West Woods Market Trends, West Woods, Arvada, 80007, Jefferson County
Recent market trends in the West Woods neighborhood in Arvada indicate an active market shifting a bit in characteristics, but remaining steady. Over the past three months, West Woods homes have slowed down in their time on the market but more total homes are being sold.
West Woods presently has 22 homes actively listed after an average of 112 days on the market. These listings are mostly 2 story and story and a half homes with three car garages, 3-6 bedrooms, 3-5 bathrooms, ranging in size from 2,439 square feet to 4,476 square feet, and are listed at an average price of $542,312 or $173 per square foot. All of these homes were built between 1994 and 2013.
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There are currently 14 West Woods homes under contract at an average price if $430,467 or $170 per square foot, after being on the market for an average of 73 days.
Over the past three months only 10 West Woods homes have sold after an average of 61 days on the market. The average list price for these homes was $429,075 or $179 per square foot, and the average price these homes actually sold for was $419,080 or $175 per square foot. The sold homes very much reflected the current homes on the market in size and price
Over 100 homes in West Woods have been with drawn from the market within the past three months. The with drawn listings tended to be on the smaller end of the spectrum in the neighborhood; all were less than 2,000 square feet, had three bedrooms, 3 bathrooms and a 2 car garage. These homes were with drawn after being on the market an average of 61 days.
It is clear that homes in West Woods are very much in demand. Although homes are staying on the market longer in this area, more homes are being sold, resulting in the market continuing to be fluid.
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