GREATER METROPOLITAN DENVER MARKET STATISTICAL NARRATIVE

SIGNATURE PROPERTIES
HOMES SOLD IN THE $750,000 TO $999,999 PRICE RANGE
SEPTEMBER, 2012
Market Metrics:
Sixty seven homes sold/closed in September, 2012 in the $750,000 to $999,999 price range with a closed
dollar volume of $56.0 Million
Monthly Market Recap:
.

Number Sold
Average Sold Price
Median Sold Price
Closed $ Volume
Lowest Sold Price
Highest Sold Price
Average Price/Square Foot
Median Price/Square Foot
Average Days On Market

Single Family

Condo

61
$836,848
$835,000
$51.0 M
$750,000
$980,000
$263
$198
108

6
$819,908
$842,500
$4.9 M
$780,000
$865,000
$409
$389
56

Based upon the number of homes sold during the month, the top five (5) Counties are Denver, Boulder,
Arapahoe, Douglas, and Jefferson ranked highest to lowest number of signature properties sold.
Year To Date Market Recap:
.

Number Sold
Average Sold Price
Closed $ Volume

Single Family

Condo

644
$848,525
$546.4 M

53
$849,101
$45.0 M

Year To Date Year Over Year Takeaways:

The number of closed transactions is up 29% and the dollar volume of closed transactions is up 30%
compared to year to date 2011.
The average sold price is up 0.38% for Single Family and down 1.02% for Condos.

Notes:
The above representation covers an eleven (11) county area including the counties of
Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin,
Jefferson, and Park.
The above representation may or may not reflect all real estate activity in the market.
Source: Metrolist, Inc.
2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not
Guaranteed

GREATER METROPOLITAN DENVER REAL ESTATE STATISTICS

SIGNATURE PROPERTIES
SOLD SINGLE FAMILY PROPERTIES $750,000 TO $999,999
AS OF SEPTEMBER 30, 2012
Snapshot
Sep, '12

Prior
Month

Year Ago

Sold
Closed $ Volume
Average Total DOM
Median Total DOM
Average Price (Original)
Average Price (List)
Average Price (Sold)
Average Price (Net Sold)
Median Price (Original)
Median Price (List)
Median Price (Sold)
Median Price (Net Sold)

61
$ 51,047,737
108
56
$
917,519
$
869,190
$
836,848
$
835,380
$
892,500
$
850,000
$
835,000
$
835,000

88
$ 75,671,657
126
62
$
922,085
$
884,334
$
859,905
$
859,172
$
895,000
$
875,000
$
859,000
$
859,000

44
$ 37,287,056
137
107
$
974,300
$
924,664
$
848,169
$
847,433
$
899,900
$
884,500
$
838,750
$
837,970

Price Per Square Foot

Average Price/Square Foot
Average Price/Finished SqFt

$
$

$
$

$
$

Prior
Month

Year Ago

SINGLE FAMILY

263
198

281
216

239
190

-30.68%
-32.54%
-14.29%
-9.68%
-0.50%
-1.71%
-2.68%
-2.77%
-0.28%
-2.86%
-2.79%
-2.79%

38.64%
36.90%
-21.17%
-47.66%
-5.83%
-6.00%
-1.33%
-1.42%
-0.82%
-3.90%
-0.45%
-0.35%

-6.41%
-8.33%

10.04%
4.21%

Percentage Analysis
Sold
Average Price/Average List
Average Price/Average Original
Median Price/Average List
Median Price/Average Original

96.28%
91.21%
98.24%
93.56%

97.24%
93.26%
98.17%
95.98%

91.73%
87.05%
94.83%
93.20%

-0.99%
-2.20%
0.07%
-2.52%

4.96%
4.78%
3.60%
0.39%

Net Sold
Average Price/Average List
Average Price/Average Original
Median Price/Average List
Median Price/Average Original

96.11%
91.05%
98.24%
93.56%

97.15%
93.18%
98.17%
95.98%

91.65%
86.98%
94.74%
93.12%

-1.07%
-2.29%
0.07%
-2.52%

4.87%
4.68%
3.69%
0.47%

Footnotes: Sold presented as # of units.

DOM = Days on Market
The above representation may or may not reflect all real estate activity in the market
Source: Metrolist, Inc.

