155 Steele #412 - THe Laurel Cherry Creek | 1 BD, 1.5 BA | 934 SQ FT | $1,195,000

 

Perfect Pied a Terre in LAUREL! Fully Furnished Luxury condo in Cherry Creek. Only a few years old. This condo was professionally decorated with designer furniture, artwork, and housewares. Enjoy the rooftop entertainment and amenity deck with saltwater swimming pool, outdoor kitchen, gas grill, and fire pit. Secured building with a full-service concierge and lobby lounge. Interior finishes include a private balcony, gas range, SubZero refrigerator, hardwood floors, gas fireplace, spacious custom closets, wool carpet, porcelain tile, LED lighting, and flat-screen TV w/ soundbar. Tenant occupied until 9/30/22. MLS #7304596


March 2022 Real Estate Snapshot

 

Quick Stats:

In January of 2010, we closed 809 distressed homes. That statistic represented 40.5 percent of all closings. Last January, that number dropped to only eight distressed homes or 0.25 percent of all closings. This January the numbers continued to drop to a total of five distressed homes or 0.17 percent of the total. Of the five, two were bank-owned, three were HUD foreclosures and non were short sales. At this point, COVID restrictions had no discernible effect on the market.

Average active listings for February are 13,220 (1985-2021)

Record-high February was 2006 with 25,484 listings and the record low was set this year with 1226 listings.

The historical average decrease in active listings from January to February is 2.88 percent. An increase of 3.55 percent this Februay represents a needed rise in housing inventory.

February 2022 Real Estate Snapshot

 

Quick Stats:

  • The average active listings for January is 12,732 (1985-2021)

  • Record-high January was 2008 24,550 listings, and the record-low was set this year with 1,184 listings

  • The historical average decrease in active listings from December to January is 5.30 percent. A decrease of 19.84 percent this January represents the second-largest percentage decrease on record. 2014 saw a decrease of 20.69 percent.

Source: https://www.dmarealtors.com/sites/default/...

January 2022 Real Estate Snapshot

Photo by: @WalnutStreetPhotography

Quick Stats:

  • The average active listings in December is 12,652 (1985-2020).

  • Record-high December was 2007 with 24,603 and the recor- low was set December 2021 with 1477 listings.

  • The historical average decrease in active listings from November to December is 15.06.percent. This December, a decrease of 34.3 percent represents the largest percentage decrease on record.

Source: https://www.dmarealtors.com/sites/default/...