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Denver Real Estate News

Your Denver Area Real Estate Specialists - The Brian Petrelli Team

By Brian Petrelli | Broker in 80129
  • Indigo Hills Highlands Ranch - Slightly More Inventory

    Posted Under: Market Conditions in Highlands Ranch, Home Buying in Highlands Ranch, Home Selling in Highlands Ranch  |  April 13, 2014 4:21 PM  |  55 views  |  No comments

    Indigo Hills in Highlands Ranch is located at the northwest corner of Broadway and Wildcat Reserve Pkwy. The neighborhood is comprised of two distinct areas: Indigo Hills Single Family Homes and Indigo Hills Highlands Ranch Townhomes.

    Both sections have seen a incredibly strong demand over the past year. Buyers have been buying anything that has hit the market and many have been waiting for new inventory. A quick look at the market numbers for the area show that we're seeing a (very slight) uptick in the number of homes for sale in the area.

    The chart below shows the number of active listings for both the townhomes and the single family homes in the area. As with almost all areas of Highlands Ranch homes, there are few homes to look at if you are a buyer.

    However, if you are looking to sell your home in Indigo Hills, this may be a fantastic time. Inventory is still low, and as we head into Spring, buyers are only going to increase. Give our team a call at 303-726-1874 to talk more.

     

    Indigo Hills Highlands Ranch - Number of Active Listings:

    Indigo Hills Highlands Ranch Homes - Inventory

     

    Based on information from Metrolist®, Inc. for the period May 2013 through May 2014. Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

     

  • Green Valley Ranch Home Prices Continue To Rise

    Posted Under: Market Conditions in Denver, Home Buying in Denver, Home Selling in Denver  |  April 13, 2014 8:05 AM  |  62 views  |  No comments

    Our team has been very active in the Green Valley Ranch homes area for many, many years. We've helped many sellers avoid short sales during the housing crunch, helped buyers find foreclosure deals, and more recently we've been helping buyers find homes when there are few to none available on the market.

    It's been a bumpy ride, but we're experiencing a steady increase in the home values in the area. As you can see from the chart below, even with the short sale / foreclosure problems we had a couple of years ago, Green Valley Ranch home prices continue to rise. With the low inventory in the area, we expect prices to continue to increase, so if you are looking in the area, waiting too long to purchase can cost you $1,000's as prices continue to appreciate by 7-10% annually for most Denver Homes.

    We have a couple of listings coming up in the area, so if you are in the market and can't find anything, give us a call at 303-726-1874 and we can notify you of new listings before they hit the MLS.

     

    Green Valley Ranch Home Prices:

    Green Valley Ranch Home Prices

  • Highlands Ranch Townhomes - Inventory At Record Lows!

    Posted Under: Market Conditions in Highlands Ranch, Home Buying in Highlands Ranch  |  April 11, 2014 3:02 PM  |  68 views  |  No comments

    The number of available Highlands Ranch Townhomes is at the lowest level in over 5 years. With a current inventory of just 14 active listings, we are under 10% of the record high of 166 active listings in 2010!

    This unbelievably low inventory is having a strong effect on prices for just about every unit that hits the market. Some of the most popular complexes are experiencing multiple bidding situations with 20+ showings in the first 24 hours on every unit.

    If you are looking to buy a townhome in Highlands Ranch, make sure our team has you set up on email alerts and we know of your specific needs so we can be on the lookout for townhomes before they hit the MLS. You can reach our team at 303-726-1874.

     

    Highlands Ranch Townhomes - Active Inventory:

    Highlands Ranch Townhomes - Active Units

    Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

     

     

    Highlands Ranch Subdivision Condo Searches: 
    Brownstones Highlands Ranch Condos And Townhomes, Carlyle Park Highlands Ranch Condos And Townhomes, Canyon Ranch Highlands Ranch Condos And Townhomes, Clocktower Highlands Ranch Condos And Townhomes, Highland Walk Highlands Ranch Condos And Townhomes, Palomino Park Highlands Ranch Condos And Townhomes, Settlers Village Highlands Ranch Condos And Townhomes, Shadow Canyon Highlands Ranch Condos And Townhomes, Stonybridge Highlands Ranch Condos And Townhomes,Sugarmill Highlands Ranch Condos And Townhomes, Sundance Highlands Ranch Condos And Townhomes, Town Center Highlands Ranch Condos And Townhomes, Tresana Highlands Ranch Condos And Townhomes

     

     

     

     

     

     

     

  • Number of Littleton Foreclosures Fall (Drastically)

    Posted Under: Market Conditions in Littleton, Home Buying in Littleton, Foreclosure in Littleton  |  April 3, 2014 3:36 PM  |  178 views  |  No comments

    If you're a buyer looking for Littleton homes, then you have experienced the significant lack of inventory of all types of properties. One of the biggest differences in the market of today versus the market of just a couple years ago, is the huge drop in the number of available Littleton Foreclosures on the market.

