Denver may be a hot real estate market, but that doesn't mean any old price will result in a sale.
Actually, a little more than half of the homes that sold last week ended up selling for less than their asking price. The saving from the listing price ranged from $2,000 all the way to over $93,000.
Here are the top five underbids of the last week.
2791 W Ellsworth Avenue, sold for $9,900 below list price
- 2 bedrooms, 1 bathrooms, 1,398 square feet
- On the market for three months, 16 days
- Sold for $160,000, 5.83 percent below asking price
2100 16th Street, Unit 205, sold for $22,400 below list price
- 1 bedrooms, 1 bathrooms, 891 square feet
- On the market for one month and two days
- Sold for $401,000, 6.93 percent under asking price
1000 E 1st Avenue, Unit 203, sold for $37,000 below list price
- 2 bedrooms, 1 bathrooms, 848 square feet
- On the market for one month, 13 days
- Sold for $291,000, 6.12 percent under asking price
4588 Yates Street, sold for $93,860 below list price
- 3 bedroom, 1 bathroom, 5,216 square feet
- On the market for five months, 22 days
- Sold for $1,356,140, 6.47 percent under asking price
1712 Hooker Street, sold for $60,000 below list price
- 4 bedrooms, 2 bathroom, 1,292 square feet
- On the market for one month, five days
- Sold for $525,000, 10.26 percent under asking price
Data courtesy of Usaj Realty.