Wheat Ridge Current Market Trends, Wheat Ridge CO, Wheat Ridge Real Estate
The city of Wheat Ridge Colorado has a population just shy of 30,500, according to the US Census Bureau’s 2011 statistics.With a large population and the current real estate market, it can be concluded residents of Wheat Ridge are pleased living in this Denver suburb.
There are currently only a handful properties for sale in Wheat Ridge. Most of these homes are older, single family, ranch style homes ranging in square footage from 796 to 270 and in price from $194,900 to $339,000.These properties have been on the market varying lengths of time, from as little as 7 days to as long as 139 days.
See homes for sale in Wheat Ridge
A unique home became available recently in Wheat Ridge, it hit the market just 8 days ago.This listing is a bit of an outlier from the others at a list price of $875,000 and a square footage of 4,0084.
Wheat Ridge’s real estate market hasn’t changed much in the past three months either.During this period only a few properties sold and all were very similar. Majority of these homes were build in the 1950's but all are traditional ranch style, had a walk score between 50 and 60, and were fairly close in location to one another.The average amount of days on the market for these properties was 152. Also in the past three months, 23 properties have been withdrawn from the market, after being active for an averagle of 160 days.
Clearly, the market in Wheat Ridge is keeping a very slow pace, but this is typical for this time of year, and past trends indicate it will pick up along the same time the weather turns warmer.The recent and current inventory in Wheat Ridge is certainly keeping to a pattern, with lower to mid ranging priced ranch homes, built around the 1950’s dominating the market.
All information contained in this post is as reported by all realtors through the Metrolist service. All infomation deemed reliable but not guaranteed.
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