5 Denver homes that sold way under list price last week: July 25 edition

Last week, 36.3 percent of the people who bought a home paid less more than its asking price. The differences ranged from $900 to $450,000 under list price.

The exterior of 3449 North Franklin Street. (Courtesy of Redfin)
The exterior of 3449 North Franklin Street. (Courtesy of Redfin)
The exterior of 3449 North Franklin Street. (Courtesy of Redfin)

Sure, overbids may drag the average price paid for a Denver home up. And sure, overbids outranked underbids last week by about six percentage points.

But it’s still good to remind ourselves that underbids are also a part of Denver real estate and list prices aren’t written in stone. Here’s a deeper look at last week’s biggest underbids.

Last week, 36.3 percent of the people who bought a home paid less than its asking price. The differences ranged from $900 less to a full $450,000 under list price.

Here are the top five underbids of the last week.

400 Cook Street, sold for $450,000 under list price

The exterior of 400 Cook Street. (Courtesy of Redfin)
The exterior of 400 Cook Street. (Courtesy of Redfin)
  • 4 bedrooms, 5 full bathrooms, 9,561 square feet
  • Sold for $4,800,000, 8.6 percent under asking price

2244 Birch Street, sold for $115,000 under list price

  • 4 bedrooms, 1 full bathroom, 3,758 square feet
  • Sold for $780,000, 12.8 percent under asking price

3026 South Sheridan Boulevard, sold for $44,500 under list price

The exterior of 3026 South Sheridan Boulevard. (Courtesy of Redfin)
The exterior of 3026 South Sheridan Boulevard. (Courtesy of Redfin)
  • 3 bedrooms, 1 full bathroom, 2,266 square feet
  • Sold for $255,000, 14.9 percent under asking price

3449 North Franklin Street, sold for $49,950 under list price

The exterior of 3449 North Franklin Street. (Courtesy of Redfin)
The exterior of 3449 North Franklin Street. (Courtesy of Redfin)
  • 3 bedrooms, 1 full bathroom, 1,353 square feet
  • Sold for $250,000, 16.7 percent under asking price

2707 South Langley Court, sold for $100,000 under list price

The exterior of 2707 South Langley Court. (Courtesy of Redfin)
The exterior of 2707 South Langley Court. (Courtesy of Redfin)
  • 4 bedrooms, 1 full bathroom, 2,756 square feet
  • Sold for $450,000, 18.2 percent under asking price

Data courtesy of Usaj Realty