Billie Jo Downing
REALTOR®, ABR, CDPE, CNE, CNHS, CRS, ePRO, GRI, RCC, SFR, SRES 2007 Realtor of the Year
970.481.4150
Each Office Independently Owned and Operated.
RE/MAX Alliance Loveland 750 W Eisenhower Boulevard Loveland, CO 80537 (970) 669-1234
PRESORTED STANDARD US POSTAGE PAID REAL MARKETING
BillieJo@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
ALFORD MEADOWS October 2020 Real Estate Market Report
Kathy Scribner REALTOR®, ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR
970.669.4175
Kathy@OwnThisHomeTeam.com www.OwnThisHomeTeam.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020
TRUST YOUR HOME TO THE NEIGHBORHOOD SPECIALISTS!
Prepared Especially for Johnathan and Angela-Marie Williams PRESENTED BY BILLIE JO DOWNING & KATHY SCRIBNER
Your Alford Meadows Real Estate Specialists & Neighbors
www.AlfordMeadowsHomes.com
Billie Jo Downing
No One in the World Sells More Real Estate than RE/MAX!
REALTOR®, ABR, CDPE, CNE, CNHS, CRS, ePRO, GRI, RCC, SFR, SRES 2007 Realtor of the Year
970.481.4150
BillieJo@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
Kathy Scribner REALTOR®, ABR, CDPE, CNE, CNHS, ePRO, GRI, RCC, SFR
970.669.4175
Living, Loving, and Promoting Our Community's Value for Over 13 Years!
Kathy@OwnThisHomeTeam.com www.OwnThisHomeTeam.com
Johnathan and Angela-Marie, This is the perfect time of year to take advantage of seasonal momentum and improved market conditions. We are real estate professionals that excel in your neighborhood—We We have helped 53 buyers and sellers purchase or sell their homes in Alford Meadows! Please call us today at 970.481.4150 or 970.669.4175 to discuss how we can help you maximize the selling potential of your home.
Ho m e s C u r r e n t ly L i s t e d i n A l fo r d Me a d ows
REAL ESTATE RECORDS SHATTERED
The U.S. Median Home Price Jumped 8.5%, Breaking $300,000 for the First Time
8.5%
Median Price Increase
$304,100, the first time breaking the $300,000 threshold.
NEW RECORD!
NEW RECORD!
NEW RECORD!
NEW RECORD!
Rate
Months of Inventory
Days on Market
First-Time Buyers
2.88% Interest
3.1
The eighth drop in 2020 and the lowest in 5 decades.
Unsold inventory was 4.2 months in July 2019.
22
29 days in July 2019. 68% were sold in less than 30 days.
34%
First-Time home buyers made up 32% a year ago.
“The housing market is well past the recovery phase and is now booming with higher home sales compared to the pre-pandemic days. With the sizable shift in remote work, current homeowners are looking for larger homes, and this will lead to a secondary level of demand even into 2021.”
—Lawrence Yun, Chief Economist, NAR
Johnathan and Angela-Marie,
This is the perfect time to take advantage of improved market conditions and upgrade to your next dream home. Call us today to discuss the value of your home and your options at 970.481.4150 or 970.669.4175. www.housingwire.com | www.vecteezy.com
Street Name
Beds
Baths
Est. Square Feet
Year Built
List Price
List Date
Active Active
Coral Burst Circle
4
3
3,164
2004
$482,900
07/07/20
Coffeetree Drive
4
3
3,266
2004
$525,000
07/16/20
Active
Coral Burst Drive
4
3
4,625
2014
$660,000
09/11/20
Ho m e s C u r r e n t ly Un d e r C o n t r a c t o r Pe n d i n g i n A l fo r d Me a d ows
NOW IS THE TIME TO SELL!
NEW RECORD!
Status
*Listed and/or Sold by Own This Home Team
Status
Street Name
Beds
Baths
Est. Square Feet
Year Built
List Price
List Date
Backup Backup
Crabapple Court
4
3
2,784
2014
$460,000
09/08/20
Crabapple Drive
4
3
3,404
2017
$500,000
07/16/20
Backup
Longspur Street
3
2
3,708
2009
$505,000
06/14/20
Backup*
Brandywine Drive
3
3
3,538
2006
$505,000
05/02/20
Backup
Brandywine Drive
3
4
3,388
2007
$517,000
08/07/20
Backup
Longspur Street
3
2
3,840
2006
$525,000
07/02/20
Backup
Fallgold Drive
4
4
4,398
2017
$750,000
08/27/20
Ho m e s S o l d S i n c e Ju n e 1 s t , 2 0 2 0 i n A l fo r d Me a d ows Status
Address
Beds
Baths
Est. Square Feet
Year Built
List Price
Sold Price
Sold Date
Sold
4865 Coffeetree Drive
5
4
4,334
2007
$580,000
$580,000
08/31/20
Sold
1093 Coral Burst Drive
5
3
4,707
2014
$650,000
$635,000
08/28/20
Sold
4760 Mimosa Street
3
2
3,110
2004
$465,000
$460,000
08/24/20
Sold
5273 Apricot Court
3
3
4,143
2006
$550,000
$550,000
08/24/20
Sold
1149 Coral Burst Drive
3
3
4,412
2018
$590,000
$552,668
08/04/20
Sold
5155 Brandywine Drive
3
3
3,438
2005
$515,000
$515,000
07/23/20
Sold
1305 W 50th Street
3
3
3,472
2017
$469,900
$469,900
07/20/20
Sold
915 Norway Maple Drive
5
4
3,956
2006
$545,000
$545,000
07/17/20
Sold*
4725 Coffeetree Drive
3
2
1,681
2004
$395,000
$385,000
06/12/20
Sold
1240 Crabapple Drive
4
4
2,747
2004
$475,000
$475,000
06/04/20
Billie Jo Downing, Kathy Scribner, and RE/MAX Alliance are not in any way affiliated with Alford Meadows Owners Association, nor is this in any way an official advertisement or publication of Alford Meadows. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the IRES MLS between June 1st, 2020 and September 11th, 2020. Listings and sales may not be those of RE/MAX Alliance. The IRES 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.