For quarter one in the University Hills neighborhood in Denver, home sales had an average selling price of $431,679 with a total of 35 homes sold. This reflects a small dip in the amount of homes sold, and also a small dip in the average sold price -- down from 46 sold listings, and $451,532 average sold price from last quarter. The average number of days that homes for sale remained on the market was 40 days, which is a 5-day increase from Q4 2015.
In Q1, the average price of active listings was $558,580, which is down from $561,375 in Q4 of last year. In addition to the 5 active listings, there are 16 under contract listings for Q1.
Historically, this neighborhood is still at an all-time high in terms of price, carrying over from last year.
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