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Red Feather Lakes and Livermore Real Estate Market Review 9-15-2010

By
Real Estate Agent with United Country Ponderosa Realty, Red Feather Lakes, Colorado

All Statistics taken from MLS for area 9/24 only, see map below.  MLS Stats are considered to be accurate, but not guaranteed.

Some interesting stats for Vacant Land Sales :

The total number of 2010  vacant land sales have been lagging well below the number of sales in previous years.

In comparison, the lots least affected are the lots price between $25K- $50K as well as those over $100K.

 

It's interesting to note the Average Days on the Market (ADOM) in each cateory.

Overall, 2010 shows less ADOM than previous years.

So eventhough we have seen a marked decrease in the number of vacant parcels sold-

it appears that those vacant land properties that have sold are going under contract a little more quickly in 2010.

Reminder:  (These numbers represent an average - some properties sold in less time and some took longer.)

 

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Some interesting facts about Residential Home Sales

Residential Sales are slightly off so far in 2010.

Home sales between $300K- $500K jumped higher in 2010 showing an increase over the past 2 years.  It's good to see improvement in this price range, even though it is taking longer to get them sold

Not surprising to see the average days on the market (ADOM) drop for homes under $150K, there are some great deals out there!

Overall, the average days on the market for all residential sales has not fluctuated very much, but you can see the difference in the  individual price ranges.

 

All stats in this report are for the time periods beginning

January 1 to September 15

It will be interesting to see what the rest of the year brings!

 

 

This is MLS area 9/24 for your referenceMLS area Map - IresIS - included for your reference

which includes Glacier View Meadows Sub

Crystal Lakes Sub.

Green Mountain Meadows,

Cherokee Park

Sand Creek

Bonner Peak

RistVue Sub

most of Livermore, zip 80536 (except E. of Hwy 287)

and all of Red Feather Lakes zip 80545

Interested in Selling?  please call me for a free Comparative Market Analysis. 

Buyers, I want to help you find that special place in the mountains- please call me and let me help! 

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Mary Douglas, your Mountain Broker-Associate and REALTOR®

United Country Ponderosa Realty, Red Feather Lakes, CO

www.marydouglas-redfeatherlakes.com

800-531-2195

"A Day in the Mountain will always soothe your city soul"

I specialize in the Red Feather Lakes area, Crystal Lakes and Glacier View Meadows Subdivisions, if you are interested in buying or selling your mountain home, please give me a call, I'd like to help you.

The information contained in Mary's blog is deemed reliable but is not guaranteed and the opinions and views expressed in these articles are solely those of the author.

Posted by

Website: www.marydouglas-redfeatherlakes.net

 

 Dear Readers, who are not members of Active Rain. If this post does not accept outside comments, it is only to avoid unwanted spam -

Please feel free to email me any time, I appreciate hearing from you!

 

Would you like to know more about the Livermore/Red Feather Lakes area?  Want more exposure for your home or property?  More exposure for your business or event? Let me know, I'm always looking for blog topics and I love to showcase my listings on Active Rain!

 

Browse through all the Colorado listings or focus in on some wonderful mountain properties in Livermore or Red Feather Lakes!  

 

I'd appreciate the opportunity to work with you - Don't forget to ask for Mary!

                                

Donate to the American Red Cross to help those in need. The Red Cross helped so many in Colorado that were affected by wildfires and floods.

    

Comments(18)

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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Ok Mary, when are we going to get the tutorial on how to make the beautiful graphs.  

Sep 15, 2010 01:11 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Mary

Thanks for sharing the market review for Red Feather and Livermore Colorado.

Good luck and success.

Lou Ludwig

Sep 15, 2010 01:33 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Mary, I surely like those graphs that you did. What program did you use? I have a Mac so I am keeping my fingers crossed. 

The residential sales reports don't look so bad. Things are looking up in the better price ranges except for the most expensive bracket. I like the way you differentiated these. 

 

Sep 15, 2010 02:01 PM
Lee & Carol Barbour, REALTORS
Murphy and Hayesville, NC; Hiawassee, Blairsville, Blue Ridge GA - Murphy, NC
Mountain Living Team in Murphy NC and North GA

Well your graphs are very impressive, but what really caught my eye was this....

Did you add this after your Blogging Ballon Feature?

 

Sep 15, 2010 02:28 PM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Hello Mary

Great post as usual Mary! Wonderful charts and information's!

Thank you very much for sharing,

Adam

Sep 15, 2010 02:57 PM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

I agree with Lee and Carol, I am also impressed with that phrase, and it still bugs me that those people didn't ASK for YOU.  But, anyway, I digress.  

