2011 Real Estate Market Review for Livermore, CO

By
Real Estate Agent with United Country Ponderosa Realty, Red Feather Lakes, Colorado

 

2011 Livermore CO Real Estate Market Review

Active Residential Listings     74

6 Sales Pending                           6

SOLD in 2011                              45

 

Previous Year's Comparison

Active 60, Sold 39, Pending 3

 

The Majority of Sellers were Private Owners, although there was a slight increase in the Foreclosure Market from the previous year.  (from 11 to 15)

Homes priced under $200,000 were still the favorites, while homes in between 200K -300K did better than the previous year (4 more houses sold)  but we saw a 47% decrease in sales in homes priced over 300K.

Most buyers went with Conventional Financing, but CASH buyers came in second.  FHA and VA financing helped 8 buyers, while no one took advantage of the 100% USDA loans that are available in this area:

 

 

 

 

 

 

 

 

 

 

That about sums up the Residential Market for Livermore in 2011- Now onto the Vacant Land Market:

Vacant Land Active Listings

 

    83

Low 13,900-High $750,000

     

Sales Pending   4                                     

     

 

SOLD                 19

         

Low $14,000-High $177,500

     
           

Average Days on the Market for Vacant Land - 310

 

15 days being the shortest and 1137 days being the longest

           

What Sold?

       

Glacier View Meadows

     

    9  

Poudre River Ranch

 

1

   

Red Tail Park

 

1

   

Cherokee Meadows

 

1

   

Brittany Pond

 

2

   

Hidden Canyons

 

1

   

Unsubdivided

 

3

 

 

Our vacant land sellers are hoping to see you in 2012!

I hope your 2012 has been off to a great start.  Football's over, it's time to get out and start looking for your new home or land in beautiful Livermore, CO.

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

Mary Douglas, your Mountain Broker-Associate and REALTOR®

United Country Ponderosa Realty, Red Feather Lakes, CO

www.marydouglas-redfeatherlakes.net

800-531-2195

 

“A Day in the Mountains will always soothe your city soul”

 

I specialize in the Red Feather Lakes area, Fox Acres, Crystal Lakes and Glacier View Meadows Subdivisions, if you are interested in buying or selling your mountain home, please give me a call, I’m here to help you.

The information contained in Mary’s blog is deemed reliable but is not guaranteed and the opinions and views expressed in these articles are solely those of the author.

I write about my area in Colorado; Law, Custom & Procedure vary from State to State and even within the State.

REAL ESTATE IS LOCAL.  Always consult with your LOCAL Real Estate Professional. 

 

Posted by

Website: www.marydouglas-redfeatherlakes.net

 

 Dear Readers, who are not members of Active Rain. If this post does not accept outside comments, it is only to avoid unwanted spam -

Please feel free to email me any time, I appreciate hearing from you!

 

Would you like to know more about the Livermore/Red Feather Lakes area?  Want more exposure for your home or property?  More exposure for your business or event? Let me know, I'm always looking for blog topics and I love to showcase my listings on Active Rain!

 

Browse through all the Colorado listings or focus in on some wonderful mountain properties in Livermore or Red Feather Lakes!  

 

I'd appreciate the opportunity to work with you - Don't forget to ask for Mary!

                                

Donate to the American Red Cross to help those in need. The Red Cross helped so many in Colorado that were affected by wildfires and floods.

    

Comments (12)

Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

REOs must be a lot less of your listings than mine.  I'm also amazed at the low amount of VA/FHA loans too.

Feb 19, 2012 04:14 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, great to see good news for your area!   Love your format!

Feb 19, 2012 04:22 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Mary, your Livermore Colorado real estate market looks nice and steady - that's GREAT.  What program are you using for your graphs?  I like the looks.  

Feb 19, 2012 04:36 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Mary what an informative report for Livermore CO I don't think you missed anything.

Feb 19, 2012 11:32 AM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Chesterfield, MO
SelectAnn.com

Mary,

Awesome report as usual!

Ann Hayden in Wildwood, MO

Feb 19, 2012 12:26 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Mary,

You outdid yourself on this report..awesome!! I love your graphs and your information is very informative. No wonder everyone is calling you to help them in Livermore CO!!

Feb 20, 2012 10:01 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, great market report for Livermore, and you are lucky not to have too many short sales.

Feb 21, 2012 08:53 PM
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Hi Mary!  I always enjoy your colorful and purposeful market reports, Mary!  I hope your January and February have been on fire with sales like you ended the year in 2011!!!  WHY is GVM the hottest ticket for land sales?  Everyone wants to be Mary's neighbor!

Feb 23, 2012 07:36 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Mary - I think those are among the most attractive looking market data graphics I've seen.  They provide a clear concise view of the What's Happenin' Now of your real estate marketplace.

Feb 24, 2012 12:35 AM
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Wow, Mary, your short sale market slice is really small. In Sacramento, the numbers would be reversed. But the good news is more than 50% of your listings sell.

Feb 29, 2012 11:24 PM
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Mary that 34% cash buyers is impressive. Glad to see your market niche doing so well.

Mar 20, 2012 01:57 AM
James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado; Spring is here in the Rocky Mountains

Apr 14, 2012 12:29 AM

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