Bradbury Ranch November 2014

April 16, 2015  |  By  | 


2 On The Ranch Bradbury Ranch numbers 10/20/14 Average Price Days on Market Actives in Bradbury 6 dwellings $384,85831 Under contract 7 dwellings $354,60019 Solds 7 dwellings $404,64341 Important for Bradbury Ranch home owners to note: The sold price per square foot is $167.71. This number reects a $6.01 drop from the previous monthly numbers. Inside the Bradbury Ranch numbers The numbers for Bradbury Ranch continue to reect a huge desire to live in our community. September numbers demonstrate ample activity in our sub area. Properties continue to enjoy trafc and the well prepared properties are under contract within 3 weeks of listing. Prices have dropped as is the trend when heading into the nal quarter of the year. Bradbury sellers continue to enjoy a 98.6% of list price for their homes nal sales price. Top sold price in Bradbury ranch over the last 30 days is $470,000 and the lowest sales price in the sub division is $355,000. Current active homes on the market, sits at7 a drop of 50% from that number of a month ago. As expected interest rates are fantastic hovering the 4% or lower mark at the time of this report. Metro Denver market report 10/20/14 Residential real estate in the Denver metro and surrounding area begin to reect a weaker 4th quarter demand, according to Metrolist, Colorado’s largest MLS and the provider of REcolorado.com. Days on market is up 7%, and the number of days a home takes to sell, escalated to 30 days—the highest point since February 2014. New active listings decreased 14% over last month, overall inventory levels are lower than the same period last month. The upward trend of Sold properties has hit a downward slide off by 16% on the last 30 days. Sellers should keep in mind that though numbers reect a slower market there remains activity and buyers recognize that this is a good time to buy. Less competition for a listing of their choice coupled with the fact that interest rates are at signicant low levels. 6 County market update & Sold price percentages County Avg. sold price 2013 Avg. sold price 2014 Percentage of change Adams$216,861 $241,001 10.10% Arapahoe$283,239 $300,434 5.50% Denver$334,748 $348,361 4.10% Douglas$372,059 $399,192 6.70% Elbert$342,687 $369,143 9.20% Jefferson$296,706 $314,493 6.10% Real Estate Market Watch THE HOUSING NUMBERS FOR THE LAST 45 DAYS FOR THE METRO AREA AND BRADBURY RANCH Information was gathered by Ed Bannias of Cherry Creek properties LLC from the Denver Matrix system. Information is deeded reliable for further clarication call Ed at 303.906.0414 or Email to: Ed@nddenverhomes.com. GO TO BRADBURYRANCH.INFO FOR MORE INFORMATION