Number of Homes Sold in Denver : 1st Quarter of 2011
51 Single Family Homes Sold Properties

Average Sale Price : $291,905

Average Days on Market: 146

Current Number of Denver Homes for Sale:
277

Denver, NC Real Estate
There were a total of 51 homes sold in Denver from January 1through  March 31, 2011 as compared to 40 properties for the same time period in 2010.  The average sales price for the 1st quarter of 2011 was $291,905 as compared to an average sales price of $333,401 in 2010. Pricescontinue to decrease in the Denver NC area of Lake Norman.  Buyers who can qualify for a mortgage are taking advantage of current low interest rates, affordable home prices along with a good inventory of homes to choose from. The average number of days on the market in the first 3 months of 2011  was 143 as compared to 171 days during this same period of 20010. There are currently 277 homes for sale in Denver, NC. The average square footage of homes sold was was about 2800 SF and the average list price was $308,626.  The list to sale price ratio is 95%...buyers are negotiating for some great deals on Denver homes. Buyers are taking advantage of the new custom home communities in the very popular Denver area on the west side of Lake Norman. Builders continue to price new homes very aggressively and to offer great incentives on inventory homes.  Qualified buyers can really make some great deals on a home! Buyers may also find sellers a bit more motivated to negotiate on resale homes because of the abundance of new construction homes available where builders are offering such great incentives! Low interest rates are giving buyers the power to purchase a higher priced home for while keeping in line with their projected budget for a monthly payment. Qualified buyers are in an excellent position to negotiate with sellers and get a lot of home for the dollar! Whether you are in the market for your brand new dream home or are looking to buy a quality resale home now is the time to take advantage of the buyers market we are experiencing in Denver, NC.