See Arvada Homes for Sale between $400,000 and $500,000
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Read on for a report on Arvada Home Sales:
43% of Arvada homes sold between $400,000 and $500,000 in April 2013 closed at or above list price. Pretty nice stat! In this price point, competition with new construction can be a concern, but only 2 of those sold last 
month were new construction.
The really nice thing happening in this price point of Arvada homes is the increase in the number sold; twice as many this year as the same month last year or the year before.
Last month, I reported a 3-month inventory (absorption rate) in this price point, but now it has whittled down to two months.
I also reported bad news about the number of days on market last month, but this month you can see the red line on the graph shows a lovely downward drop.
How to sell a house in this price range: Carefully analyze the competition and positon yourself advantageously. Buyers in this price point aren't as sensitive to a $5,000 or $10,000 difference, but sometimes a little change can make a big difference.
How to buy a house in this price range: Know the neighborhood(s) where you really want your new home to be, and get familiar with what's out there, even a month or two before you really want to finalize your purchase.
Click this link to see Arvada Home Sales in the other price categories.
This report includes only detached single family Arvada homes listed or sold between $400,000 and $500,000. 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 40 Arvada homes for sale in this price range (click the link to see all Arvada homes for sale in this price range!). One of them is a short sale, none are foreclosures. So 3% of Arvada homes for sale in this price point are distressed sales.
For a private showing or more details of any of these Arvada homes, call me at 720-353-8031.
- Currently, there are 37 Arvada homes under contract in this price range, none is a foreclosure or short sale.
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Last month, 21 Arvada homes sold between $400,000 and $500,000. 28 median days on market. One of them was a foreclosure, one was a short sale. 2% rate of distressed sales.
- One year ago, seven Arvada homes sold in this price range with a median number of days on market of 157. None of them were foreclosures or short sales.
- Two years ago, eight Arvada homes sold in this price range, with 62 median days on market. None were short sales, or foreclosures.
Click this link to see market reports for Arvada, Westminster, and Broomfield CO.
Click this link to see the previous Arvada Home Sales report.
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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 life in Arvada, Colorado.
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.
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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.
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