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Westminster CO Home Sales $200,000 and Under May 2013

By
Real Estate Agent with The DiGiorgio Group

See all Westminster CO Homes for Sale under $200,000 now!

See current market reports for Arvada, Westminster, and Broomfield CO (click the link)

Read on for a report on Westminster home sales:

westminster co homes, denver boulder real estate, market report, how to buy house, how to sell houseWhat this report tells you:  With 10 homes available in Westminster CO at $200,000 and under, compared to 24 this time last month, the opportunities are slip-sliding away!

How to buy a house in this price range: look at homes priced slightly less than you can afford, so you have 'wiggle room' to make a higher offer and beat out the other contenders.

How to sell a house in this price range:  Hire an agent to list it in the MLS with full marketing including great photos.  Get that up and running a couple of days before showings start, and stay away from the house all day so showings can be set up easily.

Westminster absorption rate:  About two weeks - a strong seller's market!

Westminster CO homes sold at or above list price last month: 21 (78%!)

This report includes only detached single family Westminster homes listed or sold for $200,000 or less.  (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 10 Westminster CO homes for sale in this price range (click the link to see them!).   None of those homes are foreclosures, two are short sales, so 20% of Westminster homes for sale now in the under $200,000 price range are distressed sales.

If you would like any more details or to see any of these homes,

please give me a call at 720-353-8031.

  • There are currently 39 Westminster homes under contract, 9 are foreclosures and 9 are short sales.  46% of Westminster homes currently under contract are distressed sales.
  • westminster co homes, denver boulder real estate, market report, how to buy house, how to sell house27 Westminster homes sold last month under $200,000, having 32 median days on market.  Three were foreclosures, four were short sales.  So 26% were distressed sales.
  • One year ago 37 Westminster homes sold below $200,000, with 38 median days on market.  Ten Westminster homes were foreclosures, five were short sales.  A 41% rate of distressed sales.
  • Two years ago 62 Westminster homes sold below $200,000, staying on the market for a median of 54 days. 26 were foreclosures, five were short sales, for a 50% distressed sales rate.

Click this link to see Westminster Home Sales in the other price categories.

Click this link to see market reports for Arvada, Westminster, and Broomfield CO.

Click this link to see Westminster real estate market reports for the previous month.

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See all homes for sale, register to receive daily updates, receive notice of price changes at:  DreamHouseHunting.com

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.

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.

 

Posted by

Joetta Fort, Realtor       720-353-8031       joetta.fort@gmail.com