Landin Smith-Westridge Glen-February 2021

FE BRUARY

2 021

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 (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

PENDING!

PREPARED ESPECIALLY FOR

SALE PENDING

After Only 3 Days on the Market!

JONATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY LANDIN SMITH

9445 WOLFE PLACE 4 Beds | 3 Baths | 2,690 Est. Sq. Ft. Offered at $539,900 JONATHAN AND ANGELA-MARIE, Westridge Glen had a fantastic year, with increases in several key market indicators. The demand for your community remains high with current inventory pointing to a seller’s market.

Now is a great time to consider listing your home and taking advantage of the upward trends. If you are thinking about selling, contact me today at (303) 990.2229.

T H E AVE R AGE SOLD PR ICE IN CR E A S E D B Y $ 4 1 ,3 2 4 IN 2020!

WESTRIDGE GLEN 2020 YEAR-END REVIEW OF SOLD HOMES

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

Average Sold Price

Average Price Per Sq. Ft.

7.8% from Year-End 2019

2.7% from Year-End 2019

$573,596

$187

w w w. W e s t r i d g e G l e n H o m e s . c o m Average Days on Market

Average Sold Price/List Price Ratio

Number of Homes Sold

12

100.9%

51

1 Day More than Year-End 2019

1.0% from Year-End 2019

22 More than Year-End 2019

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

JONATHAN AND ANGELA-MARIE,

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: List Status

Address

Active

9458 Wolfe Street

Bedrooms

Total Baths

Estimated Finished Square Feet*

List Price

List Date

2

2

2,700

$589,000

01/15/21

Westridge Glen Homes Currently Under Contract

2021 Housing Forecast +7.0%

Home sales are going up Strong demand and more homes hitting the market equal a healthy rate of growth.

+5.7%

Home prices will hit new heights

65.9%

Homeownership Rate

List Status

Address

Under Contract Under Contract

9562 Desert Willow Way 9445 Wolfe Place

Bedrooms

Total Baths

Estimated Finished Square Feet*

List Price

List Date

3 4

3 3

2,600 2,600

$535,000 $539,900

11/13/20 01/04/21

Westridge Glen Homes Sold in the Last 4 Months

MORTGAGE RATES ON THE MOVE

3.4%

by end of 2021

THE RISE OF THE MILLENNIALS No longer just dominating the entrylevel market, millennials are now taking over as “move up” buyers as they have children and need more space.

KEY HOUSING TRENDS IN 2021 MILLENNIALS AND GEN-Z

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

REMOTE WORK

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

SUBURBAN MIGRATION

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

JONATHAN AND ANGELA-MARIE, Homes in Westridge Glen are in high demand! If you are considering a move, call me today at (303) 990.2229 to take advantage of these new trends.

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

List Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 9141 Ironwood Way 9161 Roadrunner Street 9125 Ironwood Way 9225 Roadrunner Street 9275 Desert Willow Road 9367 Roadrunner Street 9212 Fox Fire Lane 9351 Desert Willow Way 9368 Desert Willow Trail 9201 Roadrunner Street 9205 Ironwood Way 9264 Fox Fire Lane 9254 Ironwood Way 9211 Fox Fire Lane 9202 Fox Fire Lane 9396 Desert Willow Road

Bedrooms Total Baths 5 4 3 4 5 5 4 4 5 3 4 3 3 3 3 2 5 3 5 4 5 4 4 3 4 3 4 4 4 3 4 5

Estimated Finished Square Feet* 4,500 2,200 4,700 3,600 3,700 2,700 2,800 2,500 3,700 3,600 4,500 2,700 3,000 3,200 2,900 4,700

List Price $667,900 $469,900 $660,000 $585,000 $649,900 $529,900 $539,900 $535,000 $550,000 $575,000 $659,900 $539,800 $599,900 $620,000 $559,000 $725,000

List Date 12/05/20 11/20/20 09/16/20 10/29/20 10/16/20 10/22/20 09/17/20 10/01/20 08/13/20 09/03/20 08/27/20 09/12/20 07/08/20 08/12/20 08/13/20 08/22/20

Sold Price $700,000 $498,000 $660,000 $588,000 $663,601 $540,000 $538,000 $554,000 $554,000 $558,000 $645,000 $550,000 $590,000 $600,000 $587,000 $715,000

Sold Date 01/08/21 12/14/20 12/03/20 11/25/20 11/23/20 11/17/20 10/30/20 10/30/20 10/15/20 10/15/20 10/15/20 10/14/20 10/07/20 09/21/20 09/18/20 09/18/20

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. ©2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS between September 17th, 2020 and January 17th, 2021. Listings and sales may not be those of RE/MAX Professionals. The REColorado 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. *Estimated Square Feet Rounded to nearest 100.

Listed and/or sold by RE/MAX Professionals.

GET A FULL-SERVICE HOME BUYING EXPERIENCE WITH MY SIGNATURE LENDER, ALAN CROCKETT ALAN CROCKETT

Branch Manager NMLS ID#230119 (Phone) 303-589-7000 (Fax) 888-881-2242 FairwayIndependentmc.com/Alan-Crockett

7600 E Orchard Rd. Suite 130S Greenwood Village, CO 80111 alan.crockett@fairwaymc.com