Potomac Farms, Adams County, Colorado, Commerce City, 80022, Live in Adams County

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Real Estate Agent with ReThink Real Estate Group 014118

 

Potomac Farms, Adams County, Colorado, Commerce City, 80022, Live in Adams County

Potomac Farms is a subdivision in Commerce City, Colorado that features 2 story homes with traditional architecture, built in the early to mid 2000s.  This neighborhood is managed by an HOA which costs homeowners about $81 dollars a month and includes grounds maintenance and trash removal.

 

The Potomac Farms Neighborhood is within the Adams County School District; specific public schools for the area include Turnberry Elementary, Otho Stuart Middle School, and Prairie View High School.

 

7 Homes in Potomac homes are currently for sale listed at an average of $233,235 or $131 per square foot.  These active homes have 3-5 bedrooms, 2-4 bathrooms, 2 car garages, 1,468-2,244 square feet, and have been on the market for an average of 75 days.

homes for sale

Potomac Farms has 4 homes now under contract after spending an average of 61 days on the market, listed at an average of $249,525 or $136 per square foot. These homes under contract have 3 bedrooms, 2-3 bathrooms, 1-2 car garages and 1,597-2,204 square feet.  There are no homes in the neighborhood currently pending contract.

 

Over the past 3 months, 5 homes in Potomac Farms have sold after spending an average of 28 days on the market.  These sold homes have 3-4 bedrooms, 3 bathrooms, 2 car garages, 1,463-2,206 square feet, and were initially listed at an average of $225,980 or $128 per square foot, but sold for an average of $226,560 or $129 per square foot.

market inventory trends

 

All of this information indicates the real estate market in Potomac Farms has remained consistent through out the past 3 months.  During this time frame, the average list price of homes in the neighborhood has increased, and even though the average time homes are spending on the market has increased, the inventory in the neighborhood is continuing to increase as well.

listed vs sold

 

Posted by

_______________________________________________________________________________________________

Cory Fitzsimmons, REThink Real Estate Group, Golden, CO 720-581-2885

www.housefitz.com   Denver investment property   Denver Income property 

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The information contained in Cory's blog is deemed reliable but is not guaranteed, and the opinions and views expressed in these articles are solely those of the author.

 

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Cory Fitzsimmmons

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