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Market Trends in Lakewood, Lakewood Colorado, Jefferson County, 80226

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Real Estate Agent with ReThink Real Estate Group 014118

Market Trends in Lakewood, Lakewood Colorado, Jefferson County, 80226

The real estate market in Lakewood Colorado is moving at a steady pace and has been over the last few months.  The patterns of the market certainly give an idea as to what type of homes are in demand in the area.

 

lakewoodmap

 

There are currently only 6 single family homes for sale in Lakewood.  These homes have been on the market for an average of 117 days, and are priced at an average of $362,650, or $176 per square foot.   These active properties are scattered though out the city of Lakewood in a variety of different sub divisions, and are mostly ranch/1story.

 

 

 

 

Single family homes for sale in Lakewood

 

Only 3 condos are on the market, in Lakewood presently.  These homes have been listed for an average of 60 days on the market, have an average list price of $163,000 or $131 per square foot, and are mostly two story.

Condos and town homes for sale in Lakewood

In the past three months 18 single family homes have sold in Lakewood, after being on the market for an average of 60 days.   These sold properties were listed at an average of $261,061 and sold for an average of $252,402.  The year these homes were built ranged from 1928 to 1994, and only 5 homes were 2 story, the others were ranch.  One of these sold homes was also a short sale.

In the same time frame, 11 condos or townhomes sold after an average of 34 days on the market, and ranged in their year built from 1974 to 2002.  These condos, were originally listed at an average of $181,918 but sold for an average $173,204 or $123 per square foot.  Majority of these properties were single store, with a few 2 story and just one 3 story. 

 

 

The market in Lakewood is moving at a consistent pace.  Single family homes and condos and townhomes are being sold at about the same rate when it is considered that there are significantly more single family homes in Lakewood than there are condos.  However, condos are being sold significantly faster than the single family homes, which indicates there is a higher demand for them.   

 

Find homes for sale in Lakewood

 

Posted by

_______________________________________________________________________________________________

Cory Fitzsimmons, REThink Real Estate Group, Golden, CO 720-581-2885

www.housefitz.com   Denver investment property   Denver Income property 

Your Denver Metro Broker-Associate and REALTOR®  "Out standing in my Field"

Colorado Foreclosure Hotline 1-877-601-HOPE    HOTLINE WEBSITE: ColoradoForeclosureHotline.org

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

 

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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I am glad to hear that the homes are moving and the market is steady.

Mar 02, 2013 12:46 AM
Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Looks like a very nice home and area to live in. Good luck in selling.

Mar 02, 2013 01:00 AM
Cory Fitzsimmmons
ReThink Real Estate Group - Golden, CO
Realtor - Denver, CO ReThink real estate group

Thanks for stopping by and your comments.

Mar 05, 2013 01:11 PM
Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

Great info - We are seeing a good market for condos here in Arvada too.  I'm kind of surprised by that, but definitely pleased.

Mar 06, 2013 02:26 AM
Cory Fitzsimmmons
ReThink Real Estate Group - Golden, CO
Realtor - Denver, CO ReThink real estate group

Yeah, I am happy our market is doing so well. Thanks Joetta.

Mar 06, 2013 09:37 AM
RJ Baxter
Clear Path Home Loans - Centennial, CO
303-670-0137

Cory- Thanks for the update on market trends in Lakewood!

Mar 12, 2013 09:54 PM
Cory Fitzsimmmons
ReThink Real Estate Group - Golden, CO
Realtor - Denver, CO ReThink real estate group

Thanks RJ!

 

Mar 14, 2013 01:59 AM