Twelve houses sold in The Hearth in Highlands Ranch in October. One less than in Oct 2008. The average days on the market has more than doubled since last October. The home values in the Hearth have gone down about 5% since early parts of 2008. So, for example if a house sold for $290,000 in Jun 08, today you could expect to get $280,000. However this is not for each and every house.
The few ranch style homes that are sprinkled between the typical 2-story houses in the Hearth have been for the most part seen even larger depreciation.
The Hearth, Highlands Ranch Home Sales
Oct 08
Oct 09
Closed Sales
13
12
Average Sales Price
$405,700
$353,978
% of Original List Price
95.6%
93.4%
Average Days on Market
69
153
Average Price /sq ft
$155
$160/sf
Pending
14
Number of Active Listings
49
New Listings
11
Days on Market = total days on market.
45 homes are for sale in the Hearth in Highlands Ranch as of Nov. 20th, 2009. The listing prices range from $265,900 to $699,000. The price per square foot ranges from $140 for a short sale to $250 per square foot for a ranch style home. Five homes for sale are listed as short sales.
Closed Sales Jan 07 to Jul 09 - The Hearth, Highlands Ranch
This Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
One house sold in The Highwoods in Highlands Ranch in October. The house was a bank owned property and it sold in seven days for $200 per square foot. The house was originally on the market for over 450 days - before appearing on the market as a bank owned home. The Highwoods is one of the three gated communities in Highlands Ranch CO.
Oct 2009
Year-to-date 2009
Closed Sales
1
4
Average Sales Price
$900,000
$1,187,500
Median Sales Price
$900,000
$1,162,500
% of Original List Price
97.8%
89.5%
Average Days on Market
7
289
Average Price/square foot
$200
$254
Pending Sales
1
New Listings
-
Active Listings
6
Days on Market = total days on market.
The Highwoods Home Sales comparison 2008 vs. 2009 (year-to-date)
Yearly Comparison
2009
2008
Closed Sales
4
7
Average Sold Price
$1,187,500
$1,217,321
Lowest Sold Price
$725,000*
$1,050,000
Highest Sold Price
$1,700,000
$1,700,000
Average % of Original List Price
89.5%
87.6%
Lowest % of Original List Price
78.5%
75.5%
Highest % of Original List Price
97.8%
96.5%
Average Days on Market
289
218
Lowest Days on Market
7
8
Highest Days on Market
500*
737
Average Price per Sq Foot
$254/sf
$228
Lowest Price per Sq Foot
$160*
$417
Highest Price per Sq Ft
$329
$888/sf
*Short Sale.
As of Nov 19th, 2009 there are six houses for sale in The Highwoods luxury homes community. The prices range from $1,150,000 to $1,585,000. The price per square foot ranges from $277/sf to $379/sf. One house is currently pending sale.
Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.
This Real Estate Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area.Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
If you are thinking about selling your home you may have heard that having updated home can bring you a lot more cash and get your home sold in no time.
Here are some updates to consider if your house was built a long, long, long, long time ago.
DESIGNER PAINT COLOR
with a matching fireplace
Upgraded carpet in neutral colors
Almost forgot the matching state-of-the art jetted tub.
Any guesses as to the fabulous era of these updates?
If you ever would need - not sure why - to get a Finnish drivers license, or happen to drive in Finland here is a quick crash course test to see if you can pass and decipher some of the Finnish traffic signs.
Just to confuse things a little I have added some commentary - you can decide to believe them or not!
1. Lets just relax first with a cup of strong Finnish coffee :)
2. T - T - T- T- T ti,ti, ti, ti,...
3. If you do this - you might end up
4. Waist deep in the water
5. Got some weight on there boy...
6. You can land your airplane here!
7. Ok, so not all areas in Finland have road yet!
8. Where is the dude from the bike? You better just walk.
9. This might go with -
10. - this
11. Whoa! Feel the speed!
12. This guy looks like he needs to go -
13. there...
If you run into this sign below you have gone way too far and decided to visit Liz instead of Finland :)
DID YOU THINK YOU PASSED?
For those that may not know - I grew up in Finland. My home town is in Northern Finland above the Arctic Circle, where we have more reindeer than people (so we say).
Yet another snow storm in the Denver area. It started snowing yesterday, took a little breather this morning and continued on. To brighten up the day I was looking through and organizing some photos that were shot in much nicer weather conditions.
These photos were taken near Boulder Colorado.
These are the Foothills West of Denver, before you head to the Rocky Mountains.
There are great trails for hiking in the Foothills and Eldorado Springs is nearby as well. Eldorado Springs has Eldorado Canyon State Park for hiking and rock climbing and great Colorado scenery!
The Preserve Greenwood Village Home Sales The Preserve Greenwood Village Homes have been selling at the rate of 1-2 per month this year. So far 18 houses have sold in The Preserve in 2009. A few more houses sold in 2008. The inventory remains at even 30 houses on the market at the end of October.
