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Top Ten Residential Sales in Denver County for Week Ending May 30, 2009

With 30-year fixed rates unchanged from a week ago, the real estate market is showing signs of strength and resiliency. Interest rates are at historic lows. Strong closing activity is reflected this past week.

Address                                          List Price                   Sold Price                 Days on Market

2749 South Cook                          $850,000                   $775,000                        68

1156 Humboldt                             $875,000                    $840,000                        47

1207 South High                           $899,000                    $890,000                       30

865 South Adams                         $1,250,000                 $962,500                      331

1590 Little Raven
Unit 307                                           $1,150,000                 $970,000                     195

160 South Ivy                                  $1,795,000                  $1,050,000                 582

435 Detroit                                      $1,670,000                  $1,069,200                  230

831 South Milwaukee                   $1,175,000                  $1,080,000                  361

9009 East Harvard                         $1,050,000                 $1,110,000                   113

210 South Franklin                         $1,875,000                  $1,442,000                  399

The surge in existing home sales continues and June promises to be a busy month for real estate professionals---especially those in the mortgage business as they race to get all those loans closed by the June 30, 2010 deadline for tax credit-homebuyers.
 

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