Great post.  It has been my experience here that vacant land isn't selling here very well either.  I have over five lots for sale.  Bummer for my sellers.  But, in your area is should be much more brisk, I agree. 

Good luck...you know I wish you the best. 

Sep 15, 2010 03:12 PM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Hi Mary-I love your graphs. Great job. I would ALWAYS ask for Mary because she is the best.

Sep 15, 2010 03:29 PM
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

Hi Mary, You have some lovely graphs here.  Impressive.  I like "Remember to ask for Mary." ;o)

Sep 15, 2010 03:38 PM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Tammy,  I could do a tutorial, a simple chart is easy to do in Excel - but I only know how to do the simple ones:-)  Thanks for asking me Tammy.

 

Thanks for stopping by and taking a look, Lou!

Hi  William,  Oh no, I don't know anything about Macs!  Do you have Excel?  I was happy to see that jump in the better price range, thanks for your thoughts on it William.

 

Hi Lee and Carol, I did add that tag line in the middle of commenting on that Blogging Balloon post!  Thank you for noticing that!

 

Hey Adam, Thank you for stopping in tonight, I appreciate it.

 

Suzanne, It bothers me too but I think she did me a favor and gave me an opportunity to look at things a little differently.  I hope land sales improve in all areas soon, when people build houses it keeps a lot of other people employed!  Thanks Suzanne, I wish the best for you too!

 

Sharon, your check is in the mail LOL  I appreciate the support thanks, friend.

 

Thank you Shirley, I'm glad you like it, it's always nice to see you.  I can't stop think of that song ever since I read the post about Stephan's pants LOL

 

 

Sep 15, 2010 04:11 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Mary,

Great report and love the graphs! Very colorful and they sure do catch your eye. I also loved how you asked for the business..impressive post!

Sep 16, 2010 12:56 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

You mean it can take one to two years to sell a lot? That's a long time. I couldn't imagine having a listing for two years. Oh, wait. I sell short sales, Yeah.

Sep 16, 2010 03:07 AM
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

OK Mary but I moved so it probably will get sent back to you. Besides it would always be on the HOUSE.

Sep 16, 2010 06:17 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Dorie, thanks! I'm going to keep asking too! :-)

 

Yes Elizabeth, it's true...it could take quite awhile in this market :-)  slower than molasses in January and even slower than short sales LOL!

 

HAHA! Sharon, well that's mighty nice of you, thank you.

Sep 16, 2010 10:55 AM
Kathy Torline
ERA Herman Group Real Estate - Colorado Springs, CO
Colorado Springs Real Estate Blog 719-287-1049

Great charts -- really does a great job of showing what's going on in the market.

Sep 17, 2010 02:25 AM
Lisa VonBargen
Photography7522 - Estes Park, CO
Estes Park Real Estate Photographer

Nice stats, I just did a couple market analysis reports for vacant land owners...tough for sales in the canyon and outlying areas for sure!

Have a great weekend, should be gorgeous on your side of the mountain, too...

Sep 17, 2010 02:28 AM
Ray Saenz
Pending - Laredo, TX

Mary,
You did a great job with excel :) I did not think to put the background black before you got a super nice idea ! ! Your charts look marvelous, Isn't great to share real estate market with charts?

keep the great job !

Sep 17, 2010 03:07 PM
Nathan Strauch
Hot Shots Digital (HotShotPros.com) - Denver, CO
Colorado Real Estate Photography & Video

Thanks Mary!  Great graphical analysis for the area.

I've shot several homes in this are3a and marketed them as well.  We've found that it can be a tough market, but due to the area being somewhat less known than other beautiful areas of Colorado, we've had allot of success with Social Media Marketing to buyers out of state.

Thanks for the information, and Good Luck!

 

Sep 18, 2010 10:32 AM
Mary Douglas
United Country Ponderosa Realty, Red Feather Lakes, Colorado - Red Feather Lakes, CO
REALTOR, Red Feather Lakes, Colorado

Hi Kathy, Thanks for stopping by to take a look!  I like charts, I think they are a great visual aid!

 

Hi Lisa, It's been a spectacular weekend here - hope your's has been too and you're right, land sales are a bit of a tough go right now! I was happy to sell 2 of my Glacier View Meadows listings (both sides) and so far that's 50% of the sales :-( Thanks Lisa, I'm glad you stopped by!

 

Thank you Ray, I like the black, too - it just seems to make the colors pop! Hope you are having a great Sunday!

 

Hi Nathan, (or is it Strauch?)  You're exactly right, we are maybe a little off the beaten path - a lot of people have never even heard of Red Feather, but once they find it - they love it!  Thank you for stopping in, it'snice to meet another blogger from near by!

Sep 19, 2010 11:18 AM
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