Dustin Griffith - Eagle Shadow - Market Report June 2019

10111 Inverness Main Street, Suite P. Englewood CO 80112

303.726.0410

REAL ESTATE MARKET REPORT JUNE 2019

EAGLE SHADOW

Dustin@GriffithHomeTeam.com www.GriffithHomeTeam.com

DUSTIN GRIFFITH | REALTOR® | NEIGHBOR

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019

IMPORTANT EAGLE SHADOW REAL ESTATE TRENDS AT YOUR FINGERTIPS! PROVIDING LOCAL, ACCURATE & PERSONALIZED SERVICE

THIS IS YOUR TRUSTED RESOURCE: • Get a monthly wealth snapshot of your home • Understand when to refinance • Purchasing power for second home or trade up • Understand your mortgage - interest vs. principal

www.EagleShadowHomeValues.com

www.EagleShadowHomeValues.com Homeowner,

When you are ready to list your home, this information and my local expertise will ensure we can maximize the sale value of your home.

Call me today at 303.726.0410.

Prepared Especially for

Eagle Shadow Homeowners PRESENTED BY

Dustin Griffith

Your Eagle Shadow Neighbor and Real Estate Specialist

DUSTIN GRIFFITH REALTOR® | NEIGHBOR

303.726.0410 Dustin@GriffithHomeTeam.com

MARKET REPORT

www.GriffithHomeTeam.com

Homeowner, If you would like an accurate assessment of what your home would go for in today’s real estate market, please call me at 303.726.0410.

HOMES CURRENTLY LISTED

MARKET UPDATE

STATUS Active Active Active Active

MAY 2019 Homeowner,

Metro Denver Home Market is improving as buyers are out in full force, and we are seeing more first time home buyers. Sellers need to be priced right from the very beginning and make sure the home is move-in ready. As a buyer or seller, know what is happening in the home market. Metro Denver continues to be a top home market.

AVERAGE SOLD PRICE APRIL 2019

$543,657

CONDOS

+3.02%

CONDO 1 YR

AVERAGE SALES PRICE

(HOUSES & CONDOS • MARCH 2019 )

+1.28%

SINGLE FAMILY 1 YR

AVG DAYS ON MARKET APRIL 2019

34 DAYS

2018: 26 DAYS

UP 0.77%

UP 3.46%

AVERAGE SOLD PRICE (YEAR TO DATE)

$487,834

LAST YEAR: $480,947

MEDIAN SALES PRICE APRIL 2019 HOUSES

57 DAYS

CONDOS

2018: 4,686

2018: $350,601

UP 1.39%

HOUSES

4,722

$362,739

2018: $536,199 HOUSES

TOTAL # SOLD (HOUSES AND CONDOS) APRIL 2019

$445,000 2018: $452,000

ACTIVE INVENTORY APRIL 2019

4,295

HOUSES

1,966

$300,000

2018: 49 DAYS CONDOS

2018: $292,000

2018: 3,365

CONDOS

2018: 1,197

Source: REcolorado.com — May 5th, 2019 The above representation for Single Family and Condos includes real estate activity in the counties of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson. Data deemed accurate but not guaranteed.

STREET NAME Olive Street E 162nd Avenue Leyden Street E 163rd Avenue

BEDS 5 3 5 4

BATHS 4 3 4 5

EST. SQ. FT.* 4,200 2,900 5,200 6,000

LIST PRICE $685,000 $726,763 $749,000 $890,000

YEAR BUILT 2001 2019 2004 2009

LIST PRICE $789,000 $849,900

YEAR BUILT 2006 2007

HOMES CURRENTLY UNDER CONTRACT STATUS Under Contract Under Contract

STREET NAME E 163rd Avenue E 162nd Drive

BEDS 6 5

BATHS 5 4

EST. SQ. FT.* 4,700 6,300

HOMES SOLD Since October 1st, 2018 STATUS STREET ADDRESS

BEDS

BATHS

EST. SQ. FT.* LIST PRICE SOLD PRICE SOLD DATE YEAR BUILT

Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

6048 E 163rd Ave Avenue 6419 Eagle Shadow Avenue 16792 Poplar Court 6531 Eagle Shadow Avenue 16184 Oneida Court 6215 E 165th Place 6103 E 161st Avenue 16140 Krameria Court 16012 Olive Street 16280 Kearney Court 6564 E 162nd Drive 6195 E 162nd Avenue 6239 E 163rd Avenue

4 5 3 5 4 5 4 3 4 4 3 4 4

3 3 2 4 4 5 5 2 3 3 3 5 4

5,400 4,100 4,900 3,800 4,900 5,800 4,600 2,300 4,600 5,400 4,600 4,900 4,900

$725,000 $749,000 $699,000 $648,000 $864,900 $949,000 $895,000 $695,000 $650,000 $749,000 $669,000 $839,000 $745,000

$722,000 $753,500 $652,000 $630,000 $857,450 $939,000 $895,000 $675,000 $640,000 $736,500 $660,000 $839,000 $740,000

05/06/19 04/30/19 04/16/19 04/09/19 03/29/19 02/28/19 02/22/19 02/19/19 01/31/19 01/10/19 11/09/18 11/09/18 10/12/18

2010 2004 2004 2001 2014 2005 2015 2012 2010 2010 2014 2011 2008

Sold Sold

6006 E 162nd Place 16238 Oneida Street

4 4

3 3

4,900 5,500

$695,000 $749,900

$740,000 $750,000

10/05/18 10/03/18

2013 2006

Dustin Griffith and Griffith Home Team and RE/MAX PROFESSIONALS are not in any way affiliated with Eagle Shadow Home Owners Association, nor is this in any way an official advertisement or publication of Eagle Shadow. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between October 1st, 2018 and May 29th, 2019. 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 to the nearest hundred.