Arvada Colorado Westwoods Neighborhood Market Update - January 2011

By
Real Estate Agent with The DiGiorgio Group

Arvada’s West Woods neighborhood market report is below. If you’d like more details, just let me know!

 

Arvada Colorado is a small city with a historic town center about midway between Denver and Boulder.

 

The West Woods neighborhood consists of almost 1200 homes, of mixed styles. There are multiple HOAs.  West Woods is north of 64th Ave and west of Indiana.

 

For more info, please click here Arvada’s West Woods neighborhood

 

Before you buy or sell a home it’s important to know what’s happening locally – right down to the neighborhood level. If you’re thinking you might buy a home or sell a home in Arvada, or even the West Woods neighborhood, I hope this information helps.

 

Read my other posts for more Arvada neighborhoods info.

 

The following is based on figures taken from Metrolist on January 11, 2011.

 

Number Currently for Sale 

21 (20 in October) (Prices range from $310,000 to $949,000)

 

Median List Price 

$439,000 (Down from$464,900 in October)

 

Number Currently Under Contract 

3 (Down from 6 in October) (Prices range from $414,900 to $625,000)

 

Number Sold Past Six Months 

27 (Up from 23 in October) (Prices range from $282,000 to $585,000)

 

Median Sold Price Past Six Months 

$434,000 (Up from $417,500 in October)

 

Median Days on Market                 

61 (Up from 46 in October)

 

Absorption Rate 

4.7 months (Down from October's 5.2 months)

 

Percent Distressed Sales 

11% (3 homes - down from 13% in October)

 

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

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.

*Arvada, Broomfield, Lafayette, Louisville, Superior, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood

Read more about Arvada Colorado, a historic small town between Denver and Boulder.

Find Homes for Sale, no Matter Who Listed Them, at Dream House Hunting.

 

Copyright © 2011 Joetta Fort

 

 

Posted by

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


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