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Metro Denver Real Estate Market Report December 2018

The metro Denver luxury homes market for homes priced over $1,000,000 is currently a buyers market. There are currently 16 months of inventory for the metro Denver luxury real estate market. Anything over six months of inventory is considered a buyers market. If you’re considering buying a luxury home in the Denver area, now may be a great time to get started on your home search. You are more likely to get a good deal on a luxury home than you were last summer. In fact, we guarantee that you’ll save at least $5,000 on your luxury home purchase. Call 720-408-7409 or contact a Metro Denver Luxury Home Realtor® to learn more.

If you are looking to sell a luxury home in the Denver area, you need every advantage you can get to insure your home sells. We can help you with our 1% listing commission. We only charge 1% commission plus a buyer’s agent commission for all of our full-service listings. This can save you tens of thousands of dollars in commission. If you use a portion of this savings for a lower listing price, your home can attract more interested buyers. How many more buyers do you think would be interested in your home if it were priced $20,000 to $50,000 less than your neighbors home? We know that it makes a big difference. All of our listings include a precision pricing consultation, professional photography, listing in all three front range MLS systems, a website built specifically to market and advertise your home, extensive online and Facebook advertising, and much more. Contact a Metro Denver Luxury Home Realtor®, call 720-408-7409 or visit SellAHomeForOnePercent.com to learn more.

See the graphs below for metro Denver luxury home real estate market trends.

Metro Denver Luxury Homes Average Days on Market

Metro Denver Luxury Homes Average Days on Market

Metro Denver Luxury Homes Number of Homes Sold

Metro Denver Luxury Homes Number of Homes Sold

 

Metro Denver Luxury Homes Number of Homes for Sale

Metro Denver Luxury Homes Number of Homes for Sale

Metro Denver Luxury Homes Months of Inventory

Metro Denver Luxury Homes Months of Inventory

Learn more about the market trends and view current homes for sale for a few select neighborhoods:

Denver Country Club Market Trends Report

December 2018

Denver Country Club Homes for Sale

The market for Denver Country Club homes for sale is changing just as the rest of the Denver real estate market is changing. We’re in the process of going from a hot sellers market to a more balanced market in the Denver metro area. Where not too long ago, we saw multiple offers and bidding wars for the most in demand properties, now we are seeing homes staying on the market longer and going through a series of price reductions. Denver Country Club has seen eleven home sales over the past year with prices up to $2.5 Million. The graphs below will give you an idea of what is happening with Denver Country Club homes for sale over the past 12 months. The first graph shows the average days on market, the second graphs shows the average sales price, the third graph shows the number of active listings and the fourth graph shows the number of sales. If you’d like to learn more about the market and find out how much your home could sell for in our current market, contact a Denver Country Club Realtor® or call 720-408-7409.

Denver Country Cluyb Average Days on Market Denver Country Club Average Sales Price Denver Country Club Number of Active Listings Denver Country Club Number of Sales

Observatory Park Homes For Sale Market Trends Report

December 2018

Observatory Park Homes for Sale

The real estate market for Observatory Park homes for sale is changing as of the end of 2018. I’m sure you’ve heard from friends and family how the past couple of years of been a sizzling hot sellers market but that is changing. The days of multiple offers and bidding wars driving up prices over asking price are gone. We are now seeing homes go through multiple price reductions after being on the market for quite some time. If you are a seller, these new market conditions mean that you need to price more aggressively from the start of your listing and have your home in great shape to move your home to the top of buyers lists. If you are a buyer, it means that you have more time to make a decision and can often get a better deal on the purchase of a home. The graphs below show the market trends for Observatory Park homes for sale over the past twelve months. Graph one shows the average days on market, graph two shows the average sales price, graph three shows the number of active listings and graph four shows the number of homes sold. To learn more about the Observatory Park real estate market or to find out how much your home could sell for in today’s market, contact an Observatory Park Realtor® or call 720-408-7409.

