arvada CO Homes $200-250,000 January 2012

What this report tells you: While homes sold in Arvada last month in the $200-250,000 price range show a slight increase in days on market, the percentage of sales that were short sales or foreclosures is the lowest it's been in three years. The inventory is pretty high - 60 Arvada homes for sale with only 10 sold last month - but 30 under contract is encouraging.

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

The following information was obtained from Metrolist on February 15, 2012. This report includes only detached single family Arvada homes sold or listed between $200,000 and $250,000. 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 60 Arvada homes for sale and 30 under contract in this price range.

Of those that are for sale, 8 are foreclosures and 9 are short sales. 28% of Arvada homes for sale today between $200 and $250,000 are distressed sales.

If you would like any more details or to see any of these Arvada homes for sale, please contact me asap.

Of the Arvada homes currently under contract, 2 are short sales and 6 are foreclosures. That's a 27% rate of distressed sales.

• 10 Arvada homes sold in January 2012 between $200,000 and $250,000. 65 median days on market. 3 Arvada homes sold as a foreclosure, 0 were short sales. So in this price range 30% of Arvada homes were distressed sales in January of 2012.

Arvada homes that sold between $200,000 and $250,000 in January 2012 were found in the following neighborhoods:

Lake Arbor (Click to read neighborhood report)

North Arvada Park * Westdale * Lamar Heights

Club Crest * Huntington Heights * Woodland Valley

Ralston Park * Ralston Valley * Maplewood

• 2011 saw 12 Arvada homes sell during January between $200,000 and $250,000. 56 median days on market. 7 Arvada home sold as a foreclosure, none as a short sale. That means 58% were distressed sales.
• 2010 saw 8 Arvada homes sell during January between $200,000 and $250,000. 90 median days on market. 3 Arvada homes sold as a foreclosure, none were short sales. A 38% rate of distressed Arvada home sales in January of 2010.

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.

Gardeners – please visit my blog about high plains gardening, Beauty of Gardening.

Copyright © 2012 Joetta Fort, Broker Associate, Equity Colorado