Cherry Creek Real Estate Market saw 17 sales in September 2012 – slightly up from last year in the number of sales. However, there were some significant changes in the number of other factors:
Volume has increased significantly – over $12,000,000 was sold last months vs. just under $7,000,000 a year ago
Average price sold of a residence in our area was up 53% – $756,743 vs. $491,766 a year ago.
Another notable fact was significant decrease in the days on the market – 109 last month vs. 225 a year ago (half of what it was!)
This year Sellers are able to get almost 96% of their asking price – compare that to last year’s 94% (88% of the original list price).
Here are the properties that sold in September 2012 in Cherry Creek area:
Currently 108 properties are offered for sale in Cherry Creek – stay tuned for the next update!