Wednesday, May 11, 2011

Denver-area million-dollar home sales soar in April

Denver-area million-dollar home sales soar in April

Date: Tuesday, May 10, 2011, 12:57pm MDT


The market for million-dollar homes in the metro Denver area continues to improve, judging by April sales figures from Metrolist Inc. released Tuesday.

Fifty-five percent more million-dollar-plus homes — and 100 percent more condominiums in that price category — sold in April than in March, according to Gary Bauer, an independent Littleton-based real estate broker and Metrolist analyst.

There were 57 homes, six of which were condominiums, sold or closed on in April, which was down seven percent from the same month in 2010. The lowest-priced home in that category was $1 million and the highest was $3.2 million. The total sales volume for those 57 properties was $84.2 million.

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