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Q4 Market Trends - Goldsmith Neighborhood in Denver

Just south of Evans Blvd sits the small, but desirable Goldsmith Neighborhood. Home prices have dropped slightly as compared to the previous quarter. However, prices are still on the rise compared with historical data. Of the nine homes sold in Q4 of 2015, the average price was $333,428, a $59,472 drop in price from Q3.  The asking price of homes sold was also lower than the actual sale price.

Over Q4, sold listings were on the market for an average of 18 days, twice as long as the last quarter. One home sold in September had a final price of $325,000 – 8.7% over asking price. At the finish of quarter four, there were three active listing as well as three more listings under contract. 

Check in with Elevation Realty for the latest market trends for neighborhoods in Denver like Goldsmith, and follow us on Facebook or Twitter to learn more advice and tips for buying or selling a home.