Arvada CO Homes $250-300,000 January 2012

What this report tells you: In this price range, distressed sales are a much higher percentage in the 'sold' category compared to the 'for sale' and 'under contract' categories. There is good news in the number of Arvada homes that sold last month in this price range, but the percentage of distressed sales shows an uptick over the past three years. These distressed sales will keep home prices in check in this price category.

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 listed or sold between $250,000 and $300,000. 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 40 Arvada homes for sale and 14 under contract in this price range.

Of those that are for sale, none are foreclosures and 2 is a short sale. Only 5% 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, none are short sales and 2 are foreclosures. That's a 14% rate of distressed sales.

• 13 Arvada homes sold in January 2012 between $250,000 and $300,000. 67 median days on market. 3 homes sold as foreclosures, one as a short sale. So in this price range 31% of Arvada homes were distressed sales in January of 2012.

Arvada homes that sold between $250,000 and $300,000 in January 2012 were found in the following neighborhoods:

The Pond (Click to read this neighborhood report)

Westwoods Ranch (Click to read this neighborhood report)

Lake Arbor * Maple Ridge

Shadow Mountain * Club Crest

Overlook at Stanley Lake * Meadowglen

Ralston Valley * Ralston Estates

• 2011 saw only 4 Arvada homes sell during January between $250,000 and $300,000. 102 median days on market. None were foreclosures or short sales. 0% rate of distressed sales.
• 2010 saw 3 Arvada homes sell during January between $250,000 and $300,000. 13 median days on market. None were short sales or foreclosures. An 0% rate of distressed Arvada home sales in January of 2010.

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.

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Copyright © 2012 Joetta Fort, Broker, Equity Colorado