Greenwood Heights asking prices on the rise

February 9th, 2011

Homes in Greenwood Heights this week show a median asking price of over 700K, but that is probably a statistical anomaly. In the population of homes on the market are several commercial spaces that are mistakenly listed as single family homes (see below).

However, a closer look  shows some genuine activity over here.  That would square with reports that I have received from other brokers who have seen many motivated buyers  out in general and in this neighborhood in particular.

For what it is worth, here is the latest data.

More interesting is the fact that the median price of listings absorbed is 675K, considerably higher than would be expected at this time.

Categories: Greenwood, Home Buyers, Home pricing, Home sellers, Real Estate Trends, Real Time Real Estate data

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