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Dustin Griffith - Todd Creek - Market Report June 2019

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10111 Inverness Main Street, Suite P. Englewood CO 80112

303.726.0410

REAL ESTATE MARKET REPORT JUNE 2019

TODD CREEK

Dustin@GriffithHomeTeam.com www.GriffithHomeTeam.com

DUSTIN GRIFFITH | REALTOR® | NEIGHBOR

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019

Visit www.ToddCreekLiving.com for current market activity, community information, and more.

IMPORTANT TODD CREEK REAL ESTATE TRENDS AT YOUR FINGERTIPS! PROVIDING LOCAL, ACCURATE & PERSONALIZED SERVICE

THIS IS YOUR TRUSTED RESOURCE: • Get a monthly wealth snapshot of your home • Understand when to refinance • Purchasing power for second home or trade up • Understand your mortgage - interest vs. principal

www.ToddCreekHomeValues.com

www.ToddCreekHomeValues.com Homeowners,

When you are ready to list your home, this information and my local expertise will ensure we can maximize the sale value of your home. Call me today at 303.726.0410.

Prepared Especially for

Todd Creek Homeowners PRESENTED BY

Dustin Griffith

Your Todd Creek Neighbor and Real Estate Specialist


MARKET REPORT

DUSTIN GRIFFITH REALTOR® | NEIGHBOR

Homeowners, If you would like an accurate assessment of what your home would go for in today’s real estate market, please call me at 303.726.0410.

303.726.0410 Dustin@GriffithHomeTeam.com www.GriffithHomeTeam.com

Visit www.ToddCreekLiving.com for current market activity, community information, and more.

MARKET UPDATE MAY 2019 Homeowner,

Metro Denver Home Market is improving as buyers are out in full force, and we are seeing more first time home buyers. Sellers need to be priced right from the very beginning and make sure the home is move-in ready. As a buyer or seller, know what is happening in the home market. Metro Denver continues to be a top home market.

AVERAGE SOLD PRICE APRIL 2019

$543,657

CONDOS

+3.02%

CONDO 1 YR

AVERAGE SALES PRICE

(HOUSES & CONDOS • MARCH 2019 )

+1.28%

SINGLE FAMILY 1 YR

AVG DAYS ON MARKET APRIL 2019

34 DAYS

2018: 26 DAYS

UP 0.77%

UP 3.46%

AVERAGE SOLD PRICE (YEAR TO DATE)

$487,834

LAST YEAR: $480,947

MEDIAN SALES PRICE APRIL 2019 HOUSES

57 DAYS

CONDOS

2018: 4,686

2018: $350,601

UP 1.39%

HOUSES

4,722

$362,739

2018: $536,199 HOUSES

TOTAL # SOLD (HOUSES AND CONDOS) APRIL 2019

$445,000 2018: $452,000

4,295

CONDOS

2018: $292,000

2018: 3,365

1,966

$300,000

2018: 49 DAYS

CONDOS

STATUS Active Active Active Active Active Active Active Active Active Active Active Active Active

STREET NAME Elmira Street E 157th Place E 159th Avenue Lola Street E 155th Place Emporia Street E 162nd Place Ehler Parkway E 162nd Place E 145th Avenue E 145th Avenue E 147th Place E 151st Place

2018: 1,197

Source: REcolorado.com — May 5th, 2019 The above representation for Single Family and Condos includes real estate activity in the counties of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson. Data deemed accurate but not guaranteed.

BEDS 3 5 4 3 4 3 3 4 4 6 5 5 5

BATHS 2 3 4 3 3 3 3 4 3 5 4 5 7

EST. SQ. FT.* 2,500 2,700 2,500 4,100 3,200 5,100 3,000 4,700 3,600 4,400 5,300 5,600 7,400

LIST PRICE $430,000 $468,045 $615,000 $630,000 $635,000 $674,900 $696,353 $699,900 $720,625 $775,000 $849,000 $899,000 $1,125,000

YEAR BUILT 1969 2019 1997 2004 1999 2005 2019 2003 2019 2013 2004 2005 2002

EST. SQ. FT.* 3,600 2,400 4,800 3,800 3,300 4,600 6,000 5,200 3,900

LIST PRICE $635,000 $485,000 $725,000 $599,900 $675,000 $735,000 $679,900 $895,000 $650,000

YEAR BUILT 2014 1971 2000 1997 1997 2004 2018 2005 1999

HOMES RECENTLY UNDER CONTRACT STATUS Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract

STREET NAME E 161st Avenue E 159th Place Clinton Street Akron Street Havana Way E 146th Place E 154th Court E 145th Avenue Ironton Street

BEDS 5 4 4 3 4 3 3 3 5

BATHS 4 3 3 3 4 3 3 5 4

HOMES SOLD Since May 1st, 2019 STATUS STREET ADDRESS

ACTIVE INVENTORY APRIL 2019

HOUSES

HOMES CURRENTLY LISTED

Sold Sold Sold Sold Sold Sold Sold Sold

9249 E 152nd Avenue 10811 E 159th Place 15110 Boston Court 15730 Dallas Street 11640 E 163rd Court 14680 Uinta Street 10205 E 146th Place 16197 Paris Way

BEDS

BATHS

5 3 5 4 3 5 4 4

5 2 4 4 3 4 4 3

EST. SQ. FT.* LIST PRICE SOLD PRICE SOLD DATE YEAR BUILT 3,500 2,700 4,800 2,900 2,700 3,200 4,400 3,500

$650,000 $549,000 $748,000 $534,900 $549,900 $635,000 $849,900 $634,900

$640,000 $545,000 $760,000 $520,000 $549,500 $620,000 $835,000 $634,900

05/28/19 05/24/19 05/24/19 05/10/19 05/08/19 05/01/19 05/01/19 04/05/19

2000 1995 2000 1997 2016 2003 2015 2019

Dustin Griffith and Griffith Home Team and RE/MAX PROFESSIONALS are not in any way affiliated with Todd Creek Home Owners Association, nor is this in any way an official advertisement or publication of Todd Creek. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between May 1st, 2019 and May 29th, 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 to the nearest hundred.


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