Westminster Luxury Home Sales $500,000 and Up, June 2013

See Westminster Homes for Sale Above $500,000 now!

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

Read on for a report on Westminster Home Sales:

What this report tells you:  Westminster luxury homes continue to see year-over-year improvement in days on the market and in the number sold.  But this price point will remain stale as unless number sold picks up.

Sales of new construction homes above $500,000 in Westminster CO:  None reported in the MLS

Westminster absorption rate:  Over 7 months. Still a buyer's market!

Westminster homes sold last month at or above list price:  None

This report includes only detached single family Westminster CO homes that sold at $500,000 and up.  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 66 Westminster CO homes for sale in this price range.  None of them are short sales, one is a foreclosure.  That's a 2% rate of distressed sales for Westminster CO homes in the price range.

If you would like any more details or to see any of these Westminster CO homes for sale,

please call me at 720-353-8031.

• Currently, there are 15 Westminster CO homes under contract in this price range.  None of these homes is a foreclosure, one is a short sale.  7% rate of distressed sales.

• Nine Westminster CO homes sold last month at $500,000 and up (a nice increase from last month's 2!), with 48 median days on market.  None of them was a foreclosure or short sale.

• One year ago, six Westminster CO homes sold at $500,000 and up.  108 median days on  market.  One of them was a short sale, none were foreclosure.  17% rate of distressed sales.
• Two years ago, five Westminster CO homes sold at $500,000 and up.  94 median days on market.  None of them was a foreclosure or short sale.

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

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.

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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.

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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.