Landin Smith-Westridge Glen - August 2022

AUGUST

2 022

1745 Shea Center Drive, Suite 100 Highlands Ranch, CO 80129 Each Office is Independently Owned and Operated.

LANDIN SMITH

ABR, e-Pro, SFR, GMA, REALTOR® Westridge Glen Expert and Former Resident

WESTRIDGE GLEN

RE/MAX Professionals (303) 990.2229 LandinBSmith@remax.net www.WestridgeGlenHomes.com

Real Estate Market Report

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022

W E S T R I DG E G L E N

PREPARED ESPECIALLY FOR

2022 2ND QUARTER REAL ESTATE REVIEW

LEONARDO AND ANGELICA WASHINGTON

Average Sold Price

$840,401

22.3% Increase over Q2 2021

Total Homes Sold

15

16.7% Decrease from Q2 2021

Average Sold Price/ List Price Ratio

101.9% 6.0% Decrease from Q2 2021

Average Days on Market

6

1 Day More than Q2 2021

Average Sold Price Above Per Square Foot * Grade

$350

Finished

6.7% Increase over Q2 2021

Data based on listings from REColorado from April 1st to June 30th, 2021 and 2022. Does not include homes taken off the market. Information deemed accurate but not guaranteed.

LEONARDO AND ANGELICA, Your Westridge Glen community had a fantastic quarter, with increases in several key market indicators. The demand for your community is high. If you are thinking about selling, call me today at (303) 990.2229.

w w w. W e s t r i d g e G l e n H o m e s . c o m PRESENTED BY

LANDIN SMITH Your Westridge Glen Real Estate Specialist

LANDIN SMITH

WESTRIDGE GLEN

ABR, e-Pro, SFR, GMA, REALTOR® Westridge Glen Expert and Former Resident

Real Estate Market Report

LEONARDO AND ANGELICA,

RE/MAX Professionals

If you would like your home featured in this publication and mailed to the Westridge Glen neighborhood, please call me today at (303) 990.2229.

(303) 990.2229 LandinBSmith@remax.net www.WestridgeGlenHomes.com

Westridge Glen Homes Currently Listed

Connect with me on:

FIND OUT WHAT YOUR HOME IS WORTH IN TODAY’S SHIFTING MARKET! I n v e n t o ry I s Low and I H av e Bu ye rs L oo k i n g in We st ridge G le n !

List Status

Street Name

Bedrooms

Total Baths

Estimated Finished Square Feet*

List Price

List Date

Active

Wolfe Drive

3

4

1,700

$619,900

04/30/22

Active

Wolfe Place

4

3

2,600

$655,000

06/02/22

Active

Roadrunner Street

4

3

2,300

$680,000

06/09/22

Active

Desert Willow Trail

4

3

3,000

$755,000

05/12/22

Active

Bitterroot Place

4

5

4,200

$800,000

06/16/22

Active

Desert Willow Trail

4

4

4,300

$899,900

06/21/22

As your Westridge Glen real estate specialist, I understand the true value of your home. Call me today at (303) 990.2229 for a FREE, no-obligation home assessment to find out what your home is worth this summer and to see if your home fits my buyer’s needs.

Scan QR Code or visit me online at https://westridgeglenhomes.com/valuation-form/ to learn the current value of your home.

Westridge Glen Homes Currently Under Contract List Status

Street Name

Bedrooms

Total Baths

Estimated Finished Square Feet*

List Price

List Date

Under Contract

Wolfe Drive

4

4

2,200

$634,900

06/24/22

Under Contract

Desert Willow Way

5

4

2,800

$745,000

07/14/22

THE MARKET HAS BEGUN TO SHIFT The housing market, which received a boost from record low interest rates during the Covid-19 pandemic, has begun to shift.

With mortgage interest rates and home prices on the rise, it is expected that the housing market will continue to cool from the surge in demand we’ve seen the last few years.

Westridge Glen Homes Sold Since June 1st, 2022

We are slowly beginning to see a rise in homes for sale. This trend should push us more towards a balanced market, slowing down home price growth and increasing the time on the market.

If you have been looking to sell and buy a different kind of home, you may have the options to find what you’ve been looking for. I can help you on both sides of that scenario.

LEONARDO AND ANGELICA,

The housing market is at a turning point, and if you’re thinking of buying or selling a home, now may be the perfect time to do so. Call me today at (303) 990.2229.

Estimated Finished Square Feet*

List Price

List Date

Sold Price

Sold Date

3

3,000

$685,000

06/23/22

$715,000

07/15/22

5

4

4,200

$1,150,000

06/02/22

$1,110,000

07/11/22

Roadrunner Drive

4

4

2,500

$695,000

05/20/22

$710,000

07/05/22

Sold

Desert Willow Trail

6

4

4,000

$875,000

06/02/22

$875,000

06/30/22

Sold

Fox Fire Drive

4

4

2,600

$699,800

05/05/22

$720,000

06/29/22

Sold

Anasazi Indian Way

4

4

3,100

$825,000

05/11/22

$820,000

06/22/22

Sold

Cactus Bluff Place

5

5

4,500

$1,050,000

05/04/22

$1,010,000

06/15/22

Sold

Roadrunner Street

4

4

3,000

$649,900

05/11/22

$670,000

06/08/22

List Status

Street Name

Bedrooms Total Baths

Sold

Roadrunner Drive

3

Sold

Indian Paintbrush Circle

Sold

Due to REColorado regulations, full disclosure of all listing and sold data is only available upon request.

Landin Smith and RE/MAX Professionals are not in any way affiliated with Westridge Glen Home Owners Association, nor is this in any way an official advertisement or publication of Westridge Glen. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between June 1st and July 19th, 2022. 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 nearest 100.

Listed and/or sold by RE/MAX Professionals.