Category Archives: How to Get a Deal in Denver

How to buy a house for less than market value in Denver

Case Study… 755 Jackson Sells In Zero Days.

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755 Jackson sold for $375,000 (out of $375,000) before ever going on the MLS. The seller got full price without having hundreds of buyers march through her home, interrupting her day-to-day life. Nor did she have to look at a For Sale sign… just a Sold sign.

755 Jackson in Congress Park sold in zero days. That's less than one day.

This success doesn’t happen every time, but it’s indicative of the number of buyers looking to live in high-demand neighborhoods in Denver. Right now, there are buyers waiting for homes to go on the market in Congress Park, Washington Park and other neighborhoods throughout metro Denver because the current inventory isn’t keeping up with demand!
If you live in a high-demand area, give Karl a call to find out how you can get top dollar for your house.
Karl Lueders is a residential Realtor with The Kentwood Company at Cherry Creek. He can be reached at 720.971.8267, email, Twitter or G+.

…Now Is It Time to Sell?

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Here’s what’s been happening in the Denver market since January 1.

  • Overall, 8,379 homes have gone under contract since January 1, 2012.
  • Of those 8,379, more than 60% of these went under contract in less than 90 days! The average days on market for the Denver market has been hovering around 120 days for several years. More than 40% had contracts on them in less than a month!
  • This is more fun: currently there are 1,046 homes in central Denver with contracts in place. More than a third of them went under contract in less than 14 days! 110 of them had offers accepted in two or less days!*

If you’ve been thinking of selling your home for a while but didn’t think you could because buyers aren’t out there looking, consider what you just read. I have been involved in several competing offer situations for my buyers in areas from Highlands Ranch, to DU to Broomfield!

There are high-profile neighborhoods in the city where there is so little inventory available that many houses will sell before they even appear on the market. Recently, I sold 755 Jackson Street in Congress Park for full price before ever putting the house on the MLS.

If you’re interested in selling your house quickly for a price that may be more attractive to you than it may have been in recent years, give me a ring and I’ll tell you what your house is worth today.

Karl Lueders is a residential Realtor with The Kentwood Company at Cherry Creek. He can be reached at 720.971.8267, email, Twitter or G+.

*All information courtesy of Metrolist, Inc.