Westminster CO Home Sales Under $200,000 June 2013

See all Westminster CO Homes for Sale under $200,000 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:  With 23 Westminster homes available for sale at $200,000 and under is twice as many as last month, but is almost the same as April's report.  It's possible that higher interest rates are slowing our market.

This is the first time I've seen longer days on market and fewer sold than the previous year in this price range for Westminster homes.

How to buy a house in this price range: check with your lender to find out if you need to adjust your search price range, in case interest rates are having an impact.

How to sell a house in this price range:  If you have a house in this price range that's in decent shape, you should have no problem selling it at all.

Westminster absorption rate:  About three weeks - a strong seller's market!

Westminster CO homes sold at or above list price last month: 21 (62%) Not taking into consideration any seller concessions paid.

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 23 Westminster CO homes for sale in this price range (that's more than double from last month - click the link to see them!).   Seven of those homes are foreclosures, none are short sales, so 30% 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 77 Westminster homes under contract (up from 39 last month), 19 are foreclosures and 11 are short sales.  39% of Westminster homes currently under contract are distressed sales.

• 34 Westminster homes sold last month under $200,000, having 25 median days on market.  Nine were foreclosures, three were short sales.  So 35% were distressed sales.

• One year ago 52 Westminster homes sold below $200,000, with 14 median days on market.  17 Westminster homes were foreclosures, 7 were short sales.  A 46% rate of distressed sales.
• Two years ago 64 Westminster homes sold below $200,000, staying on the market for a median of 43 days. 26 were foreclosures, 9 were short sales, for a 55% distressed sales rate.

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.

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

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.