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Township at Dakota - May 2019

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RE/MAX Professionals 10111 Inverness Main Street, Suite P, Englewood, CO, 80112

DANIEL M. HILTY

TOWNSHIP AT DAKOTA DANIEL M. HILTY

REALTOR®, MCNE, NAR, DMAR Direct (720) 256-4703 Office (303) 799-9898 Daniel@DMHHomes.com TownshipAtDakotaLifestyle.com

Making Your Denver Lifestyle a Reality TownshipAtDakotaLifestyle.com

www.TownshipAtDakotaLifestyle.com

THAT R STANDS FOR REALTOR A R E A L A DVO C AT E F O R T O W N S H I P AT DA K O TA A N D A R E A L T R U S T E D P R O F E S S I O N A L W H O I S J U S T A S C O M M I T T E D T O T H E I R N E I G H B O R H O O D A S YO U A R E.

RE/MAX Professionals Real Estate Market Report | May 2019 PREPARED ESPECIALLY FOR Johnathan and Angela-Marie Williams IN THIS ISSUE The Market is Normalizing | Market Report Update

JOHNATHAN AND ANGELA-MARIE, When you choose to work with a Realtor® rather than listing on your own, you can feel secure that your home will be listed and sold following

TOWNSHIP AT DAKOTA (720) 256-4703 www.TownshipAtDakotaLifestyle.com

a Code of Ethics dating back to 1913. This ethical standard paired with

@DanielMHilty

my commitment to upholding home values in Township at Dakota will

@DanielDMHomes

make for a profitable home sale!

@DanielHilty


SUCCESSFUL RESULTS

with

REAL ESTATE MARKET REPORT

SUCCESSFUL MARKETING • Aerial Drone Photography • Interior/Exterior Photography • Google Earth Location Video • Virtual Home Tour • Print Publications

DANIEL M. HILTY REALTOR®, MCNE, NAR, DMAR Direct (720) 256-4703 Office (303) 799-9898 Daniel@DMHHomes.com TownshipAtDakotaLifestyle.com

TOWNSHIP AT DAKOTA

www.TownshipAtDakotaLifestyle.com

Johnathan and Angela-Marie,

HOUSING MARKET IS

With one active home on the market, the demand for your community is high. If you are thinking of making a move to your next dream home, contact me today at (720) 256-4703.

NORMALIZING IN 2019 HISTORIC RATES

30-YEAR FIXED INTEREST RATES 5.3

The real estate market is projected to have a GREAT year in 2019! Interest rates will rise as price appreciation starts to slow to more normal levels.

1970 8.86%

5.2 4.9 Q1

Sales of new and existing homes will climb as more inventory comes to the market!

5.0

Q3

2000 6.29% Even with rates rising, you can still secure a lower rate than your parents or grandparents did!

6.24

HOME SALES

2018 2019

in millions

6.08

According to CoreLogic’s Home Price Index

 4.8%

STREET NAME

Active

S Nelson Street D

BEDS

BATHS

EST. SQ. FT.*

LIST PRICE

HOME TYPE

3

4

2,000

$399,000

Attached Single Family

LIST PRICE

HOME TYPE

HOMES UNDER CONTRACT

1990 8.12%

2019

Home Prices in 2019 will appreciate by:

STATUS

1980 12.7%

Q4

Q2

HOME PRICES

HOMES RECENTLY LISTED

6.02

6.04

6.07 6.00

6.00 5.96

year-over-year

STATUS

STREET NAME

BEDS

BATHS

EST. SQ. FT.*

Under Contract Under Contract

W Dumbarton Circle C

3

4

1,700

$373,500

Attached Single Family

W Dumbarton Circle

2

2

2,400

$382,000

Detached Single Family

HOMES SOLD IN THE LAST 10 MONTHS STATUS ADDRESS Sold Sold Sold Sold Sold Sold Sold Sold

BEDS BATHS EST. SQ. FT. LIST PRICE SOLD PRICE SOLD DATE

4985 S Newcombe Court 5048 S Nelson Street B 5046 S Nelson Street A 4997 S Nelson Street A 4924 S Newcombe Court 5006 S Nelson Street A 5028 S Nelson Street B 5097 S Oak Court

3 4 3 2 2 4 4 3

3 4 3 2 2 4 4 3

2,498 2,326 2,416 2,416 2,756 2,537 2,298 2,351

$420,000 $425,000 $395,000 $389,000 $391,500 $409,000 $389,900 $400,000

$415,000 $420,000 $400,000 $395,000 $395,000 $419,000 $391,000 $400,000

HOME TYPE

03/25/19 Detached Single Family 02/20/19 Attached Single Family 11/30/18 Attached Single Family 11/08/18 Attached Single Family 09/21/18 Detached Single Family 09/17/18 Attached Single Family 08/31/18 Attached Single Family 07/31/18 Detached Single Family

DOM 4 3 12 5 4 2 25 12

Daniel M. Hilty, Daniel M. Hilty Realtor, and RE/MAX Professionals are not in any way affiliated with Township at Dakota Home Owners Association, nor is this in any way an official advertisement or publication of Township at Dakota. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between July 7th, 2018 and May 7th, 2019. Listings and sales may not be those of RE/MAX Professionals. The REColorado does not guarantee the accuracy of this data, which may not reflect all 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. *Estimated square feet rounded down to nearest hundred.

D O YO U K N O W YO U R H O M E ’ S T R U E VA LU E ?

*Historic normal home price appreciation is 3.6%

Freddie Mac

Fannie Mae

MBA

JOHNATHAN AND ANGELA-MARIE, Call me today to find out how the specific market trends in Township at Dakota could impact your home value! Source: Freddie Mac, Fannie Mae, MBA, CoreLogic & NAR https://www.keepingcurrentmatters.com/2018/12/28/where-is-the-housing-market-headed-in-2019-infographic/

NAR

JOHNATHAN AND ANGELA-MARIE,

Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Daniel Hilty, your Township at Dakota Specialist.

www.TownshipAtDakotaLifestyle.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018


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