Arvada CO Home Sales $150-200,000 March 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:  Arvada homes in the $150-200,000 price range continue to struggle with distressed sales - foreclosures and short sales.  These troublesome sales will keep prices from increasing any time soon.  However, there's only a 2-month inventory, and anyone who's been shopping Arvada foreclosures will tell you they go fast, and often for more than asking price.

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

The following information was obtained from Metrolist on April 2, 2012.  

This report includes only detached single family Arvada homes listed or sold between $150,000 and $200,000.  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 36 Arvada homes for sale between $150-200,000. 8 of these homes are short sales and 11 are foreclosures. That's a 53% rate of distressed sales in this price range's active homes

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 43 Arvada homes under contract, 11 are foreclosures and 7 are short sales; a 42% rate of distressed sales.

 

  • 28 Arvada homes sold in March 2012 between $150-200,000, with 44 median days on market. 10 were foreclosures, 3 were short sales, for a 46% rate of distressed sales.

 

  • 2011 saw 64 Arvada homes sell during March between $150-200,000, staying on the market for a median of 102 days. None of these were foreclosures, 7 were short sales; that's an 11% rate of distressed sales.

 

  • 2010 saw 68 Arvada homes sell during March between $150-200,000, staying on the market for a median of 28 days.  17 of these were foreclosures, 7 were short sales, for a 35% rate of distressed sales.

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

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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.

Gardeners might enjoy my posts about gardening in Denver to Boulder's front range.

Copyright © 2012 Joetta Fort, Broker, The DiGiorgio Group

Posted by

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


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Topic:
Real Estate Market Trends
Location:
Colorado Jefferson County Arvada
Groups:
Market Updates
Colorado Real Estate
Tags:
short sales
foreclosures
market reports
denver boulder real estate
arvada homes

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Joetta Fort

Independent Broker, Homes Denver to Boulder
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