August million-dollar home sales climb 13 percent in Denver metro

BOULDER — Million-dollar home sales took a slight seasonal dip across the Denver metro area in August, but were still up nearly 13 percent year-over-year.

The new figures come from the latest Coldwell Banker Residential Brokerage luxury-homes report that is based on Multiple Listing Service data of all homes sold for $1 million or more.

Boulder saw 33 million-dollar home sales, trailing only Denver’s 45. Greenwood Village followed with 11, while Cherry Hills Village and Parker had nine each.

SPONSORED CONTENT

Commercial Solar is a big investment, but not an overwhelming one

Solar offers a significant economic benefit for commercial property owners while also positively impacting the environment and offering a path to compliance for new municipal requirements like Energize Denver. A local, experienced solar installer will help you navigate the complexities of commercial solar to achieve financial success for your project.

The metro area as a whole boasted 168 luxury sales, up from 149 for the same month a year ago but down slightly from the 177 in July of this year. Luxury homes that sold in August were on the market a bit longer than a year ago, selling in an average of 78.3 days versus 67.5 days last year.

The most-expensive home sale in the region last month was 32 Polo Club Circle in Denver. The four-bedroom, six-bathroom, 9,330-square-foot home sold for $5,321,200.

“Prices have leveled off as well (as inventory increasing) in recent months and that’s been encouraging to buyers,” Coldwell Banker Residential Brokerage president Chris Mygatt said in a release. “It will be interesting to see what the fall home-buying season brings this year.”