In the shadow of a possible Amazon campus, it's good to remind ourselves that Denver real estate market is currently in something of a plateau for now.
One further salve could be all the people who paid less than asking price for their new Denver home last week. See, it is possible to not buy a home in a bidding war, and all these underbids are a small indication of just that.
Last week, 40.3 percent of the people who bought a home paid less than its asking price. The differences ranged from $625 less to a full $85,000 under list price.
Here are the top five underbids of the last week.
1090 S. Fillmore Way, sold for $65,000 under list price
- 5 bedrooms, 4 bathrooms, 3,911 square feet
- Sold for $985,000, 6.2 percent under asking price
714 Mariposa St., sold for $18,000 under list price
- 2 bedrooms, 1 full bathroom, 798 square feet
- Sold for $257,000, 6.5 percent under asking price
105 S. Grove St., sold for $19,900 under list price
- 2 bedrooms, 1 bathroom, 1,056 square feet
- Sold for $235,000, 7.8 percent under asking price
6325 West Mansfield Ave., #231, sold for $35,000 under list price
- 4 bedrooms, 2 full bathrooms, 798 square feet
- Sold for $390,000, 8.2 percent under asking price
620 Leyden St., sold for $65,000 under list price
- 3 bedrooms, 2 full bathrooms, 3,911 square feet
- Sold for $505,000, 11.4 percent under asking price
Data courtesy of Usaj Realty.
