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Another area in the luxury home market is Greenwood Village, specifically, the Preserve of Greenwood Village. This is a very prestigious high-end home, luxury home market. It boasts an average sales price over the past 15 months of about $1.5 million. It’s just slightly under that.

The good news is this area has not been affected by a lot of foreclosures. Only 5% of the sales over this time period have been foreclosure sales. The good news for buyers is that this area is down about 20% in the past year. So prices have adjusted accordingly to the market, however, there are still wonderful homes in great condition with very little foreclosure for the high-end luxury home buyer to walk into in this market and get a great deal, relatively speaking.

If you’re in the market for a high-end luxury home in one of the best locations in the Denver Metro area you can search for homes here by using www.EasyDenverHomeSearch.com.  The search tool affords you a map search feature or a city feature. If you’re using the map search feature, this area is bordered by University on the west side over to Holly on the east side. From the south it starts at Orchard and goes to the north and ends at Belleview. It’s a very specific area or you can just put in the city of ‘Greenwood Village.’  Either way, you’ll find the home that you’re looking for and I’d be happy to assist you with more detailed information about:

• the neighborhoods
• the demographics
• the market facts
• current trends
• opportunities in this area

If you’re interested in that you can always call me at 303-526-2606 or you can drop me an email Sam [at] SamWilsonGroup.com

Until Next time