This snapshot of the real estate market in Westminster, Colorado provides info on homes for sale, under contract, sold in the past six months, and days on market using information taken directly from Metrolist on November 4, 2010, for single family homes.
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Absorption rate is an estimate of how long it would take all the houses currently on the market to sell, if no new ones were added, based on how many sold in recent months. It’s an artificial number, of course, but a good indicator of market trends. I think it’s one of the most useful statistics we can be aware of. I believe absorption rate is more valid than ‘days on market’, because DOM is quite skewed by short sales, which stay on the market considerably longer.
If you would like more specific and detailed information for your city or neighborhood, just give me a holla!
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Westminster is a thriving town between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices. Call me to talk about the kind of neighborhood you dream of living in. Read more about stores, restaurants, things to do, more!
How to buy a house Denver to Boulder.
How to Sell a House Denver to Boulder
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. Read what past clients have said about me.
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Based on information from Metrolist, Inc. for the periods specified in the report.
Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.
Copyright © 2010 Joetta Fort, The DiGiorgio Group
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