Median Sales Price (April 2010) - Arvada, CO

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Real Estate Agent with Signature Realty, Inc.
ARVADA MARKET SUMMARY

From January 2010 to March 2010 , the median sales price for homes in Arvada CO was $200,000. This represents a decline of 2.7%, or $5,500, compared to the prior quarter and an increase of 0.1% compared to the prior year. Sales prices have depreciated 9.9% over the last 5 years in Arvada.

The average listing price for Arvada homes for sale on Trulia.com was $289,684 for the week ending Apr 28, which represents a decline of 1.5%, or $4,539, compared to the prior week and a decline of 2.2%, or $6,666, compared to the week ending Apr 07. Average price per square foot for Arvada CO was $144, an increase of 2.9% compared to the same period last year. Popular neighborhoods in Arvada include Arvada Plaza Area, Lamar Heights Area, Alta Vista Area, Village Of Five Parks, Meadowglen, and Arbor Green Townhomes.

                                                **Information provided by Trulia and is deemed reliable but not guaranteed**

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Renato Lunnon            303-506-0281

Signature Realty, Inc.

11941 W. 48th Ave. #201

Wheat Ridge, CO 80033

 

Signature Realty is a full service real estate company based in Colorado serving the Denver Metro area.

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Topic:
Real Estate Market Trends
Location:
Colorado Jefferson County
Tags:
market
buy
colorado
sell
report
arvada
summary
homes

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

That is actually a scary looking graph.  It does not look like things are changing for the better.

May 05, 2010 06:36 PM #1
Rainer
37,801
Renato Lunnon
Signature Realty, Inc. - Morrison, CO
Denver Real Estate - 303-506-0281

Actually, the median sales price in Arvada has been flattening the past couple months and as opposed to falling like it has since October 2009.  We are finding that numberous pockets of neighborhoods are very stable.  Although the median price overall has declined, what's encouraging is both the number of sales and the average price per square foot has been on the rise.  It just shows that the market is re-adjusting from the economic downfall of 2008 and 2009.  Time will only tell if this is going to be a lasting trend.

Do you have anyone who is relocating into the area?  If so, we'll keep them in the stable areas of town!

May 06, 2010 07:23 AM #2
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Rainer
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Renato Lunnon

Denver Real Estate - 303-506-0281
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