5 Denver homes that sold way under list price last week: July 25 edition

Last week, 36.3 percent of the people who bought a home paid less more than its asking price. The differences ranged from $900 to $450,000 under list price.

Megan Arellano

Jul. 25, 2017, 12:35 p.m.

The exterior of 3449 North Franklin Street. (Courtesy of Redfin)

Sure, overbids may drag the average price paid for a Denver home up. And sure, overbids outranked underbids last week by about six percentage points.

But it’s still good to remind ourselves that underbids are also a part of Denver real estate and list prices aren’t written in stone. Here’s a deeper look at last week’s biggest underbids.

Last week, 36.3 percent of the people who bought a home paid less than its asking price. The differences ranged from $900 less to a full $450,000 under list price.

Here are the top five underbids of the last week.

400 Cook Street, sold for $450,000 under list price

The exterior of 400 Cook Street. (Courtesy of Redfin)

4 bedrooms, 5 full bathrooms, 9,561 square feet
Sold for $4,800,000, 8.6 percent under asking price

2244 Birch Street, sold for $115,000 under list price

4 bedrooms, 1 full bathroom, 3,758 square feet
Sold for $780,000, 12.8 percent under asking price

3026 South Sheridan Boulevard, sold for $44,500 under list price

The exterior of 3026 South Sheridan Boulevard. (Courtesy of Redfin)

3 bedrooms, 1 full bathroom, 2,266 square feet
Sold for $255,000, 14.9 percent under asking price

3449 North Franklin Street, sold for $49,950 under list price

3 bedrooms, 1 full bathroom, 1,353 square feet
Sold for $250,000, 16.7 percent under asking price

2707 South Langley Court, sold for $100,000 under list price

The exterior of 2707 South Langley Court. (Courtesy of Redfin)

4 bedrooms, 1 full bathroom, 2,756 square feet
Sold for $450,000, 18.2 percent under asking price

Data courtesy of Usaj Realty.

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