Golden, CO

Golden, Colorado is a beautiful town located in the Rocky Mountains. The town was founded in 1859 and has since grown to be one of the most popular tourist destinations in Colorado. The town is home to many luxury hotels, ski resorts, and golf courses. Real estate in Golden is very expensive due to its location and popularity as a tourist destination.

The real estate market in Golden is extremely competitive. There are a limited number of homes available for sale, and most of them are quickly snapped up by wealthy tourists looking for a relaxing vacation spot. Home prices range from $1 million to $5 million, but the average price paid for a home in Golden is around $2 million.

The main reason why real estate prices are so high in Golden is because there are very few homes available for sale compared to other towns of similar size. In addition, many of the homes that are available for sale have been built specifically as vacation rentals or second homes by wealthy residents who do not live full-time in Golden. As a result, there is little competition among buyers and sellers, which leads to high prices.