Sales of Denver-area homes priced at $1 million and more dipped in January from December and from a year ago, although the median sale price rose year over year, according to an analysis of Metrolist data by Coldwell Banker Residential Brokerage.
A total of 27 homes in the metro area sold for more than $1 million last month, down from 33 the previous month and 38 a year ago.
This marked the seventh consecutive monthly drop in million-dollar property sales. However, the median sale price was $1.33 million, up 11.5 percent from the same period in 2009 but down 1.5 percent from December.
Other findings from the Coldwell Banker Residential Brokerage luxury report:
• The most expensive sale last month was a four-bedroom, five-bath home in Boulder that sold for $4.2 million.
• Denver boasted the most million-dollar sales with eight, followed by Boulder with five.
• It took an average of 169 days to sell a million-dollar home in the region, up from 145 the previous month and 150 days a year ago.
Margaret Jackson, The Denver Post
