Research from both Zillow and Estately suggests that Denver is more likely to see bidding wars than other major metro areas.
In fact, Estately researchers found that Denver was among the 15 major cities with the most home sales over listing price in January.
Last week, almost a third of the people who bought a home paid more than its asking price. The differences ranged from $100 extra to a full $31,000 more.
Here are the top five overbids of the last week.
2881 West 65th Avenue, sold for $14,000 above list price
- 3 bedrooms, 2 bathrooms, 2,520 square feet
- Sold for $261,000, 5.67 percent above asking price
2305 South Knox Court, sold for $16,100 above list price
- 3 bedrooms, 1 bathroom, 920 square feet
- Sold for $296,000, 5.75 percent above asking price
2495 South High Street, sold for $26,000 above list price
- 4 bedrooms, 1 bathroom, 1,549 square feet
- Sold for $451,000, 6.12 percent above asking price
1510 South Xavier Street, sold for $22,500 above list price
- 2 bedroom, 1 bathroom, 824 square feet
- Sold for $252,500, 9.78 percent above asking price
4537 Lincoln Street, sold for $31,000 above list price
- 2 bedrooms, 2 bathrooms, 1,429 square feet
- Sold 10.37 percent above asking price
Data courtesy of Usaj Realty.