Arvada's Westwoods Neighborhood - Market Report 1/10

Arvada’s Westwoods neighborhood currently has 7 homes for sale, ranging in price from $309,900 to $595,000. One of these is a short sale and another is a bank-owned foreclosure. Some of the available Westwoods homes have been on the market for several months, but four of them have been on the market for less than 30 days.

There are no Westwoods homes currently under contract. 

Five homes sold in Westwoods in the past six months, none of them were short sales or foreclosures. Their selling prices were from a low of $339,900 to $421,250. The number of days on the market until these homes were under contract were 10, 99, 110, 130, and 174, for an average of 104 days on market.

Here's my thoughts on Westwoods:

There is a less than six month absorption rate in Westwoods. (That means if no more homes came on the market, and homes continued to sell at the same rate, the current inventory would sell in less than six months.) That's pretty impressive for this price range. The reason Westwoods homes sell at a brisker pace than others is the beautiful west Arvada location, the golf course, new shopping and restaurants nearby, and community trails. 

If you want to see any of the available homes in Westwoods or anywhere in Arvada or the surrounding area between Denver and Boulder, please give me a call. To list your home, please let me know you're thinking about selling asap - I take only a limited number of clients at a time.

Read more about Arvada's Westwoods neighborhood here.

Copyright © 2011 Joetta Fort

* * * * * * * * * * * * * * * * * * * * * * * *

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. Learn how to buy a house in Colorado.

Read more about Arvada’s other neighborhoods, shops, and things to do, and here's a little intro to Olde Town Arvada.

Check out my website.

Find all the homes available in Arvada, Westminster, Broomfield, North Denver, Thornton, Lafayette, Louisville, Wheat Ridge and Golden.

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.