Observatory Park Average Days on Market Observatory Park Average Sales Price Observatory Park Number of Active Listings Observatory Park Number of Sales

Bonnie Brae Real Estate Market Trends Report

Updated December 2018

Bonnie Brae Homes for Sale

The real estate market for Bonnie Brae homes for sale is changing just as the rest of the Denver area market is in transition. We are going from the very strong sellers market we have had for the past few years to a more balanced market. You can see in the third graph below that there are currently 11 homes for sale in Bonnie Brae and in the fourth graph that there were 4 homes sold in November. This equates to a 2 and 3/4 months of inventory which is still a sellers market, just not as strong as in the recent past. What does this mean for buyers? It means that buyers will typically have a little more time to decide on a home without worrying that it will go under contract the first weekend on market. It also means that buyers may be able to get a better deal on a home right now. What does this mean if you want to sell your Bonnie Brae home? It means that you need to price your home correctly from the start of the listing and have your home in show condition from the start. One way that we can help you to price your home at a price where you will get more interested buyers is for you to take advantage of our 1% listing commission and price your home a little lower with some of the savings in commission. For example, at the November 2018 average sales price around $1M, you could save around $22,000 or more compared to a traditional agent. How much more buyer interest do you think your home would get if you were to price your home $20,000 under the current market value? Our 1% listing commission is for a full-service listing with more advertising and marketing that you will get with almost any other agent. To learn more, visit SellAHomeForOnePercent.com, contact a Bonnie Brae Realtor®, or call 720-408-7409.

Bonnie Brae Average Days on Market Bonnie Brae Average Sales Price Bonnie Brae Number of Homes for Sale Bonnie Brae Number of Homes Sold

Cherry Creek Country Club Real Estate Market Trends Report

Updated December 2018

Cherry Creek Country Club Homes for Sale

The Cherry Creek Country Club real estate market is transitioning. As you can see in the second graph below, the current months of inventory is six months. This means that the market is a balanced to a buyers market. Inventory over six months is considered a buyers market. This means that now could be a great time to shop for a home in Cherry Creek Country Club. You are likely to get a better deal on a home than you could have in the recent past. The best way to insure you get a good deal on a Cherry Creek Country Club home for sale is to contact us and ask how we guarantee that you will save at least $5,000. Call 720-408-7409 or contact a Cherry Creek Country Club Realtor®.

If you own a home in Cherry Creek Country Club and would like to sell, ask us about our full-service 1% listing commission. We can save you tens of thousands of dollars on commissions that you can use for a lower asking price when selling your home. How many more buyers do you think would be interested in your home if it were priced $20,000 to $30,000 below the competition of similar homes for sale in Cherry Creek Country Club? Our listings include all the features you need to get your home sold including staging recommendations, professional photography, a marketing website built specifically for your home, online advertising, and much more. To learn how our 1% listing commission can help you get your home sold fast and net you the most amount of money, contact a Cherry Creek Country Club Realtor®, call 720-408-7409, or visit SellAHomeForOnePercent.com.

Cherry Creek Country Club Average Sold Price Cherry Creek Country Club Months of Inventory Cherry Creek Country Club Number of Homes Sold Cherry Creek Country Club Number of Homes for Sale

Backcountry Highlands Ranch Real Estate Market Trends Report

Updated December 2018

Backcountry Homes for Sale

The real estate market for Backcountry homes for sale is in transition as is the rest of the Colorado front range market. The third graph below shows the months of inventory of homes for sale is currently 15 months. Anything over six moths is considered a buyers market. The fourth graph shows that the number of homes currently for sale in Backcountry Highlands Ranch is fifteen homes. These real estate market statistics mean that buyers of Backcountry homes for sale have the advantage over sellers and can likely get a better deal on a home than they could have in the recent past. Call 720-408-7409 to learn how we guarantee that you will save at least $5,000 on the Backcountry home you purchase.

For sellers of Backcountry homes, it means that you need to price your home competitively by taking advantage of our full-service 1% listing commission. You can then use some of the money you will save on commissions to list your home at a more competitive price. Do you think you would get more buyer interest if your home were priced $20,000 to $30,000 less than your neighbors home? We are almost certain your home would be more popular with buyers at this lower price. Our 1% commission listings are full-service and offer a higher level of advertising and marketing than almost any other traditional realtor you may be considering. Learn more by calling 720-408-7409, contacting a Backcountry Realtor®, or vising SellAHomeForOnePercent.com.

Backcountry Average Days on Market Backcountry Median Sold Price Backcountry Months of Inventory Backcountry Number of Homes For Sale Backcountry Number of Homes Sold

Pradera Real Estate Market Trends Report

Updated December 2018

Pradera Homes For Sale

The real estate market for Pradera homes for sale has seen good price appreciation over the past couple of years. The market is starting to transition from a strong sellers market to more of a balance to buyers market. The third graph shows the months of inventory is currently six months. This is an indication that buyers are beginning to be in a stronger position than they have been in a while. Buyers have more leverage and can often times get a better deal on a home than they could have recently. To get started on your Pradera home search, call 720-408-7409 or contact a Pradera Realtor®.

