[picappgallerysingle id=”5067241″]Sub-$300,000 sweet spot for home sales
The “sweet spot” for Denver-area home sales continues to be for houses priced below $300,000. Independent broker Gary Bauer an analysis of home sales data found that more than 70 percent of the home sales were priced at $300,000 or below in the first nine months of the year.
Still, home sales in the price range account for a slightly smaller percentage of the total sales than they did during the first nine months of 2009, as more expensive home sales have picked up this year. Total closings, meanwhile, are down from last year.