Arvada Colorado The Pond Neighborhood Market Update October 2010

Arvada’s The Pond 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 Pond neighborhood consists of about 600 homes, of mixed styles. There is no HOA.  The Pond is at Arvada's north border, south of 88th Ave., and east of Kipling.

For more info, please click here Arvada’s The Pond 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 The Pond 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 October 13, 2010.

Number Currently for Sale                                      5 (Down from 6 in September)

Median List Price                                                    $328,000 (Up from September's $294,450)

Number Currently Under Contract                        1 (Down from 2 in September)

Number Sold Past Six Months                               4 (Down from 6 in September)

Median Sold Price Past Six Months                       $246,750 (Down from $290,000 in September's report)

Median Days on Market for Sold Homes             40 (Slightly down from September's 41)

Absorption Rate                                                        7.5 months (Up from 6 months in September)

Percent Distressed Sales                                         0% (Down from September report's 33%)

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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.

 Copyright © 2011 Joetta Fort