Dustin Griffith - Todd Creek - May 2019

10111 Inverness Main Street, Suite P. Englewood CO 80112

303.726.0410

REAL ESTATE MARKET REPORT MAY 2019

TODD CREEK

Dustin@GriffithHomeTeam.com www.GriffithHomeTeam.com

DUSTIN GRIFFITH | REALTOR® | NEIGHBOR

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

Visit www.ToddCreekLiving.com for current market activity, community information, and more.

TODD CREEK

1ST QUARTER REAL ESTATE REVIEW

TOTAL HOMES SOLD

AVERAGE SOLD PRICE

+25.0% from 1Q 2018

+7.8% from 1Q 2018

15

$618,120

TOTAL SALES RATIO

AVERAGE PRICE PER SQ. FT.

AVERAGE DAYS ON MARKET

+1.6% from 1Q 2018

-14.8% from 1Q 2018

21 Days slower than 1Q 2018

98.6%

$156

45

This statistical analysis represents the current market trends during the first quarter in Todd Creek.

For an in-depth analysis of your home’s value, call me today at 303.726.0410 for a complimentary evaluation.

Data based on listings from REColorado from January 1st to March 31st 2018 and 2019. Information deemed accurate but not guaranteed.

SPECIAL OFFER FOR TODD CREEK RESIDENTS

Prepared Especially for

Johnathan and Angela-Marie Williams

Johnathan and Angela-Marie Williams

Are you thinking of selling your home?

Let me provide you a Free Market Analysis and I’ll give you a $25 gift card.

Please call me today at 303.726.0410 to discuss.

Serious inquiries only.

PRESENTED BY

Dustin Griffith

Your Todd Creek Neighbor and Real Estate Specialist

MARKET REPORT

DUSTIN GRIFFITH REALTOR® | NEIGHBOR

Johnathan and Angela-Marie, 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.

303.726.0410 Dustin@GriffithHomeTeam.com www.GriffithHomeTeam.com

Visit www.ToddCreekLiving.com for current market activity, community information, and more.

MARKET UPDATE APRIL 2019 Johnathan and Angela-Marie,

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 MARCH 2019

$517,786

CONDOS

+2.95%

CONDO 1 YR

AVERAGE SALES PRICE

(HOUSES & CONDOS • MARCH 2019 )

+1.33%

SINGLE FAMILY 1 YR

AVG DAYS ON MARKET MARCH 2019

40 DAYS

2018: 32 DAYS

DOWN 6.74%

UP 4.54%

AVERAGE SOLD PRICE (YEAR TO DATE)

$469,177

LAST YEAR: $459,468

MEDIAN SALES PRICE MARCH 2019 HOUSES

64 DAYS

CONDOS

2018: 4,379

2018: $341,663

UP 1.15%

HOUSES

4,084

$357,174

2018: $511,917 HOUSES

TOTAL # SOLD (HOUSES AND CONDOS) MARCH 2019

$445,000 2018: $439,900

ACTIVE INVENTORY MARCH 2019

3,781

HOUSES

1,835

$299,975

2018: 78 DAYS CONDOS

2018: $291,000

2018: 3,088

CONDOS

2018: 1,130

Source: REcolorado.com — April 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.

HOMES CURRENTLY LISTED STATUS Active Active Active Active Active Active Active Active Active Active Active Active Active Active

STREET NAME E 157th Avenue E 159th Avenue E 161st Avenue E 155th Place Ironton Street E 154th Court Havana Way E 162nd Place E 162nd Place Boston Court E 161st Avenue E 145th Avenue E 147th Place E 145th Avenue

BEDS 3 4 5 4 5 3 4 3 4 4 5 6 5 3

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

EST. SQ. FT.* 1,800 2,500 3,600 3,200 3,900 6,000 3,300 3,000 3,600 4,200 5,300 4,400 5,600 5,200

LIST PRICE $607,500 $625,000 $645,000 $650,000 $650,000 $679,900 $695,000 $696,353 $720,625 $775,000 $799,900 $800,000 $899,000 $938,000

YEAR BUILT 1997 1997 2014 1999 1999 2018 1997 2019 2019 2001 2018 2013 2005 2005

LIST PRICE $534,900 $539,900 $549,000 $549,900 $599,000 $630,000 $635,000 $650,000 $650,000 $670,000 $734,900 $748,000 $799,900 $849,900

YEAR BUILT 1997 2004 1995 2016 2016 1999 2003 1997 2000 1997 2017 2000 2018 2015

HOMES CURRENTLY UNDER CONTRACT STATUS Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract Under Contract

STREET NAME Dallas Street E 146th Place E 159th Place E 163rd Court Newark Lane Fulton Street Uinta Street Havana Way E 152nd Avenue E 159th Avenue Nome Street Boston Court E 161st Avenue E 146th Place

BEDS 4 4 3 3 3 4 5 3 5 4 3 5 5 4

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

EST. SQ. FT.* 2,900 3,400 2,700 2,700 2,900 3,300 3,200 3,300 3,500 3,600 3,500 4,800 5,300 4,400

HOMES SOLD Since April 1st, 2019 STATUS STREET ADDRESS Sold Sold Sold

9995 E 146th Place 10883 E 163rd Court 16197 Paris Way

BEDS

BATHS

4 5 4

4 5 3

EST. SQ. FT.* LIST PRICE SOLD PRICE SOLD DATE YEAR BUILT 3,800 3,500 3,500

$565,000 $785,000 $634,900

$565,000 $770,000 $634,900

04/19/19 04/19/19 04/05/19

2004 2015 2019

Dustin Griffith and Griffith Home Team and RE/MAX PROFESSIONALS are not in any way affiliated with Todd Creek Home Owners Association, nor is this in any way an official advertisement or publication of Todd Creek. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between April 1st, 2019 and April 24th, 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.