See Arvada Homes for Sale between $400,000 and $500,000
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Read on for a report on Arvada Home Sales:
Out of the thirteen Arvada homes that sold in this price range last month, four sold at or above list price. Surprisingly, none of the thirteen sales were new construction.
This price range is burdened with a 3-month inventory. Homebuyers in the lower price ranges are in desperate need of homes to choose from, but they can still take their time and be picky if shopping above $400,000.
Check out the line graph below for the huge increase in number of days on market compared to the past two years.
Click this link to see Arvada Home Sales in the other price categories.
This report includes only detached single family Arvada homes listed or sold between $400,000 and $500,000. 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 39 Arvada homes for sale in this price range (click the link to see all Arvada homes for sale in this price range!). Two of them are short sales, none are foreclosures. So 5% of Arvada homes for sale in this price point are distressed sales.
For a private showing or more details of any of these Arvada homes, call me at 720-353-8031.
- Currently, there are 34 Arvada homes under contract in this price range, one is a foreclosure, one is a short sale. 6% of Arvada homes currently under contract between $400 and $500,000 are distressed sales.
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Last month, 13 Arvada homes sold between $400,000 and $500,000. 129 median days on market. Two of them were foreclosures, none were short sales. 8% rate of distressed sales.
- One year ago, eight Arvada homes sold in this price range with a median number of days on market of 36. None of them were foreclosures or short sales.
- Two years ago, eleven Arvada homes sold in this price range, with 36 median days on market. One was a short sale, no foreclosures, for a 13% rate of distressed sales.
Click this link to see market reports for Arvada, Westminster, and Broomfield CO.
Click this link to see the previous Arvada Home Sales report.
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Arvada is a historic town about midway between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices, all served by well-loved schools. Call me to talk about the kind of neighborhood you dream of living in.
Read more about life in Arvada, Colorado.
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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Copyright © 2013 Joetta Fort, The DiGiorgio Group
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.
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