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:
What this report tells you: The number of Westminster homes that sold in this price range is dropping, yet the days on market and absorption rate indicate a hot market. I believe what is happening, is this market segment is disappearing in Westminster as prices increase.
How to buy a house in this price range: Get it done asap. Prices are rising, opportunities in this price range are being snapped up!
How to sell a house in this price range: List it with a knowledgeable local agent to get the most market coverage and the highest offers.
Westminster absorption rate: Less than one month
Westminster CO homes sold at or above list price last month: 30 (79%) Not taking into consideration any seller concessions paid.
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 33 Westminster CO homes for sale in this price range (that's 50% more than last month, which was double the month before - click the link to see them!). Six of those homes are foreclosures, two are short sales, so 24% 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 69 Westminster homes under contract, 14 are foreclosures and 12 are short sales. 38% of Westminster homes currently under contract are distressed sales.
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38 Westminster homes sold last month under $200,000, having 11 median days on market. Ten were foreclosures, one was a short sale. So 29% were distressed sales.
- One year ago 46 Westminster homes sold below $200,000, with 16 median days on market. 13 Westminster homes were foreclosures, 9 were short sales. A 48% rate of distressed sales.
- Two years ago 58 Westminster homes sold below $200,000, staying on the market for a median of 43 days. 23 were foreclosures, 6 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
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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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