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Arvada's Rainbow Ridge Neighborhood Market Update September 2010

By
Real Estate Agent with The DiGiorgio Group

 

Arvada’s Rainbow Ridge neighborhood market report is below. If you’d like more details, just let me know!

 

Arvada Colorado is a small city with a historic town center about midway between Denver and Boulder.

 

The Rainbow Ridge neighborhood consists of 335 homes, of mixed styles including some attached homes. There is an active HOA.  Rainbow Ridge is north of I-70 and south of 58th Ave, east of Ward Road. 

 

For more info, please click here Arvada’s Rainbow Ridge neighborhood.

 

Before you buy or sell a home it’s important to know what’s happening locally – right down to the neighborhood level.  If you’re thinking you might buy a home or sell a home in Arvada, or even the Rainbow Ridge neighborhood, I hope this information helps.

 

         Read my other posts for more Arvada neighborhoods info.

 

The following is based on figures taken from Metrolist on September 4, 2010.

 

Number Currently for Sale                                      3

Median List Price                                                    $360,000

Number Currently Under Contract                        1                  

Number Sold Past Six Months                               6

Median Sold Price Past Six Months                       $307,500

Median Days on Market for Sold Homes             14

Absorption Rate                                                      3 months

Percent Distressed Sales                                        16%

 

 

 

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I write posts on real estate issues and local events in the Denver metro area, especially those *communities between Denver and Boulder, as a public service. My hope is to give people an idea of the 'flavor' of our community, in case they're new or moving to the Denver area.

I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly *suburbs northwest of Denver.

*Arvada, Broomfield, Lafayette, Louisville, Superior, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood

Read more about Arvada Colorado, a historic small town between Denver and Boulder.

Find Homes for Sale, no Matter Who Listed Them, at Dream House Hunting.

Gardeners - please visit my blog about high plains gardening, Beauty of Gardening.

Copyright © 2011 Joetta Fort

 

 

Posted by

Joetta Fort, Realtor       720-353-8031       joetta.fort@gmail.com


Teral McDowell
Referral Patners LLC - Murphy, TX

From your market report it appears to be that most folks are happy with their Rainbow Ridge homes. Curious, do you see rainbows across the ridge? Last September I was in Denver and we drove to Boulder but I missed Arvada. If I get another opportunity I shall have to check out your community.

Sep 12, 2010 04:26 AM
Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

We see rainbows a lot around here, I'll have to ask my friends who live in Rainbow Ridge if there is a particular spot where they see them. Would love to have you visit Arvada some time!

Sep 13, 2010 12:30 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Joetta, what an interesting question that Teral asked about Rainbow Ridge and rainbows...I was wondering the same thing myself! :)

Leilani

Sep 13, 2010 12:39 PM
Teral McDowell
Referral Patners LLC - Murphy, TX

A rainbow across the ridge would be a pretty cool picture too.

Sep 14, 2010 12:04 PM
Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

You guys are just too funny! Now I'm all curious. When I get back in town (I'm on vacation right now) I'm gonna follow up on this!

Sep 14, 2010 03:58 PM