Pradera home owners who want to sell soon need to adjust to these current market conditions. One of the most important things for a seller to do is to price your home competitively from the beginning. We can help you do this through our pinpoint pricing technology to help you determine the “right price”. We can also help you save money on commission compared to a traditional realtor. We charge 1% commission for all of our listings. This is for a full-service listing with more advertising and marketing that traditional realtors. We encourage our sellers to apply a portion of this commission savings to price your home lower than your neighbors home. How many more buyers do you think you’d get if your home could be priced $20,000 to $30,000 less and you’d still net the same amount? Find out how we can save you money and market your home to more buyers by visiting SellAHomeForOnePercent.com, contact a Pradera Realtor®, or call 720-408-7409.

Pradera Average Days on Market Pradera Average Sold Price Pradera Months of Inventory Pradera Number of Homes For Sale Pradera Number of Homes Sold

The Timbers at The Pinery Real Estate Market Trends Report

Updated December 2018

Timbers at the Pinery

The Timbers at The Pinery real estate market has transitioned from a sellers market to a buyers market. Last summer, Timbers at The Pinery homes were selling quickly, around 20 days on market on average. Now homes are taking longer than four months to sell on average. There are currently 13 months of inventory of homes for sale. Anything over six months is considered a buyers market. This could be a great time to get a good deal on the purchase of a home in The Timbers at The Pinery. To help insure you get a good deal, contact a Timbers at The Pinery Realtor® or call 720-408-7409. We guarantee that you will save at least $5,000 on the home you purchase.

To sell a home in our current real estate market conditions, you need a Timbers at The Pinery Realtor® who understands the market and can give you a big advantage in this market. We only charge 1% commission plus a buyer’s agent commission for all our listings. This can save you $20,000 to $30,000 in commission compared to a traditional agent. This can allow you to price your home below the competition and attract more buyers. All our listings are full-service with precision pricing, staging recommendations, professional photography, a website to market your specific home, online advertising including on Facebook, and much more. To learn more about how we can help you sell your home for 1%, call 720=408-7409, contact a Timbers at The Pinery Realtor®, or visit SellAHomeForOnePercent.com.

Timbers Average Sold Price Timbers Months of Inventory Timbers Number of Homes for Sale Timbers Number of Homes Sold Timbers Average Days on Market

Solterra Real Estate Market Trends Report

Updated December 2018

Solterra Homes for Sale

The Solterra real estate market is fairly stable. Solterra homes for sale are taking about two months to sell and there is less than six months of inventory. Anything less than six months is defined as a sellers market. However, the larger metro Denver real estate market is transitioning from the very strong sellers market we’ve seen over the past couple of years to a more balanced market and even a buyers market in certain neighborhoods. Home buyers are getting better deals on homes that they purchase. If you’re looking to buy a home in Solterra, we guarantee that you’ll save at least $5,000 on the home you buy. Call 720-408-7409 or contact a Solterra Realtor®.

If you want to sell your Solterra home in our changing real estate market, you need every advantage you can get to sell your home quickly and net the most money. We can help you with our 1% listing commission. You can save tens of thousands of dollars compared to a traditional agent. If you use a portion of this commission savings for a lower asking price, it can greatly increase the number of buyers interested in your home. Do you think it would help if you could price your home $20,000 less than your neighbors home? We know it would make a big difference. All of our listings are full-service and offer more marketing and advertising than traditional realtors and include precision pricing, staging recommendations, professional photography, a website for your home, extensive online advertising and more. Contact a Solterra Realtor®, call 720-408-7409 or visit SellAHomeForOnePercent.com to learn more about our 1% listing commission.

Solterra Average Days on Market Solterra Months of Inventory Solterra Number of Homes Sold Solterra Number of Homes for Sale

Skyestone Homes For Sale

Legacy Ridge Homes For Sale Market Trends Report

December 2018

Westminster CO Legacy Ridge Homes for Sale

The real estate market for Legacy Ridge in Westminster, Colorado is changing. Gone are the days of bidding wars and multiple offers. Instead, we are seeing more homes staying on the market longer and going through multiple price reductions. We are going from a strong sellers market to a more balanced market. What will 2019 bring? We can’t know for certain but with rising interest rates it seems likely that we will continue to see a softening of the market for Legacy Ridge homes for sale. The graphs below will give you an idea of the general real estate market trends for Legacy Ridge over the past 12 months. The first graph shows the average days on market, the second graph shows the median sales price, the third graph shows the number of active listings and the fourth graph shows the number of homes sold. To learn more about the Legacy Ridge market or to find out what your home could sell for, contact a Legacy Ridge Realtor® or call 720-408-7409. There’s never an obligation or high-pressure sales.

