What's My WestAdor Cedaredge CO Home Worth Jan. 2016 Real Estate News
Some recent real estate activity will be able to help us determine a neighborhood price. Over the last year there has been very little activity and only two homes have sold. Heading into this year we are already seeing more activity than we've seen in all of 2015.
Here's a look at what's happening in the WestAdor neighborhood:
- There are two active listings. They are priced at $225,000 and $239,900.
- There are two listings under contract. They are listed at $200,000 and $205,000. When these properties sell, the selling price will help us to better determine a neighborhood value.
- Since last month's report two homes have sold. One was banked owned and listed at $100,000. It sold for $110,00. There were multiple offers in on this property. It was a heck of a deal for this neighborhood. The other home was listed "as priced to sell" at $149,950. It sold for $145,000. Considering the situation with both of these sales, I don't think they should be given a lot of weight in determining a neighborhood value.
- Real estate activity has been low in the neighborhood due to the lack of inventory. Now is a great time to list your home. There is less competition on the market, but yet there are still buyers waiting to buy a home.
This is a quick look at the neighborhood and the real estate activity there. If you would like to know more, please give me a call.
If this neighborhood, or one like it, is something you would like to know more about, please give me a call. If you are looking for a home in West Ador or anywhere in the Cedaredge area, I can help you with that, too.
I have a property search program that is accurate and up to date. You can find all the property listings that are available without searching a lot of different websites. Using this program will keep you up to date when new properties come on the market. I look forward to hearing from you.
I've lived on Colorado's Western Slope for over 26 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you need real estate information for Montrose County, or Delta County, Colorado...please give me a call.
**This listing information is local MLS for Delta County, CREN (Colorado Real Estate Network). Not all properties are sold or listed by the author. This information is intended to show trends in the real estate market.
Comments(12)