Denver residential property has gotten almost 26 percent more valuable since 2015, according to the latest numbers from the Denver Department of Finance.
Even the Bible says you should ask for what you want, so why wouldn’t that be true of real estate? Here’s a look at the new Denver homeowners who asked to pay less for their house and got their way.
The share of people buying their Denver home for more than its list price just keeps getting higher. Plus, for the third week in a row, more people have paid over list price than under.
“We appreciate that the existing performance measures are ‘output’ oriented, tracking the number of permits issued and the hours that the various sites are used,“ said Auditor Timothy O’Brien. “However, we’d like to see Parks also track whether permits were issued efficiently and whether permit applicants were satisfied with the process.”
Last week, about 40 percent of homes that sold in Denver went for less than $350,000.
It’s a price point that covetable here since at least one report says Denver metro single-family homes now have a $400,000 median sale price. Is the grass actually greener on the other side? Here’s a look at real estate in Denver and three other cities.