Arvada CO Homes Sales of $500,000+ February 2012

By
Real Estate Agent with The DiGiorgio Group

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

What this report tells you:  Compared to past years, February's median days on market of only 42 is a huge improvement.  If that trend continues, homes in this price point will begin to move. But, as so many have said before, one statistic is not a trend.  It's a number to watch, although right now there's nearly a year's supply of Arvada homes on the market at $500,000+.

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

The following information was obtained from Metrolist on March 1, 2012.  This report includes only detached single family Arvada homes listed or sold for more than $500,000.  I’m using the term ‘distressed sales’ to refer to short sales and foreclosures.

  • Currently, there are 43 Arvada homes in this price range for sale, one is a short sale, 2 are foreclosures.  That's a 7% rate of distressed sales, and nearly an 11-month supply of homes on the market in this price range.

If you would like a private showing or any details of these Arvada homes for sale, please contact me at 720-353-8031.

  • Currently, there are 6 Arvada homes in this price range under contract, none are short sales or foreclosures.
  • 4 Arvada homes sold in February 2012 at $500,000+. None were short sales, one was a foreclosure, for a 25% distressed rate.  Homes were on the market for  a median of 42 days before going under contract.

Arvada homes that sold last month for $500,000+ were found in the following neighborhoods:

Trail Village    *    Spring Mesa

Alkire Estates

  • 4 Arvada homes also sold for $500,000+ in February of 2011. 262 median days on market. None were distressed sales.
  • 2010 saw only 1 Arvada home sell during February for $500,000+.  146 median days on market. It was not a short sale or foreclosure.

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

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

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.

*Arvada, Broomfield, Lafayette, Louisville, Superior, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood

Read more about Arvada Colorado, a historic small town between Denver and Boulder

Find Homes for Sale, no Matter Who Listed Them, at Dream House Hunting.

 

Copyright © 2012 Joetta Fort, Broker, Equity Colorado

 

Posted by

Joetta Fort, Realtor       720-353-8031       joetta.fort@gmail.com


close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Colorado Jefferson County Arvada
Groups:
City & State: Listings and Market Reports
Market Updates
Colorado Real Estate
Tags:
short sales
foreclosures
market reports
denver boulder real estate
arvada homes

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention
Rainmaker
654,229

Joetta Fort

Independent Broker, Homes Denver to Boulder
Ask me a question
*
*
*
Spam prevention

Additional Information