CHRIS COOKE
STANDARD
W E AT H E R S T O N E
Broker
303.667.1964
CCooke5280@gmail.com www.HomesInWeatherstone.com
• OCTOBER 2020 REAL ESTATE MARKET REPORT •
RE/MAX Professionals 1745 Shea Center Drive, Suite 100 Highlands Ranch, CO 80126
HomesInWeatherstone.com
Each Office Independently Owned and Operated. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020
Real Estate Records Shattered NOW IS THE TIME TO SELL!
The U.S. Median Home Price Jumped 8.5%, Breaking $300,000 for the First Time
NEW RECORD!
NEW RECORD!
NEW RECORD!
NEW RECORD!
22
NEW RECORD!
8.5%
2.88% Interest Rate
Months of Inventory
Days on Market
First-Time Buyers
$304,100, the first time breaking the $300,000 threshold.
The eighth drop in 2020 and the lowest in 5 decades.
Unsold inventory was 4.2 months in July 2019.
29 days in July 2019. 68% were sold in less than 30 days.
First-Time home buyers made up 32% a year ago.
Median Price Increase
3.1
34%
P R E PA R E D E S P E C I A L LY F O R “The housing market is well past the recovery phase and is now booming with higher home sales
Jim and Nancy Smith
compared to the pre-pandemic days. With the sizable shift in remote work, current homeowners are looking for larger homes, and this will lead to a secondary level of demand even into 2021.” —Lawrence Yun, Chief Economist, NAR Jim and Nancy, This is the perfect time to take advantage of improved market conditions and upgrade to your next dream home. Call me today to discuss the value of your home and your options at 303.667.1964.
P R E S E N T E D BY CHRIS COOKE
Your Weatherstone Real Estate Specialist
CHRIS COOKE
No One in the World Sells More Real Estate than RE/MAX!
Broker RE/MAX Professionals
303.667.1964
Connect with me on:
CCooke5280@gmail.com www.HomesInWeatherstone.com
W E AT H E R S T O N E M A R K E T R E P O R T
Visit www.HomesInWeatherstone.com for community info, current listings, and recent sales. Active
Cu r r e n t Ac ti v i t y i n Wea t hers t one
Under Contract
Sold
Jim and Nancy,
If you are looking to sell your home this year, contact me today at 303.667.1964 or visit the site below to work with me to create a safe and effective plan that works for you and your family.
www.HomesInWeatherstone.com
There are No Homes Currently Listed in Weatherstone
Ho m es C urrently Under C o ntract i n Wea thers tone Status
Street Name
Under Contract
Shadowstone Drive
Beds
Baths
**Total Square Feet
List Price
5
5
3,000
$812,000
Ho m es S o l d i n the Last 1 2 Mo nths i n Wea thers tone Š2020 Google
A visual representation of the MLS data on the right page.
Year-to-Date Sales Trends | Weatherstone
Homes Sold
$2M
10
5
5 0
$1M $500K $0
2019
2020
Average Price Per SqFt $310
$320
$1,150,000
11
$765,000
15
Median Sold Price
2019
2020
$300 $280 $260
$261
$240 $220
2019
Data from the REColorado MLS from January 1st through September 24th, 2019 and 2020. Deemed accurate but not guaranteed.
2020
Status
Address
Beds
Baths
**Total Square Feet
List Price
Sold Price
Sold Date
Sold
1506 Meyerwood Lane
5
5
3,300
$1,175,000
$1,175,000
08/26/20
Sold*
1438 Brettonwood Way
5
5
3,400
$1,100,000
$1,150,000
07/31/20
Sold*
10605 Ridgecrest Circle
5
7
3,700
$1,350,000
$1,335,000
06/22/20
Sold
762 Shadowstone Drive
5
5
3,000
$775,000
$775,000
04/24/20
Sold*
885 Countrybriar Lane
5
4
3,100
$735,000
$735,000
01/03/20
Sold*
1349 Meyerwood Circle
5
5
3,600
$1,225,000
$1,200,000
11/22/19
Sold*
10531 Weathersfield Way
4
4
3,200
$799,900
$784,000
11/12/19
Sold*
730 Countrybriar Lane
5
5
3,300
$925,000
$907,500
10/28/19
Sold* Sold*
1113 Southbury Place 1076 Southbury Court
4 5
4 5
3,100 3,600
$664,900 $775,000
$659,500 $755,000
10/04/19 10/03/19
Chris Cooke, RE/MAX Professionals, and The RE/MAX Collection are not in any way affiliated with any Weatherstone Owners Association, nor is this in any way an official advertisement or publication of Weatherstone. Š2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS as of September 24th, 2020. Listings and sales may not be those of RE/MAX Professionals. The REColorado MLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Asterisked (*) properties were listed and/or sold by other brokerages. **Estimated square feet rounded to nearest hundred.