One of the bigger statistical differences this year compared to 2008 is that homes are selling on average for less per square foot. The average in 2008 was near $400 per square foot. This year depending on the month the price per square foot has dipped to low 200s and averages around $340 per square foot.
2009
Aug
Sep
Oct
Closed Sales
1
2
1
Average Sales Price
$1,206,000
$1,971,250
$1,125,000
Median Sales Price
$1,206,000
$1,971,250
$1,125,000
% of Original List Price
89%
76.1%
87.2%
Average Days on Market
147
361
126
Average Price /sq ft
$297
$338
$226
Pending
1
-
1
Number of Active Listings
31
31
30
New Listings
4
3
1
Days on Market = total days on market.
As of Nov. 15th, 2009 there are 28 homes for sale in The Preserve in Greenwood Village CO. The prices range from $864,900 to $8,900,000. The price per square foot ranges from $271 to $979 per square foot. Two of the houses on the market are lender owned new construction and the lender has cut prices drastically. One of these bank owned homes is offered at 50% of the original price! (call for details).
Some of the numbers used in this market watch are for only one month of activity. Therefore they can sometimes look extreme due to the small sample size.
If you have any questions or would like a custom Market Report for a specific area feel free tocontact us at Kenna Real Estate The Preserve Greenwood Village Real Estate Market Report is for detached residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were any. This report or any part of it may not be used without permission.
Greenwood Village Real Estate hasrecorded more home sales this year (103) than in 2008 (93), one of the few areas around Denver to do so. Average Sold price is down approximately $300,000. More homes have sold this year in the lower price ranges. E.g. This year 24 houses sold for one million dollars or more. In 2008 that number was 35.
The number of new listings in Greenwood Village didn't decline in October. It is typical to see less homes come on the market during the winter months. We'll wait to see if there is less inventory on the market in the next month or two. Read Full Greenwood Village Home Sales Report.
If you have any questions or would like a custom Market Report for a specific area feel free tocontact us at Kenna Real Estate
This Lone Tree Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.
*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Short Sale - Home for sale in Diamond Ridge in Castle Rock
Custom home in a stunning location in Diamond Ridge Castle Rock, CO 80108. Absolutely spectacular mountain views and amazing views of the town of Castle Rock from this property. The home is sold AS-IS and is a short sale.
5 bedrooms, 5 bathrooms 6729 Finished square feet 3-car garage Year Built 2000 Lot size: 1.4 acres
Offered at $890,000
Buyer to verify all information. Mold and structural problems may be present. Please call Listing agent Brian Burke for details and available reports before writing an offer. 303.710.2609 direct.
Brian Burke, Broker Kenna Real Estate 303.710.2609 Direct 303.955.4220 Office KennaRealEstate.com
Disclaimer: Buyer to verify all information including square footage and HOA fees and information. Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Cherry Hills Village home sales picked up in October, after a dip in September sales. Four of the houses sold for over one million dollars. One of the sold houses was a bank owned property and it sold for 64.4% of the original listing price. The total number of homes on the market is dropping, which is typical. During the winter months, which many consider the slow season, many sellers decide pull their homes of the market and maybe re-list in the spring.
2009 Cherry Hills home sales are about 65% of what they were in 2008. Average sold price is down about $100,000 and average days on the market has seen a large increase from 2008. Average days on the market in 2008 (yr-to-date) - 132, in 2009 - 249 days on market. View the full Cherry Hills Village Home Sales Report.
This Chery Hills Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.
*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
October Home Sales in Lone Tree Real Estate Home Sales in Lone Tree in October remained at the same level as in September, and that is good news. Homes are still continuing to sell better at the lower price range whereas the luxury homes are hardly moving. Only one house sold in October for over $700,000. 29 luxury homes over one million dollars are on the market. Below are the October numbers. You can find the full market report for Lone Tree here.
This Lone Tree Market Report is brought to you by Rita Burke, Kenna Real Estate. The report is for residential single family homes only and may not include all sales activity in the area. Figures for sold prices used are NET sold price, price after seller concessions or down payment assistance, if they were offered. This report or any part of it may not be used without permission from Rita Burke.
*Disclaimer: Data based on information from Metrolist, Inc. Metrolist Inc. does not guarantee nor is any way responsible for its accuracy. Content maintained by Metrolist Inc. may not reflect all real estate activity in the market. Information is deemed reliable but not guaranteed. Reported sales were not necessarily listed or sold by Kenna real estate and are intended only to show trends in the area. Disclaimer: Kenna Real Estate Blog does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Info, news, market stats, photos and other tidbits about Denver area, Greenwood Village, Douglas County, Denver Luxury Homes and Highlands Ranch Real Estate.
DISCLAIMER: We, Kenna Real Estate must disclaim liability for any damages or losses, direct or indirect, that may result from use of, or reliance on, any information contained in this blog, or for the accuracy of comments or opinions expressed by visitors to this Kenna Real Estate blog. The information contained in the articles is deemed reliable but is not guaranteed, and the opinions and views expressed in these articles are those of the author.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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