Fuller Sotheby’s International Realty outpaced the market during a strong showing for luxury real estate sales in Denver during the month of March. Overall, the entire Denver market achieved $84.4 million in sales of homes priced over $1 million, and homes listed by FSIR were on the market for an average of only 21 days (well ahead of the market average of 33 days, as reported by Metrolist). FSIR also had the most expensive listing in March at $4.5 million and highest average sales price at $2.283 million compared to Metrolist’s average of $270,000.
“Fuller Sotheby’s International Realty continues to be looked upon as the preeminent company for people who want to buy or sell a luxury home, and the results we achieved during the month of March further exemplify our knowledge of and experience in the market,” said Scott Webber, President of Fuller Sotheby’s International Realty. “Our brokers and company as a whole won multiple awards at the Denver Metro Association of REALTORS® 2011 REALTOR® Roundtable, including being recognized as the Top Producing Office in 2011 with more than $690 million in closed sales volume. We are consistent producers, who work hard to deliver the results our clients expect.”
According to the Metrolist Report, the number of homes sold in March 2012 was up 63 percent from February, and up 48 percent from March 2011.
“We believe, along with other market experts, that the increased sales numbers indicate that the upcoming spring and summer months hold a great deal of promise for selling a luxury home, and that now is the time to strongly consider putting a home on the market for sale,” said Webber. “Inventories are down from a year ago, as are ‘days-on-market’, making conditions very favorable for those who are thinking of selling their home. It’s a good time for both buyers and sellers in the Denver market.”