Denver home prices: Five times people paid way less than asking price last week, May 7 to 14

staff photo
The exterior of 4475 Yates Street. (Courtesy of Redfin)

The exterior of 4475 Yates Street. (Courtesy of Redfin)

Like yin and yang, the forces of the Denver real estate market can sometimes be distilled into either too much or too little.

In further Taoist meditation, let us remember that new homeowners don’t always pay over list price, sometimes they pay under. This yin and yang may not balance perfectly — lately more people have been overpaying –but it’s there.

Last week, about a third of the people who bought a home in Denver paid less than its asking price. The differences ranged from $900 less to a full $65,000 under list price.

These are the top five by percentage.

3735 North Saint Paul Street, sold for $30,000 below list price

  • 3 bedrooms, 1 full bathroom, 982 square feet
  • Sold for $310,000, 8.82 percent below asking price

1901 South Olive Street, sold for $50,000 below list price

The exterior of 1901 South Olive Street. (Courtesy of Redfin)

The exterior of 1901 South Olive Street. (Courtesy of Redfin)

  • 4 bedrooms, 2 full bathrooms, 3,309 square feet
  • Sold for $500,000, 9.09 percent under asking price

4475 Yates Street, sold for $32,000 below list price

The exterior of 4475 Yates Street. (Courtesy of Redfin)

The exterior of 4475 Yates Street. (Courtesy of Redfin)

  • 2 bedrooms, 1 bathroom, 815 square feet
  • Sold for $303,000, 9.55 percent under asking price

4425 Perry Street, sold for $38,000 below list price

The exterior of 4425 Perry Street. (Courtesy of Redfin)

The exterior of 4425 Perry Street. (Courtesy of Redfin)

  • 1 bedroom, 1 bathroom, 1,055 square feet
  • Sold for $321,000, 10.58 percent under asking price

3175 North Speer Boulevard, sold for $65,000 below list price

  • 4 bedrooms, 1 full bathroom, 2,941 square feet
  • Sold for $410,000, 13.68 percent under asking price

Data courtesy of Usaj Realty.

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