The latest data from Metrolist Multiple Listing Service (MLS) single-family homes in Park Hill’s zip code 80220 for September 2012 compared to last year is below. The data does not include all of the new construction sales. According to MellisaData.com, which does include new construction sales, there were 52 homes sold in September of 2012 for an average price of $388,000. MelissaData.com noted that 37 homes sold in September 2011 for an average sales price of $329,000.
The data reveals the Park Hill real estate market is strong with activity and home prices are climbing back. The increase in the number of home sales from MelissaData.com showed a substantial jump in sales with 52 in September 2012 compared to last year’s home sales at 37. The increase in the price per square foot was a positive indicator for home values. The Park Hill real estate market is facing some headwinds with the lack of inventory. Buyers are struggling to find the right home and properties are selling fast. In September, there were 15 homes that sold in Park Hill in less than 10 days.
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September
2011-12 Home & Condo Sales
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2011
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2012
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# of Home & Condo Sales
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37
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36
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Avg. Days On Market
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105
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63
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Avg. Price Per Sq. Ft.
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$208
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$253
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Lowest Sale Price
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$59,500
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$84,900
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Highest Sale Price
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$1,950,000
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$2,300,000
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Avg. Price/Avg. List
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95.38%
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94.69%
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*Data gathered from Metrolist MLS.
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