See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
What this report tells you: While days on market have come way down, percent of distressed sales have risen. This confirms the feeling of many, that the higher price ranges are just now hitting the peak of the housing crisis, even as the lower price ranges are turning around.
Click this link to see Arvada Home Sales in the other price categories.
The following information was obtained from Metrolist on April 10, 2012. This report includes only detached single family Arvada homes listed or sold between $300,000 and $400,000. (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.)
- Currently, there are 57 Arvada homes for sale in this price range. Six of them are foreclosures, 1 is a short sale. That's a 12% rate of distressed home for sale in Arvada right now.
If you would like any more details or to see any of these Arvada homes for sale, please call me at 720-353-8031
- 38 Arvada homes are currently under contract in this price range, two are foreclosures and 1 is a short sale. That's an 8% rate of distressed sales.
- 12 Arvada homes sold in March 2012 between $300,000 and $400,000. 43 median days on market. 3 were foreclosures, 3 were short sales, for a 50% rate of distressed sales.
- 2011 saw 8 Arvada homes sell during March between $300,000 and $400,000. 129 median days on market. None of them were foreclosures and 1 was a short sale. 13% rate of distressed sales.
- 2010 saw 15 Arvada homes sell during March between $300,000 and $400,000. 93 median days on market. 1 was a short sale and 3 were foreclosures, 27% rate of distressed sales.
Click this link to see Arvada Home Sales in the other price categories. Click this link to see Arvada Home Sales for February, 2012.
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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 might enjoy my posts about gardening in Denver to Boulder's front range.
Copyright © 2012 Joetta Fort, Broker, The DiGiorgio Group
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