Westminster CO Home Sales Under $200,000 March 2013

By
Real Estate Agent with The DiGiorgio Group

See Westminster CO Homes for Sale under $200,000

See current market reports for Arvada, Westminster, and Broomfield CO (click the link)

Read on for a report on Westminster home sales:

0-200 Screen Shot WM 3:13What this report tells you:  Stats on Westminster homes selling up to $200,000 are all headed in the right direction, although they have a long way to go from the dismal situation of the past couple of years. To buy a house in this price range, be prepared to make a quick decision, and have flexible financing ready that allows for repairs.

Westminster absorption rate:  Two weeks

Westminster CO homes sold at or above list price last month: 26 (52%)

Click this link to see Westminster Home Sales in the other price categories.

This report includes only detached single family Westminster homes listed or sold for $200,000 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 24 Westminster CO homes for sale in this price range (click the link to see them!).   Six of those homes are foreclosures, one is a short sale, so 29% of Westminster homes for sale now in the under $200,000 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 63 Westminster homes under contract, 15 are foreclosures and 10 are short sales.  40% of Westminster homes currently under contract are distressed sales.
  • 0-200 graph WM 3 201350 Westminster homes sold last month under $200,000, having 30 median days on market.  20 were foreclosures, 3 were short sales.  So 46% were distressed sales.
  • One year ago 44 Westminster homes sold below $200,000, with 32 median days on market.  24 Westminster homes were foreclosures, six were short sales.  A 68% rate of distressed sales.
  • Two years ago 39 Westminster homes sold below $200,000, staying on the market for a median of 67 days. 22 were foreclosures, 4 were short sales, for a 67% distressed sales rate.

Click this link to see market reports for Arvada, Westminster, and Broomfield CO.

Click this link to see Westminster real estate market reports for the previous month.

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

See all homes for sale, register to receive daily updates, receive notice of price changes at:  DreamHouseHunting.com

Westminster is a thriving town between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices. Call me to talk about the kind of neighborhood you dream of living in.

How to buy a house Denver to Boulder.

How to Sell a House Denver to Boulder

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.  Read what past clients have said about me.

Get monthly updates about neighborhoods, eateries, things to do, and local real estate by signing up for my free newsletter.

 

Copyright © 2013 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.

Posted by

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


Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?