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Denver Real Estate News

Your Denver Area Real Estate Specialists - The Brian Petrelli Team

By Brian Petrelli | Broker in 80129

University Hills Denver Homes: Latest Market Stats

Our team is preparing to list a home in the University Hills Denver Homes neighborhood in the coming weeks. As we prepare our marketing, we ran a recent report detailing the sold homes in the area for the past 6 months. As we have been helping many clients looking in this area, we wanted to make that report available to you here.

While this is a helpful chart, to accurately value a home, you need to look at each homes condition, level of upgrades, etc. This is especially true in a neighborhood such as University Hills. The age of the homes, combined with the vast differences in upgrades and remodels can make valuing a home difficult. If you are considering buying or selling in the area, contact our team at 303-726-1874 so we can run a detailed analysis of the home

University Hills Homes:

Sold

Count44
Avg Total DOM53
Median Total DOM36
YOCOldest1949
Median1952
Newest2013
OriginalListSoldNet Sold
Average Price$273,768$270,424$263,537$262,131
Median Price$225,000$222,500$220,002$218,500
Avg Price/SqFt$202$200$195$194
Avg Price/Fin SqFt$186$184$179$178
Avg Price/Acre$732,461$726,195$710,112$707,202
Avg Price/Avg List 97.45 %96.93 %
Avg Price/Avg Orig 96.26 %95.75 %
Median Price/Avg List 98.88 %98.20 %
Median Price/Avg Orig 97.78 %97.11 %
Lowest Price$118,000$118,000$117,000$117,000
Highest Price$855,000$799,900$782,000$782,000
High/Low Range$737,000$681,900$665,000$665,000
Mode Price$215,000$215,000$166,000$205,000
Volume Price$12,045,797$11,898,693$11,595,653$11,533,785
 Based on information from Metrolist®, Inc. for the period September 2012 through March 2013 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

Please remember that these statistics account for all home sales - including short sales and Denver foreclosures in the neighborhood. When valuing a home, appraisers prefer to use an apples-to-apples comparison, so grouping all sales together is not an ideal measurement for value. Contact us today for a detailed report on your home.

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