Alan-Smith-Governors Ranch-May 2020

PROFESSIONALS

RE/MAX PROFESSIONALS 8500 West Bowles Avenue, #100 Littleton, CO 80123

GOVERNORS RANCH

Each Office Independently Owned and Operated.

The Alan Smith Team REALTOR®, CRS, GRI, CDPE, CLHMS

1ST QUARTER REVIEW 2020 REAL ESTATE MARKET REPORT

Direct: 303.932.3306 Cell: 303.503.2526

www.GovernorsRanchLifestyle.com

Alan@AlanJSmith.com www.GovernorsRanchLifestyle.com TheAlanSmithTeam.com Connect with us on:

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2020

YOUR TRUSTED RESOURCE DURING A CHANGING MARKET Valued Governors Ranch Homeowner, I understand the growing concerns you may have regarding COVID-19 (Coronavirus). I want you to know that I am committed to the safety of my clients and team. I recognize that there may be questions around how this impacts the real estate market and your decisions to list or buy; however, it is important to keep in mind that every case needs to be addressed individually.

I value my long-standing relationships with my clients and am always available should you have any questions or concerns.

If you would like to know more about how your home value has been affected by the recent changes in our market, contact me today.

–Alan

Smith PRESENTED BY

THE ALAN SMITH TEAM

303.932.3306 | ALAN@ALANJSMITH.COM

PROFESSIONALS

PREPARED ESPECIALLY FOR

VALUED GOVERNORS RANCH HOMEOWNER

Dear Valued Governors Ranch Homeowner, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by The Alan Smith Team, your Governors Ranch real estate specialists. You will not be contacted with any other solicitation.

The Alan Smith Team REALTOR®, CRS, GRI, CDPE, CLHMS

Direct: 303.932.3306 Cell: 303.503.2526 Alan@AlanJSmith.com www.GovernorsRanchLifestyle.com TheAlanSmithTeam.com

VISIT WWW.GOVERNORSRANCHLIFESTYLE.COM

PROFESSIONALS

Connect with us on:

TRUST ALAN’S EXPERIENCE! A TOP PRODUCER – A TRUE PROFESSIONAL SINCE 1983!

If you want to know what your home would sell for in today’s market, contact us today at 303.932.3306.

1ST QUARTER

GOVERNORS RANCH

GOVERNORS RANCH

REAL ESTATE MARKET REPORT

GOVERNORS RANCH HOMES CURRENTLY LISTED Status

Street Name

Bedrooms

Bathrooms

Est. Sq. Ft.*

List Price

Active

W Hialeah Place

3

3

1,900

$495,000

Active

S Hoyt Street

4

3

2,200

$499,000

Active

W Belmont Avenue

4

3

2,300

$574,900

Active

S Estes Way

4

3

2,400

$625,000

Active

S Hoyt Street

6

4

3,500

$629,000

Q1 2019

Q1 2020

15

17

INCREASE

TOTAL SALES

REAL ESTATE REVIEW

$398,461

GOVERNORS RANCH HOMES SOLD IN THE LAST 2 MONTHS Address

Sold Sold

28.1% INCREASE

$178

14.4% DECREASE

PRICE/SQ. FT.

For more information on any of these homes, contact us today at 303.932.3306.

Status

$510,360

SOLD PRICE

$208 T H ERE ARE 4 HOMES CURRENTLY PENDING.

13.3%

Bedrooms

Bathrooms

Est. Sq. Ft.

List Price

Sold Price

Sold Date

9402 W Brandt Place

4

3

2,500

$649,500

$641,000

04/10/20

5183 S Holland Street

3

3

2,800

$550,000

$565,000

04/03/20

Sold

5424 S Hoyt Street

5

4

3,900

$669,900

$655,000

03/31/20

Sold

5212 S Jellison Street

2

3

1,300

$345,000

$356,000

03/23/20

Sold

5242 S Jellison Street

2

2

1,800

$350,000

$358,000

03/20/20

Sold

9896 W Aqueduct Place

3

2

1,600

$475,000

$475,000

03/13/20

Sold

9800 W Progress Place

3

4

1,800

$369,900

$364,450

03/09/20

Sold

5214 S Jellison Street

4

4

1,900

$347,900

$340,000

03/06/20

Sold

9597 W Dorado Drive

3

3

2,700

$539,000

$530,065

02/28/20

Sold

9696 W Ida Place

4

4

3,000

$545,000

$548,000

02/28/20

Sold

9629 W Gould Avenue

4

4

3,300

$579,000

$583,000

02/14/20

Alan Smith, The Alan Smith Team, and RE/MAX Professionals are not in any way affiliated with Governors Ranch Home Owners Association, nor is this in any way an official advertisement or publication of Governors Ranch. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between February 14th and April 28th, 2020. 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 down to nearest hundred.

37

26

29.7% DECREASE

DAYS ON MARKET

99.8%

99.8%

SP/LP RATIO

0.0% SAME

Dear Valued Governors Ranch Homeowner, As we embark on these uncertain times, we are here for you as your trusted real estate resource.

Call us today at 303.932.3306 for any questions about the market and to learn about our commitment to helping you safely achieve your real estate goals.

Data based on listings from REColorado from January 1st, to March 31st, 2019-2020. Information deemed accurate but not guaranteed.