About Adams County, CO

Thornton Colorado boasts many great communities. King Ranch, located just north of 120th off Quebec Street, was started by DR Horton in 2006. King Ranch features easy access to Thornton's extensive trail system leading to over 1,000 acres of public parks.

Over the past 3 years, King Ranch home sales have remained fairly strong. Most of the sales continue to involve buyers purchasing from the builder.

In the past 12 months:

• There were 17 homes sold in King Ranch. 15 of these were sold by the builder. 1 was a Bank Owned property.
• The average Days on Market was 110 Days.
• The average sold price was $302,307, or $125 per square foot.
• There are currently 9 homes listed for sale, 8 of which are sold by the builder.
• There were 4 closed sales in January.

These numbers have increased compared to 2010 data. In 2010, there were 15 King Ranch homes sold. While the average sold price was a little higher at $339,181, the average price per square foot was only $116. This means that buyers are opting for slightly less square footage on average.

Looking for a home in Thornton? Jennifer Prestwich can help you find a great home no matter what your price range! 720-341-5235

A Great Dunes Park Community Feature - the Pool!

The Dunes Park Real Estate Statistics are looking encouraging. With mortgage rates at a historic low, home buyers are shopping, and they are buying in Dunes Park.

Over the past 12 months, there have been 17 homes sold:

• There were 4 non-distressed sales (not bank owned or short sale). The average price of these was $193,438, or $98 per square foot. Average Days on Market was 15.
• There were 4 short sales. Average price for short sales was $176,903, or $92 per square foot. Average Days on Market for short sales was 172.
• There were 9 bank owned or HUD owned sales. Average sold price for these was $167,888, $86 per square foot. Average Days on Market was 47.

What this means is that home buyers will pay the most for clean, well-maintained homes. They are also jumping at the homes that don't have the added stress of being a short sale.

Buyers are also jumping on the "bargain" bank owned and HUD properties. These can come with the added responsibility of purchasing appliances, re-doing floors and walls or rebuilding decks, but with time and sweat equity will likely pay off on resale.

Wondering what the most likely sales price would be for your Dunes Park home? Want to view available homes in Dunes Park? Call me today: 720-341-5235

The stats for the last week of January/first week of February 2012 are encouraging. After a strong 4th quarter 2011, it is good to see our real estate market remaining steady.

There are 4 currently available extisting homes for sale:

• 9443 E 108th Ave. 3 Bedroom, 2 Bath, 1 Car Garage. 1392 square feet. $145,000. HUD.
• 10682 Dayton Way. 3 Bedroom, 2 Bath, 1 Car Garage. 1464 square feet. Finished basement. $152,000. Short sale.
• 9219 Longs Peak. 3 Bedroom, 3 Bath, 2 Car Garage, plus 1 space carport. 2447 square feet. Finished Carriage House apartment. $209,900. Bank Owned.
• 9281 E 107th Place. 5 Bedroom, 5 Bath, 2 Car Garage, plus 1 space carport. 2779 square feet. Finished Carriage House apartment. Finished basement. $239,900.

There are 3 homes Under Contract. There are 2 more homes Pending Contract. "Pending" is used when the buyer and seller have agreed, but they are awaiting bank approval.

Want to see available homes in Belle Creek? Call me today - the Belle Creek market has accelerated, and great homes are selling fast! 720-341-5235