Monday, September 19, 2011

Stapleton Home Sales Through Mid-September

Old Stapleton Air Traffic Control Tower
The Stapleton Denver real estate market continued a positive trend with 10 homes sales through September 19, 2011.  There was one short sale at 3156 Dayton Street, two new builds sold, and one $1million plus home sold so far in September.  According to MLS, the average days on the market was 55 and the average sale price was $581,602.  There were only 6 sales in September 2010 versus the 10 transactions in September 2011.  The average days on market was 135 compared to 55 days in September 2010.

The Stapleton real estate market continues to strengthen.  The asking price and the sale price continues to narrow, as sellers are getting closer to what they want for their home.  Homes priced above $400,000 were a majority of the sales.  This is good news for the Stapleton real estate market, as the fundamentals continue to improve.

Below is a list of the mid-September home sales statistics from MLS.


Count10
Avg Total DOM55
Median Total DOM49
YOCOldest2002
Median2007
Newest2011
OriginalListSoldNet Sold
Average Price$564,689$589,479$581,602$580,552
Median Price$575,000$575,000$558,000$558,000
Avg Price/SqFt$215$223$220$219
Avg Price/Fin SqFt$195$202$200$200
Avg Price/Acre$868,302$868,302$822,857$811,667
Avg Price/Avg List98.66 %98.49 %
Avg Price/Avg Orig103.00 %102.81 %
Median Price/Avg List97.04 %97.04 %
Median Price/Avg Orig97.04 %97.04 %
Lowest Price$319,900$319,900$297,000$294,000
Highest Price$1,100,000$1,127,803$1,127,803$1,127,803
High/Low Range$780,100$807,903$830,803$833,803
Mode Price
Volume Price$5,646,890$5,894,793$5,816,028$5,805,528

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