KIM KRONENBERGER
The Kronenberger Team MA, CRS, GRI, CLHMS, ABR, SFR, CNE Broker Associate
1745 Shea Center Drive, Suite 100 | Highlands Ranch, CO 80129 Each office independently owned and operated.
PROFESSIONALS
JUNE 2020 REAL ESTATE MARKET REPORT
303.809.4390 Kim@TheKronenbergerTeam.com Info@TheKronenbergerTeam.com www.DiscoverBackCountry.com
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BACKCOUNTRY www.DiscoverBackCountry.com
in Highlands Ranch and Highlands Ranch Luxury Properties (over $500K)
Visit www.DiscoverBackCountry.com to find out your home’s TRUE value!
THE SELLING FRENZY IS COMING NOW IS THE TIME TO GET YOUR HOME READY TO SELL! MARKET FACTORS Prior to COVID-19, the housing market showed signs of a hot spring season. The pre-pandemic market strength gives many experts hope that losses are temporary. The comeback is expected to be quick. With historically low interest rates, home buyers and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.
RESILIENCE During four of the last five recessions, home prices continued to increase. The only exception was in 2008; however, this was triggered by real estate itself. While the housing crisis is still fresh on our minds, the U.S. housing market has weathered all other recessions since 1980. Traditionally, the housing market actually aids the economy in recovering from recessions.
ALWAYS ESSENTIAL What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live. After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.
Jonathan and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late it’s important to stand out. Call me to help get your home ready; it’s what I do best! 303.809.4390
PRESENTED BY
KIM KRONENBERGER PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS
KIM KRONENBERGER The Kronenberger Team MA, CRS, GRI, CLHMS ABR, SFR, CNE Broker Associate
Educating, Negotiating, and Advocating for Sellers and Buyers Across the Denver Market
BACKCOUNTRY MARKET REPORT
•# 1 Partnership - South Metro Denver Realtor Association 2018 and 2019
303.809.4390 Kim@TheKronenbergerTeam.com Info@TheKronenbergerTeam.com www.DiscoverBackCountry.com
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•R anked in the TOP 1,000 AGENTS in the US by REAL TRENDS, Inc.
HOMES FOR SALE
•T op 50 Realtors in the Denver Metro Area by the Denver Business Journal •N amed by Trulia and Zillow as a Denver Top Agent for Customer Satisfaction
7 HOMES PENDING
Address
Active Active Active
650 Meadowleaf Lane
Active*
550 Moonmist Court
Active
10414 Maplebrook Way
Active
10476 Skyreach Road
Active
10646 Sundial Rim Road
6
THE MARKET IS CHANGING.
Active
10560 Soulmark Way
Active
10626 Greycliffe Drive
Active
10687 Featherwalk Way
3
HAS YOUR HOME VALUE CHANGED AS WELL?
Active
289 Featherwalk Court
3
Active
10687 Greycliffe Drive
Active
10675 Greycliffe Drive
Active Active
• 5280 – 5-Star Realtor®
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in Highlands Ranch & Highlands Ranch Luxury Properties (over $500K)
FIND OUT TODAY! Jonathan and Angela-Marie, Visit me online for a FREE, no-obligation home assessment and learn about the value of your home in today’s market!
WWW. DISCOVERBACKCOUNTRY.COM
SOLD!
JUST SOLD BY KIM KRONENBERGER
10463 MEADOWLEAF WAY 4 Bedrooms | 4 Bathrooms 3,655 Est. Sq. Ft.
HOMES SOLD
HOMES CURRENTLY LISTED IN BACKCOUNTRY Status
Connect with me on
6
Bedrooms
Total Baths
Above Ground Square Feet
List Price
10435 Startrail Court
4
4
2,178
$729,000
507 Red Thistle Drive
4
4
NA
$823,057
4
4
2,822
$849,000
4
4
3,142
$850,000
4
4
2,592
$865,000
5
5
3,346
$925,000
5
3,035
$925,000
6
4
2,604
$950,000
5
5
3,416
$969,900
3
2,215
$985,000
3
2,222
$998,000
5
5
3,406
$999,000
6
6
3,558
$999,000
10746 Greycliffe Drive
5
5
3,406
$999,999
522 Pine Flower Court
4
4
3,363
$1,050,000
Active
10821 Timberdash Avenue
4
4
2,869
$1,075,000
Active
10836 Manorstone Drive
5
4
3,550
$1,125,000
Active
10554 Greycliffe Drive
5
5
3,265
$1,150,000
Active
10710 Manorstone Drive
6
5
3,582
$1,150,000
Active
10577 Skyreach Road
5
4
2,416
$1,150,000
Active
10679 Manorstone Drive
6
6
4,064
$1,175,000
Active
620 Hiddenbrook Court
4
4
2,563
$1,200,000
Active
10795 Timberdash Avenue
5
5
2,869
$1,200,000
Active
10599 Sundial Rim Road
5
5
2,999
$1,200,000
Active
10695 Timberdash Avenue
4
5
2,869
$1,249,000
Active
10474 Marigold Court
5
6
4,000
$1,249,500
Active
782 Braesheather Place
6
6
4,824
$1,525,000
Active
603 Emberglow Lane
5
6
5,628
$2,849,000
HOMES RECENTLY SOLD IN BACKCOUNTRY Status Address
Bedrooms
Total Baths
Above Ground Square Feet
Sold Price
Sold Date
DOM
4
2,472
$620,000
05/08/20
87
Sold*
10463 Meadowleaf Way
4
Sold
10716 Backcountry Drive
4
6
4,551
$1,130,000
05/05/20
58
Sold
10577 Summersong Way
4
5
2,880
$1,010,000
04/24/20
44
Sold
749 Emberglow Lane
4
7
3,649
$2,986,405
04/15/20
0
Sold
611 Sweetberry Place
3
4
2,161
$850,000
04/14/20
45
Sold
216 Basilwood Way
NA
NA
2,505
$1,117,500
04/13/20
0
*Listed and/or Sold by Kim Kronenberger Kim Kronenberger, The Kronenberger Team, RE/MAX Professionals, and The RE/MAX Collection are not in any way affiliated with BackCountry Home Owners Association, nor is this in any way an official advertisement or publication of BackCountry. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS between April 12th, 2020 and May 12th, 2020. Listings and sales may not be those of RE/MAX Professionals or The RE/MAX Collection. The REColorado MLS 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.