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

GREATER METROPOLITAN DENVER REAL ESTATE STATISTICS

SIGNATURE PROPERTIES
SOLD CONDO PROPERTIES $750,000 TO $999,999
AS OF SEPTEMBER 30, 2012
Snapshot
Aug, '12

Prior
Month

Year Ago

Sold
Closed $ Volume
Average Total DOM
Median Total DOM
Average Price (Original)
Average Price (List)
Average Price (Sold)
Average Price (Net Sold)
Median Price (Original)
Median Price (List)
Median Price (Sold)
Median Price (Net Sold)

6
$ 4,979,000
56
20
$ 792,500
$ 857,483
$ 829,833
$ 819,908
$ 861,000
$ 878,500
$ 842,500
$ 841,250

12
$ 10,487,500
110
90
$ 950,875
$ 943,875
$ 873,958
$ 872,972
$ 955,000
$ 955,000
$ 875,000
$ 875,000

3
$ 2,433,886
535
326
$ 955,815
$ 861,300
$ 811,295
$ 811,295
$ 975,000
$ 895,000
$ 815,000
$ 815,000

Price Per Square Foot

Average Price/Square Foot
Average Price/Finished SqFt

$
$

$
$

$
$

Prior
Month

Year Ago

CONDO

409
389

371
333

388
378

-50.00%
-52.52%
-49.09%
-77.78%
-16.66%
-9.15%
-5.05%
-6.08%
-9.84%
-8.01%
-3.71%
-3.86%

100.00%
104.57%
-89.53%
-93.87%
-17.09%
-0.44%
2.28%
1.06%
-11.69%
-1.84%
3.37%
3.22%

10.24%
16.82%

5.41%
2.91%

Percentage Analysis
Sold
Average Price/Average List
Average Price/Average Original
Median Price/Average List
Median Price/Average Original

96.78%
104.71%
95.90%
97.85%

92.59%
91.91%
91.62%
91.62%

94.19%
84.88%
91.06%
83.59%

4.53%
13.93%
4.67%
6.80%

2.75%
23.36%
5.32%
17.06%

Net Sold
Average Price/Average List
Average Price/Average Original
Median Price/Average List
Median Price/Average Original

95.62%
103.46%
95.76%
97.71%

92.49%
91.81%
91.62%
91.62%

94.19%
84.88%
91.06%
83.59%

3.38%
12.69%
4.52%
6.65%

1.52%
21.89%
5.16%
16.89%

Footnotes: Sold presented as # of units.

DOM = Days on Market
The above representation may or may not reflect all real estate activity in the market.
Source: Metrolist, Inc.

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

Greater Metropolitan Denver Real Estate Statistics

Signature Properties
$750,000 to $999,999 Closed Transactions and Volume
# Closed
2012
Single Family Condo
Residential
Jan
25
1
26
Feb
49
6
55
Mar
61
5
66
Apr
71
3
74
May
92
7
99
Jun
112
6
118
Jul
85
7
92
Aug
88
12
100
Sep
61
6
67
Oct
0
Nov
0
Dec
0
YTD
644
53
697

2011
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD

% Change

Single Family
35
29
51
50
66
82
71
80
44

# Closed
Condo
1
2
3
3
8
7
1
3
3

508

31

26.77%

70.97%

Residential
36
31
54
53
74
89
72
83
47
0
0
0
539

29.31%

2012
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD

2011
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
YTD

Closed
$
Volume
Single Family
Condo
$ 20,859,323 $
940,000
$ 41,981,806 $ 4,914,728
$ 51,833,063 $ 4,340,824
$ 60,102,690 $ 2,492,000
$ 78,796,429 $ 5,931,400
$ 94,770,676 $ 5,061,918
$ 71,386,552 $ 5,855,000
$ 75,671,657 $ 10,487,500
$ 51,047,737 $ 4,979,000

AVERAGE
PRICE

$ 546,449,933

$ 45,002,370

Residential
$ 21,799,323
$ 46,896,534
$ 56,173,887
$ 62,594,690
$ 84,727,829
$ 99,832,594
$ 77,241,552
$ 86,159,157
$ 56,026,737
$
$
$
$ 591,452,303

849,101

Single Family
$ 29,503,969
$ 24,303,011
$ 42,829,369
$ 42,199,488
$ 56,253,328
$ 69,271,131
$ 60,184,714
$ 67,568,775
$ 37,287,056

$
$
$
$
$
$
$
$
$

Closed
$
Volume
Condo
850,000
1,765,000
2,565,000
2,585,000
6,964,000
5,865,500
785,000
2,779,000
2,433,886

$ 429,400,841

$ 26,592,386

Residential
$ 30,353,969
$ 26,068,011
$ 45,394,369
$ 44,784,488
$ 63,217,328
$ 75,136,631
$ 60,969,714
$ 70,347,775
$ 39,720,942
$
$
$
$ 455,993,227

848,525

845,277
27.26%
0.38%

857,819
69.23%
-1.02%

The above representation may or may not reflect all real estate activity in the market.
Source: Metrolist, Inc.

2012 Garold D Bauer, All Rights Reserved, Information Deemed Reliable But Not Guaranteed

$
$
$
$
$
$
$
$
$

838,436
852,664
851,120
845,874
855,837
846,039
839,582
861,592
836,220
#DIV/0!
#DIV/0!
#DIV/0!
$
848,569

848,569

845,999
29.71%
0.30%

$
$
$
$
$
$
$
$
$

843,166
840,904
840,636
844,990
854,288
844,232
846,802
847,564
845,126
#DIV/0!
#DIV/0!
#DIV/0!
$
845,999