A Luxury Home can be identified differently in cities across the country, but in Denver, my Luxury blog posts will report on detached single-family homes listed in the Denver metro area for over $1.3 million.  (Over the years I have used $1 million as luxury, but with our rising home values, had the need to increase this amount.)  Some have mountain and/or city views, and some properties back to a golf course, or have water views all to compliment one's lifestyle.  (however, we don't have much water)  Some are updated with products from around the world, and some have expansive square footage or acreage.     Whatever a Buyer is looking for, most likely if you have over $1.3 million, you can find it in Denver or in the surrounding suburbs.   


Here is how the luxury market fared for the month of December 2022 -

Total sales - 115 homes ranging from $1,300,000 to $5,750,000 (last month was 149 homes, 2021 was 311)   

Average Days on Market - 42 days (last month was 42 days last month and 2021 was 38 days)

Sellers saw - 97.49% to list price

Average price per SF (Total) - $599.00 (last month was $549.93)

These homes were built from 1900 to 2023

There was a significant drop in sales in December over 2021.   30% of the sales were paid with cash, and for the past few months, it has hovered around this percentage.   There are 389 actives today with 105 days on market, and 188 in pending status with 88 days on market.   The days on market with active and pending properties have increased.


The highest-priced home sold was $5,750,000 in the Denver Metro and is in  Cherry Hills Village.  This home was built in 2004, on .83 acres.  It has 6 bedrooms, 8 bathrooms, and a 4-car garage.  This home has 10,283 square feet and was sold in 137 days.


Looking for a home on acreage and private?    With mountain views?    Or would you like to see what homes are for sale over $1,000,000?   How about a home in a gated community?

Short Sale homes for sale

Contact me for bank-owned properties for sale


With the cold and snowy weather, need a room to cozy up and enjoy the fireplace and views?


There are 389  homes for sale in the Denver metro area listed over $1,300,000 up to $28,888,888.   They have been on the market for an average of 105 days and these homes were built from 1883 to 2024.     There are no bank-owned properties currently on the market, nor any short sales active.


There are 188 homes currently pending over $1,300,000 up to $5,300,000 with an average of 88 days on market.    These homes were built from 1886 to 2023.    


Here is how 2021 compared to 2022

Total Sales             2021 - 4,487                  2022 - 2,737

Days on Market      2021 - 27 days              2022 - 24 days

Average Price Sold   2021 - $1,350,000       2022 - 1,673,000

% Seller Saw to List    2021 - 100%             2022 - 100%


With home values on the rise, we are seeing more sales over $1 million.    I did bump the price point to $1.3 million for 2022.    It isn't unusual to see a million-dollar home.   We are seeing some homes linger a bit longer on the market now.


I have obtained my luxury marketing certification which has given me a multitude of new ideas.    If you have seen a home in this post this intrigues you, give me a call - 720-231-6373.