Chris Cooke - Weatherstone - January 2021

CHRIS COOKE

STANDARD

Broker

303.667.1964

CCooke5280@gmail.com www.HomesInWeatherstone.com

RE/MAX Professionals 1745 Shea Center Drive, Suite 100 Highlands Ranch, CO 80126

Each Office Independently Owned and Operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021

W E AT H E R S T O N E • JANUARY 2021 REAL ESTATE MARKET REPORT •

2020 YEAR-END REVIEW

WEATHERSTONE SOLD PRICE +16.2% vs. 2019

$735,000

LOW AVERAGE

$996,250 $1,335,000

HIGH

8

TOTAL SALES 8 Less

than 2019

16

AVG. DAYS ON MARKET 3 Days Fewer than 2019

PRICE PER SQ. FT. +14.4% vs. 2019

LOW AVERAGE HIGH

$179 $223 $253

100.9%

HomesInWeatherstone.com P R E PA R E D E S P E C I A L LY F O R

Jim and Nancy Smith

AVERAGE SP/LP +2.0%

vs. 2019

Jim and Nancy, This statistical analysis represents the average 2020 activity for Weatherstone. For an in-depth analysis of your home’s value, call me today at 303.667.1964.

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

P R E S E N T E D BY CHRIS COOKE

Your Weatherstone Real Estate Specialist

CHRIS COOKE

Happy New Year!

No One in the World Sells More Real Estate than RE/MAX!

Broker RE/MAX Professionals

303.667.1964

CCooke5280@gmail.com www.HomesInWeatherstone.com

No matter what your real estate goals are for 2021, I am here and ready to help you achieve them.

Connect with me on:

Call me today at 303.667.1964 to start your journey to success!

W E AT H E R S T O N E M A R K E T R E P O R T

Visit Visitwww.HomesInWeatherstone.com www.HomesInWeatherstone.comfor forcommunity communityinfo, info,current currentlistings, listings,and andrecent recentsales. sales.

2021 Housing Forecast +7.0%

THE RISE OF THE MILLENNIAL

by end of 2021

No longer just dominating the entry-level market, millennial are now taking over as “move up” buyers as they have children and need more space.

+3.4%

Home sales are going up

Strong demand and more homes hitting the market equals a healthy rate of growth.

KEY HOUSING TRENDS IN 2021

+5.7%

If you are looking to sell your home, contact me today at 303.667.1964 or visit the site below to work with me to create a safe and effective plan that works for you and your family.

www.HomesInWeatherstone.com

There are No Homes Currently Listed in Weatherstone.

There is 1 Home Currently Under Contract in Weatherstone.

RECORD LOW INTEREST RATES | ZERO INVENTORY | INCREASING SALE PRICES Call me to list your home today and take advantage of the seller's market!

MILLENNIALS AND GEN-Z

Ho m es S o l d i n the Last 1 2 Mo nths i n Wea thers tone

A recent survey said that lower mortgage rates enabled these buyers to change their home search toward a larger home in a nicer neighborhood.

Home prices will hit new heights

65.9%

MORTGAGE RATES ARE MOVING UP

Jim and Nancy,

REMOTE WORK

Despite large expectations of returning to the office, remote workers are choosing properties with dedicated office space.

SUBURBAN MIGRATION

Homeshoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.

Homeownership Rate

Jim and Nancy,

Your real estate opportunity is here! If you or someone you know is considering selling, call me today at 303.667.19964.

Published by Danielle Hale, Realtor.com on December 2nd, 2020

Status

Address

Beds

Baths

**Total Square Feet

List Price

Sold Price

Sold Date

Sold*

10525 Weathersfield Way

5

4

4,400

$838,000

$880,000

12/30/20

Sold*

10392 Brookhollow Circle

5

5

4,600

$1,125,000

$1,110,000

10/23/20

Sold

762 Shadowstone Drive

5

5

4,300

$812,000

$810,000

10/21/20

Sold

1506 Meyerwood Lane

5

5

4,900

$1,175,000

$1,175,000

08/26/20

Sold*

1438 Brettonwood Way

5

5

4,600

$1,100,000

$1,150,000

07/31/20

Sold*

10605 Ridgecrest Circle

5

7

5,400

$1,350,000

$1,335,000

06/22/20

Sold

762 Shadowstone Drive

5

5

4,300

$775,000

$775,000

04/24/20

Sold*

885 Countrybriar Lane

5

4

3,100

$735,000

$735,000

01/03/20

Chris Cooke, RE/MAX Professionals, and The RE/MAX Collection are not in any way affiliated with any Weatherstone Owners Association, nor is this in any way an official advertisement or publication of Weatherstone. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS as of January 5th, 2021. Listings and sales may not be those of RE/MAX Professionals. The REColorado MLS do not guarantee the accuracy of this data, which may not reflect all of 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. Asterisked (*) properties were listed and/or sold by other brokerages. **Estimated square feet rounded to nearest hundred.