See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
What this report tells you: Days on market have gone on a wild ride, but the percentage of distressed sales has eased off some in this price range for Arvada homes in the month of November. If you're in the market for a home in Arvada between $200 and $250,000, about 1/3 of them will be foreclosures or short sales.
Click this link to see Arvada Home Sales in the other price categories.
The following information was obtained from Metrolist on December 1, 2011. This report includes only detached single family Arvada homes that sold between $200,000 and $250,000 in November 2011.
To see reports on other price categories of Arvada home sales in November, 2011 click here: Arvada home sales November 20111
- 8 Arvada homes sold in November 2011 between $200,000 and $250,000. 58 median days on market. 4 were foreclosures, 1 was a short sale. So in this price range 28% of Arvada homes were distressed sales in November of 2011.
Arvada homes that sold between $200,000 and $250,000 in November 2011 were found in the following neighborhoods:
North Arvada Park * Heritage Valley * Lake Arbor (Click to read neighborhood report)
Allendale * Ralston Valley * Parkview
Dover Downs * Hayes Lake * Huntington Heights
Ralston Hills * Oberon * Pomona Lakes
Club Crest * Arlington Meadow * Arbor Estates
- 2010 saw 20 Arvada homes sell during November between $200,000 and $250,000. 83 median days on market. 4 of them were foreclosures, 2 were short sales. That means 30% were distressed sales.
- 2009 saw 27 Arvada homes sell during November between $200,000 and $250,000. 45 median days on market. 2 were foreclosures, 2 were short sales. A 15% rate of distressed Arvada home sales in November of 2009.
Currently, there are 80 Arvada homes for sale and 29 under contract in this price range.
Of those that are for sale, 11 are foreclosures and 13 are short sales. 29% of Arvada homes for sale today between $200 and $250,000 are distressed sales.
Of the Arvada homes currently under contract, 3 are short sales and 7 are foreclosures. That's a 34% rate of distressed sales.
(I'm using the term 'distressed sales' to refer to short sales and foreclosures. A 'regular' sale may also have been 'distressed' in the sense that the home was in need of major work.)
Click this link to see Arvada Home Sales in the other price categories.
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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
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