See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
What this report tells you: This price range is, of course, where you find the 'mother lode' of foreclosures, and even a few short sales. The percentage of Arvada homes that sold as foreclosures and short sales has been stable over the past 3 years, days on market has been erratic. There is only a 1-month supply of homes in this price range, and that is good news for investors and folks who want small entry level or 'fixer' houses.
Click this link to see Arvada Home Sales in the other price categories.
The following information was obtained from Metrolist on May 10, 2012.
This report includes only detached single family Arvada homes listed or sold for $150,000 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 8 Arvada homes for sale in this price range. Two of those homes is a foreclosure, two are short sales, so 50% of all homes available in the under $150,000 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 19 Arvada homes under contract, 7 are foreclosures and 5 are short sales. 63% are distressed sales.
- 13 Arvada homes sold in April 2012 under $150,000. 50 median days on market. 7 were foreclosures, 4 were short sales. So 85% were distressed sales.
- 2011 saw 15 Arvada homes sell during April below $150,000, with 141 median days on market. 11 Arvada homes were foreclosures, 2 were short sales. An 87% rate of distressed sales.
- 2010 saw 10 Arvada homes sell during April below $150,000, staying on the market for only 20 median days. 7 were foreclosures, one was a short sale, for a 80% distressed sales rate.
Click this link to see Arvada Home Sales in the other price categories.
Click this link to see Arvada Home Sales for March, 2012.
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Arvada is a historic town about midway between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices, all served by well-loved schools. Call me to talk about the kind of neighborhood you dream of living in. Read more about stores, restaurants, things to do, more!Read more about life in Arvada, Colorado.
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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 © 2012 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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