See Arvada Homes for Sale between $200,000 and $300,000
See current market reports for Arvada, Westminster, and Broomfield CO (click the link)
Read on for a report on Arvada Home Sales:
There are nearly twice as many Arvada homes listed between $200,000 and $300,000 on the market right now than there were two months ago. Absorption rate has increased to nearly a month. Could it be that the craziness sellers have enjoyed is slowing down?
The market slows here annually during the hottest summer months, then picks up for September/October, so we need to keep watch for a few more months to be sure.
69% of the Arvada homes sold in this price range closed at or above list price (exactly the same as last month).
How to buy an Arvada house in this price range now: If you haven't spoken to a lender yet, do get pre-qualified and lock in your interest rate. Then, narrow the list and call me to get started house-hunting!
How to sell an Arvada house in this price range now: If you've been lamenting for the past five years that you would have to compete with foreclosures to sell your house, that time is over. If you've been put off by the long time it took most homes to sell, that's 'so' 2011. If you're waiting for interest rates to climb to kill the buying pool interest level, just hold off a little longer. Otherwise, it's time now to call me to list your house and get it sold in a timeframe sellers could only dream about a few short months ago!
This report includes only detached single family Arvada homes that sold between $200,000 and $300,000. 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 66 Arvada homes for sale in this price range. Two of these homes are short sales, and three are foreclosures, bringing the percentage of distressed homes for sale to 8%.
If you would like any more details or to see any of these Arvada homes for sale,
please call me at 720-353-8031.
- Currently, there are 136 Arvada homes under contract in this price range. Six of these homes are foreclosures and five are short sales. That's a 8% rate of distressed sales for Arvada homes.
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67 Arvada homes sold last month between $200,000 and $300,000, with 7 median days on market. None were foreclosures, one was a short sale. So in this price range 1% of Arvada homes were distressed sales.
- One year ago, 73 Arvada homes sold between $200,000 and $300,000. 22 median days on market. One was a short sale, one was a foreclosure. So a year ago the distressed rate for Arvada home sales was 3%.
- Two years ago, 34 Arvada homes sold between $200,000 and $300,000. 45 median days on market. Two Arvada homes sold as foreclosures in this price range, two sold as short sales. A 12% rate of distressed Arvada home sales.
Click this link to see Arvada 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 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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