What’s the latest in Denver’s Congress Park neighborhood real estate?
27 sales took place year-to-date. To put things in perspective, I have included data from the past 12 month of real estate sales in Congress Park.
208 listings have sold in Congress Park neighborhood in the last 12 months. The busiest months were April 2013 and July 2013, with 33 and 28 sales per month, respectively. The slowest months were January 2013 and August 2013, with 9 and 12 sales. No sales have occurred yet in September (as of September 05, 2013).
Current active listings in Congress Park are at 31, which is less than a third of what we had listed this time last year. Inventory has been consistently down this year, which reflects the number of sales negatively.
Original List to Sold price comparison, original median price list price is currently at $323,700, down from last month’s level of $387,500, also down from the last month’s sold median price of $329,000.
Days to Sell remain very low at 6 days on the market for August 2013, consistent with seasonality of Congress Park sales. Current median list price is at $356,250, down from top of the market price earlier this year at $433,400 (May 2013)
Close Price to Original List Price ratio remains high – 100.3 % for the month of August 2013, the highest level we had in the past 12 months.
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