    The chart below plots the available inventory of foreclosures in Littleton by month for the past 5 years. As you can see, 3 years ago there were 160+ Littleton foreclosures available. This year, that number sits under 15!

    The pool of buyers experiencing the brunt of this foreclosure shortage are investors who specialize in fix and flip homes in Littleton. With such a small number of potential fix and flips, these investors are forced to bid the prices up and the shortage of inventory has forced some to look at other areas.

    If you would like more detailed information on the market and how the lack of foreclosures is affecting it, call our team at 303-726-1874.

    Number of Active Littleton Foreclosures:

    Littleton Foreclosures

    Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

  • Huge Drop in Days on Market For Saddle Rock Aurora Homes

    Posted Under: Market Conditions in Aurora, Home Buying in Aurora, Home Selling in Aurora  |  April 2, 2014 9:21 AM  |  238 views  |  No comments

    The market for Saddle Rock Aurora homes has seen an incredible improvement in the days it takes a home to sell. As you can see from the chart below, between 2009 and 2012, the average days on market for a home steadily rose from 111 to over 200. But as you can see, in 2013 there was a drastic drop cutting the average days on market to nearly 25% of the prior year!

    While this market improvement follows the general market for Aurora homes, the Saddle Rock community has seen a much strong improvement in sales numbers and the time it takes a home to sell.

    If you have been putting off selling your Saddle Rock home, now may be the time to have us run numbers to show you how fast, and for how much, we can sell it for you. Give us a call today at 303-726-1874.

    Saddle Rock Aurora homes - Days On Market

    Saddle Rock aurora Homes Days on MArket

  • Huge Drop in Days on Market For Saddle Rock Aurora Homes

    Posted Under: Market Conditions in Aurora, Home Buying in Aurora, Home Selling in Aurora  |  April 2, 2014 9:20 AM  |  201 views  |  No comments

    The market for Saddle Rock Aurora homes has seen an incredible improvement in the days it takes a home to sell. As you can see from the chart below, between 2009 and 2012, the average days on market for a home steadily rose from 111 to over 200. But as you can see, in 2013 there was a drastic drop cutting the average days on market to nearly 25% of the prior year!

    While this market improvement follows the general market for Aurora homes, the Saddle Rock community has seen a much strong improvement in sales numbers and the time it takes a home to sell.

    If you have been putting off selling your Saddle Rock home, now may be the time to have us run numbers to show you how fast, and for how much, we can sell it for you. Give us a call today at 303-726-1874.

    Saddle Rock Aurora homes - Days On Market

    Saddle Rock aurora Homes Days on MArket

  • Firelight Highlands Ranch Homes - Days on Market Plummets

    Posted Under: Market Conditions in Highlands Ranch, Home Buying in Highlands Ranch, Home Selling in Highlands Ranch  |  March 31, 2014 3:42 PM  |  207 views  |  No comments

    The market for Firelight Highlands Ranch homes has been strong for the past few years. The demand for the area, and Highlands Ranch homes in general, has helped the neighborhood overcome a bump in short sales homes several years ago.

    Nothing illustrates the high demand in the neighborhood better than the chart we have included in this post. As you'll see, the average days on market for homes in Firelight has seen a drastic decline in the past 2 years. In fact, the average days on market for 2013 and 2014 is less than a third of what it was in 2012.

    If you have been waiting to sell your Firelight Highlands Ranch home, now may be the right time. Give our team a call at 303-726-1874 to have us run a detailed market analysis of your home.

    Firelight Highlands Ranch Homes:

    Firelight Highlands Ranch Homes

     

    YearDays to Sell, AverageSale Price, Average
    2009100$375,403
    201064$364,003
    2011115$362,785
    201273$373,703
    201324$406,526
    201420$395,500

    Based on information from Metrolist®, Inc. for the period 2009 through 2014 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.

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