Legacy Ridge Average Days on Market Legacy Ridge Median Sales Price Legacy Ridge Number of Home Sales Legacy Ridge Number of Active Listings

Ravenna Real Estate Market Trends Report

Updated December 2018

Ravenna Homes for Sale

The Ravenna real estate market is selling more than a few years ago. The graphs below show the current real estate market conditions in Ravenna Golf Club. The first graph shows the number of home sales by month for 2018. The second graph shows how this compares to the past five years. Although the number of homes sold is down a little from 2017, sales are still strong compared to a couple of years ago. The third graph shows that some homes are still not selling during their listing period and their listings are expiring. The fourth graph shows the dollar volume of home sales in Ravenna for 2018 by month. The total dollar volume of homes sold was $19.5 Million Dollars. If you’re thinking about buying a home in Ravenna, contact us to learn about our guarantee that we’ll save you at least $5,000. Contact a Ravenna Realtor® or call 720-408-7409.

If you’re thinking about selling your home in Ravenna in 2019 and want to help increase the chances of your home selling instead of expiring during the listing period, call us first. We can help you get an advantage over competing home listings including the new construction competition. We charge only a 1% listing agent commission for all of our listings plus a buyer’s agent commission of 2.5 to 2.8% for a total of 3.5 to 3.8% commission. You could save $20,000, $30,000 or more compared to a traditional Realtor. We recommend that you consider using this savings for a lower listing price. Do you think it would make a difference if you could price your home $30,000 or more less than your neighbor’s home? We know that it does make a big difference in the number of buyers we can attract to your home. Our listings are all full-service with more marketing and advertising than traditional agents charging two or three times more commission. We include a precision pricing consultation, staging recommendations, professional photography, a website built just to market your home, extensive online advertising and more to get your home sold quickly for the highest price possible. To learn more about our 1% listing commission, call 720-408-7409, contact a Ravenna Realtor®, or visit SellAHomeForOnePercent.com.

Ravenna Number of Home Sales

Ravenna Number of Homes Sales 2013 to 2018

Ravenna Number of Expired Listings

Ravenna Total Home Sales Dollar Volume

Riva Chase Real Estate Market Trends Report

Updated December 2018

Riva Chase Homes for Sale

The Riva Chase real estate market is slowing down compared to the last couple of years. However, the average sales price is up. The graphs below will give you an idea of the current Riva Chase real estate market conditions and Riva Chase homes for sale. The first graphs shows the average sold price over the past five years. Prices are up and the average is approaching $1 Million Dollars. The second graph shows the number of home sales in Riva Chase over the past five years. 2018 saw a lower number of homes sold than any year in the past five years. The third graph shows the number of expired listings, six home listings did not sell in 2018 during their listing period. The fourth graph is possibly the most surprising, it shows that the original list price to sold price ratio was 85% in 2018. This is much lower than previous years. This means that on average, a home listed for sale in 2018 sold for 85% of it’s original list price.

If you think you may sell your Riva Chase home in 2019, you need a Riva Chase Realtor® who understands what is happening in the market, will provide the best marketing and advertising possible, and can help you price your Riva Chase home so that it will sell. All of our listings are full-service and include more marketing and advertising including online advertising than you will get with almost any other Realtor® you may be considering. We can also help you to price your home $20,000 to $30,000 less than your neighbors home and still net the same amount of money at closing. We do this by offering all of our sellers our 1% listing commission plus 2.5% to 2.8% for a buyers agent. This means you will only pay a total of 3.5% to 3.8% in commission. This is much lower than most Realtors® and can save you tens of thousands of dollars on the sell of your Riva Chase home. Most of our sellers use this savings to give their home a big marketing advantage by listing their home at a lower price than the competition. To learn more, visit SellAHomeForOnePercent.com, call 720-408-7409, or contact a Riva Chase Realtor® who understands the Riva Chase real estate market.

Riva Chase Average Sales Price

Riva Chase Number of Homes Sold

Riva Chase Number of Expired Listings
Riva Chase Original List Price to Sold Price Ratio

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