Balance has been restored to the forces of Denver real estate.
For most of last month, a smaller share of new Denver homeowners were paying under asking price. Instead of the approximately 50-50 split between overbids and underbids, overbids surged in relative popularity.
This week, more people paid less than asking price than over asking price.
Last week, 43.3 percent of the people who bought a home paid less than its asking price. The differences ranged from $900 less to a full $400,000 under list price.
Here are the top five underbids of the last week.
2152 South Zenobia Street, sold for $20,000 under list price
- 4 bedrooms, 1 full bathroom, 1,726 square feet
- Sold for $349,000, 5.4 percent under asking price
1270 Willow Street, sold for $14,900 under list price
- 3 bedrooms, 1 full bathroom, 1,062 square feet
- Sold for $260,000, 5.4 percent under asking price
800 Pearl Street, #705, sold for $24,900 under list price
- 1 bedroom, 1 full bathroom, 941 square feet
- Sold for $225,000, 10 percent under asking price
930 East 7th Avenue, sold for $400,000 under list price
- 9 bedrooms, 4 full bathrooms, 11,346 square feet
- Sold for $3,250,000, 11 percent under asking price
444 South Stuart Street, sold for $30,000 under list price
- 2 bedrooms, 1 full bathroom, 639 square feet
- Sold for $210,000, 12.5 percent under asking price
Data courtesy of Usaj Realty.
