Arvada CO Homes $500,000+ July 2012

By
Real Estate Agent with The DiGiorgio Group

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

What this Arvada Home Sales Report tells you:  Finally more Arvada homes sold in this price range than have been happening in the past, eating away at the absorption rate.  Previously 8 months, the absorption rate is now just over five months.  If that kept up, the backlog of homes in this price range would be taken care of.  However, with only 8 under contract August isn't looking nearly as hot.

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

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 77 Arvada homes in this price range for sale, one is a short sale, five are foreclosures.  That's a 8% rate of distressed sales 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 8 Arvada homes in this price range under contract, none are short sales or foreclosures.
  •  15 Arvada homes sold last month at $500,000+. None were short sales or foreclosures.  Homes were on the market for  a median of 87 days before going under contract.
  • 4 Arvada homes sold for $500,000+ one year ago. 74 median days on market. One short sales, none were foreclosures.
  • Two years ago, 5 Arvada homes sold for $500,000+.  89 median days on market.  One short sale and one foreclosure.

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

Click this link to see the previous Arvada Home Sales report.

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See all homes for sale, register to receive daily updates, receive notice of price changes at:  DreamHouseHunting.com

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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.  Read what past clients have said about me.

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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.

Copyright 2012, Joetta Fort, 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
Tags:
short sales
foreclosures
market report
denver boulder real estate
arvada homes

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Rainer
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Irene Durocher
Coldwell Banker BUYERS AGENT - Boca Raton, FL
homesweethome4u@att.net

Hi Joetta, thank you for the market update in your area.

It is nice to compare different parts of the country.

Aug 10, 2012 04:38 PM #1
Rainmaker
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Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

It is nice, isn't it?  Thanks for stopping by!

Aug 11, 2012 09:14 AM #2
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Rainmaker
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Joetta Fort

Independent Broker, Homes Denver to Boulder
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