APRIL
2 021
1745 Shea Center Drive, Suite 100 Highlands Ranch, CO 80129 Each Office is Independently Owned and Operated.
LANDIN SMITH
ABR, e-Pro, SFR, GMA, REALTOR® Westridge Glen Expert and Former Resident RE/MAX Professionals (303) 990.2229 LandinBSmith@remax.net www.WestridgeGlenHomes.com
WESTRIDGE GLEN Real Estate Market Report
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021
JUST S O L D F O R $ 4 5 , 0 0 0 O VER A S K I N G P R I CE A F TE R J U S T 2 DA YS O N T H E M A R KE T !
PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS
J UST SOLD!
3424 WHITFORD DRIVE Presented by Landin Smith
5 Beds | 4 Baths | 4,212 Sq. Ft. | Sold for $820,000 | 105.8% of Asking Price
DEMAND IS HIGH, AND I HAVE MOTIVATED BUYERS
LOOKING FOR THEIR NEXT DREAM HOME IN WESTRIDGE GLEN JONATHAN AND ANGELA-MARIE, If you’re on the fence about selling your house, now is a great time to take advantage of sky-high demand, record-low supply, and fierce buyer competition. With less competition, you could sell faster and for more money! Call me today at (303) 990.2229 to get started.
w w w. W e s t r i d g e G l e n H o m e s . c o m PRESENTED BY
LANDIN SMITH Your Westridge Glen Real Estate Specialist
LANDIN SMITH
WESTRIDGE GLEN
Real Estate Market Report
ABR, e-Pro, SFR, GMA, REALTOR® Westridge Glen Expert and Former Resident RE/MAX Professionals
JONATHAN AND ANGELA-MARIE,
If you would like your home featured in this publication and mailed to the Westridge Glen neighborhood please call me today at (303) 990.2229.
(303) 990.2229 LandinBSmith@remax.net www.WestridgeGlenHomes.com
Westridge Glen Homes Currently Listed
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WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE
List Status
Address
Active
9396 Desert Willow Road
Angela-Marie, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let me go to work for you and help achieve your real estate
Better Regulations on Loans
Equity is Growing Quickly
Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
Supply is Still Much Lower than Demand
Permanently Working From Home
Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.
COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
Next Generation Influence
Builders Can’t Keep Up
Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
Some home builders have reported a ten-month waiting time for construction, while others are using a lottery system.
goals. Call me today at (303) 990.2229 for a free consultation!
Total Baths
Estimated Finished Square Feet*
List Price
List Date
4
5
4,700
$774,995
03/11/21
Westridge Glen Homes Currently Under Contract List Status
Address
Under Contract Under Contract Under Contract
9469 Wolfe Place 9541 Desert Willow Way 2627 Bitterroot Place
With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
Jonathan and
Bedrooms
When a bubble pops, nothing remains – this is opposite of the current market. Demand is fueling the increase in pricing, rather than low-qualified buyers obtaining loans.
Bedrooms
Total Baths
Estimated Finished Square Feet*
List Price
List Date
3 4 5
3 3 4
2,200 3,300 4,000
$569,900 $630,000 $659,000
03/04/21 03/12/21 03/05/21
Westridge Glen Homes Sold Since January 1st, 2021 List Status Sold Sold Sold Sold Sold Sold Sold
Address 9562 Desert Willow Way 9478 Wolfe Place 2389 Bitterroot Place 9121 Roadrunner Drive 9458 Wolfe Street 9445 Wolfe Place 9141 Ironwood Way
Bedrooms Total Baths 3 3 3 2 3 3 4 3 3 2 4 3 5 4
Estimated Finished Square Feet* 2,600 2,700 3,900 3,100 2,700 2,600 4,500
List Price $535,000 $579,900 $625,000 $550,000 $589,000 $539,900 $667,900
List Date 02/11/21 01/28/21 01/21/21 01/27/21 01/15/21 01/04/21 12/05/20
Sold Price $585,000 $585,000 $676,000 $576,000 $576,000 $571,000 $700,000
Sold Date 03/05/21 03/05/21 03/01/21 02/26/21 02/11/21 02/05/21 01/08/21
Landin Smith and RE/MAX Professionals are not in any way affiliated with Westridge Glen Home Owners Association, nor is this in any way an official advertisement or publication of Westridge Glen. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS between January 1st, 2021 and March 16th, 2021. Listings and sales may not be those of RE/MAX Professionals. 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. *Estimated Square Feet Rounded to nearest 100. Listed and/or sold by RE/MAX Professionals.
GET A FULL-SERVICE HOME BUYING EXPERIENCE WITH MY SIGNATURE LENDER, ALAN CROCKETT ALAN CROCKETT
Branch Manager NMLS ID#230119 (Phone) 303-589-7000 (Fax) 888-881-2242 FairwayIndependentmc.com/Alan-Crockett
7600 E Orchard Rd. Suite 130S Greenwood Village, CO 80111 alan.crockett@fairwaymc.com