Applewood Market Trends, Applewood, Lakewood, CO, 80033, Jeffco,

Applewood Market Trends, Applewood, Lakewood, CO, 80033, Jeffco,

Applewood is a neighborhood in Lakewood that features single family, contemporary, brick homes built from the mid 1960s to the early 1990s.  Over the past few months, the inventory in the area has remained consistent, even though the average list price and time on the market have both fluctuated.

There are 9 homes currently for sale in Applewood that have been listed for an average of 173 days at an average price of $876,552 or $239 per square foot.  These homes have 4-6 bedrooms, 3-9 bathrooms, 2-4 car garages and 1,377-5,812 square feet.

11 Applewood homes are under contract after being on the market for an average of 57 days and listed at an average of $439,950 or $199.  These homes under contract range in size from 3-5 bedrooms, 2-6 bathrooms, 1-4 car garages, and 1,289-5,675 square feet.

Over the past three months, 8 homes in Applewood have sold after being on the market for an average of 24 days.  These sold homes were initially listed at an average of $315,600 or $201 per square foot, but actually sold for an average of $309,902 or $197 per square foot.  The homes also ranged in size from 3-5 bedrooms, 1-3 bathrooms, 2-5 car garages and 982-2,520 square feet.

There is clearly a demand for homes in Applewood. The market in the neighborhood has slowed down over the past few months as homes are spending longer on the market before selling, but the average list price of homes for sale is increasing significantly.