Susan Hall-Bow Mar & South Bow Mar-March 2021

SUE HALL

Broker Associate | RE/MAX Professionals

BOW MAR SOUTH & BOW MAR

RE/MAX Professionals 8500 W. Bowles Avenue #100 Littleton, CO 80123 303.973.3313

303.956.8445 SusanHall@remax.net www.BowMarsHomes.com

Each Office Independently Owned and Operated.

www.BowMarsHomes.com

Living In and Loving Our Community Since 2005

March 2021 Real Estate Market Report

Visit www.BowMarsHomes.com for community information, current listings, and recent sales.

SOME OF SUE'S SUCCESSFUL 2020 SALES! Are you thinking about selling your home in 2021? Trust your largest asset to the neighborhood expert. Call Sue today at 303.956.8445 or email her at SusanHall@remax.net to get the conversation started.

REPRESENTED SELLER

REPRESENTED SELLER

REPRESENTED SELLER

5600 Morning Glory Lane Bow Mar South Sold for $975,000

4440 Marigold Lane Bow Mar South Sold for $1,225,000

5829 Snowberry Drive Bow Mar South Sold for $950,000

I HAVE BUYERS!

Now is the time to list!

PRESENTED BY SUE HALL

REPRESENTED SELLER

REPRESENTED SELLER

REPRESENTED BUYER

4421 Marigold Lane Bow Mar South Sold for $1,350,000

4421 Sumac Lane Bow Mar South Sold for $1,870,000

4791 Tule Lake Drive Bow Mar South Sold for $2,285,000

Your Bow Mar South & Bow Mar Real Estate Specialist and Neighbor

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

Johnathan and Angela-Marie Williams

BOW MAR SOUTH & BOW MAR MARKET REPORT

SUE HALL

Broker Associate | RE/MAX Professionals

303.956.8445 SusanHall@remax.net www.BowMarsHomes.com

ATTN: Bow Mar South and Bow Mar Homeowners Connect with me on:

I HAVE MOTIVATED & QUALIFIED BUYERS This could be the perfect time to sell your home for the highest price possible. Call me today at 303.956.8445 if you are thinking of selling!

For a complimentary evaluation of your home, call me today at 303.956.8445.

2021 HOUSING FORECAST

Bow Mar South & Bow Mar Homes Currently Listed Status Active

+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

THE RISE OF THE MILLENNIALS

by end of 2021

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

3.4%

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.

Johnathan and Angela-Marie, Homes in Bow Mar South and Bow Mar are in high demand! If you are considering a move, call me today at 303.956.8445 to take advantage of these new trends.

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

Beds 4

Total Baths 4

Estimated Square Feet 3,019

List Price $2,200,000

B ow Mar S outh & B ow Mar Hom e s C urren tly Pen d in g Status Pending

MORTGAGE RATES ON THE MOVE

Neighborhood Bow Mar

Address 5400 Beach Road

Address 4824 Prospect Street

Neighborhood Bow Mar

Beds 6

Total Baths 5

Estimated Square Feet 3,777

List Price $1,950,000

Under Contract Date 01/26/21

Bow Mar South & Bow Mar Homes Sold Since January 1st, 2020 Status Sold Sold Sold Sold* Sold* Sold* Sold Sold Sold* Sold* Sold* Sold Sold Sold Sold Sold Sold Sold Sold Sold* Sold Sold Sold Sold

Address 2 Cove Lane 5829 Snowberry Drive 5800 Wood Sorrel Drive 5600 Morning Glory Lane 4440 Marigold Lane 4421 Marigold Lane 5862 S. Laurel Place 5890 Bellflower Drive 4480 Sumac Lane 4791 Tule Lake Drive 4421 Sumac Lane 4420 Marigold Lane 4601 Homestead Street 4511 W. Wagon Trail Road 5410 Sunset Drive 4701 Prospect Street 4677 W. Wagon Trail Road 4580 W. Wagon Trail Road 5325 Ridge Trail 5131 Juniper Street 5151 W. Wagon Trail Road 4551 Prospect Street 5201 Yellowstone Street 4777 W. Wagon Trail Road

Neighborhood Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar South Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar Bow Mar

Beds 6 3 4 6 4 4 5 6 6 5 6 6 4 6 5 4 4 4 4 6 4 4 5 4

Total Baths 6 3 3 3 4 5 3 4 2 5 6 5 5 5 5 3 4 4 3 7 4 5 3 4

Estimated Square Feet 7,958 2,363 2,517 3,483 2,186 2,334 2,714 1,898 1,753 3,443 4,295 4,814 3,521 3,500 3,096 3,132 3,387 2,594 3,316 5,294 3,775 5,082 1,980 2,322

List Price $5,400,000 $940,000 $1,000,000 $1,099,000 $1,225,000 $1,350,000 $899,000 $625,000 $1,550,000 $2,465,000 $1,900,000 $1,825,000 $1,634,000 $2,100,000 $2,000,000 $1,725,000 $1,699,000 $1,300,000 $1,350,000 $3,150,000 $1,850,000 $1,650,000 $1,250,000 $1,500,000

Sold Price $5,400,000 $950,000 $915,000 $975,000 $1,225,000 $1,350,000 $905,000 $620,000 $1,250,000 $2,285,000 $1,870,000 $1,825,000 $1,600,000 $2,110,000 $1,950,000 $1,650,000 $1,600,000 $1,325,000 $1,350,000 $2,922,800 $1,825,000 $1,587,500 $1,270,000 $1,475,000

Sold Date 01/19/21 12/23/20 09/25/20 06/17/20 06/15/20 06/12/20 06/11/20 05/22/20 04/13/20 03/06/20 03/05/20 03/02/20 12/15/20 12/11/20 11/04/20 10/14/20 10/09/20 08/28/20 08/18/20 07/13/20 07/08/20 06/30/20 05/29/20 01/10/20

Sue Hall, The RE/MAX Collection, and RE/MAX Professionals are not in any way affiliated with Bow Mar South or Bow Mar Owners Association, nor is this in any way an official advertisement or publication of Bow Mar South or Bow Mar. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado MLS between January 1st, 2020 and February 10th, 2020. 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. *Asterisked properties were not listed or sold by RE/MAX Professionals.

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