are under contract! Your offer was accepted by the seller. The seller via the listing agent send over signed copy of the contract - at this point we have a fully executed contract (in a n...
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By Brian Lee Burke, Broker & Advising Expert-Kenna Luxury Real Estate
(Kenna Real Estate)
Buying a home in Greenwood Village CO - the counter proposalYou are buying a home in Greenwood Village CO and you have found the house you want to call home. Your real estate agent -hopefully us :) - has submitted an offer on your behalf. On the Contract to buy and sell Real Estate dates and deadlines section you specified when you want a response from the seller. It's called Acceptance Deadline. This is the date and time by which the seller needs to inform you whether they decided to accept, reject or counter your offer. Now the sellers are on the clock. What happens when the seller sends back a counter offer?This is part 6 of 7 part series about Buying a home in Greenwood Village ColoradoThe CounterWhat can the seller counter?The seller can counter practically anything they want. Here...
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