We have our pulse on the high-end luxury market.
The activity in price ranges over $1,000,000 is an effective indicator of the health of the overall market.
If buyers for luxury properties are active, it tells us that “smart money” is confident about real estate in Metro Denver.
So far this year, 1671 luxury properties have sold. This is 75 more than had sold at this same time last year and 440 more than 2017.
It seems “smart money” is confident.