The Brian Petrelli Team Blog

Southwind Centennial Homes is always popular, and this new listing is going to move fast:

As Buyers continue to far outnumber Sellers, we are checking the inventory of Centennial Homes every day, watching for properties as they are entered into the MLS. As we were researching properties for one of our clients, we created this report and thought it may help some of you in the market.

Here is the Market Summary:

• There are 1 active Southwind Homes on the market.
• There are 86 active Centennial Homes on the market.
• There are 2 under contract Southwind Homes on the market.
• There are 195 under contract Centennial Homes on the market.
• There are 0 Centennial foreclosures on the market.
• Average prices increased $71,105.00 over the last year from $361,275 to $432,380.

Keep reading our blog for the latst market stats as we will continue to report on the sales data as it is released.

This is a great deal of data aggregated into a few charts. We would be happy to seperate this out into a more manageable report. Today’s market is constantly changing. Contact us today to get more details on this, or any other neighborhood: 303-726-1874.

Everyone knows the real estate market in the Denver Metro area is hot. Most analysts don’t anticipate a slowdown in rising prices in the near future.

We’ve heard from quite a few buyers recently that they are going to “wait a year to buy.” Reasons vary among buyers, but most tell us that they are going to use the year to save more for a down payment so that they can lower their monthly payments and afford a bigger home.

While I always applaud taking a conservative approach to saving and investing, most people aren’t factoring in all the variables when they make this decision.

While home prices continue to appreciate by 10% each year, we are also seeing slowly rising interest rates and indications that rates are set to increase more in 2019.

The chart below shows the change over the past year for the average priced home in Metro Denver, and the anticipated change in 2019. The chart also shows the mortgage payment based on the purchase price and the current mortgage rate.

As you can see, not only will waiting a year cost you over $40,000 to buy the same home, but with the rising interest rates, your purchasing power will decrease even more. (We used a low estimate of 5% to figure the mortgage payment for 2019. Some mortgage professionals are saying that 5.5% is not out of the question.)

Everyone has various reasons for waiting to buy, but our job is to help you make the most informed decision.

We have access to several down payment assistance mortgage programs as well as our populare rent to own program that can help you get into a home now.

If you have any questions, please feel free to contact us.

Our team has heard from several of you asking about Tresana Highlands Ranch Townhomes the past month. With the continued surge in demand for Highlands Ranch Townhomes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. We recently prepared this report for one of our clients, and thought it was worth sharing here.

Some of the Key Points:

• Active Tresana Townhomes on the market: 3.
• Active Highlands Ranch Townhomes on the market: 28.
• There are Currently 3 under contract Tresana Townhomes on the market.
• There are currently 34 under contract Highlands Ranch Townhomes on the market.
• There are 0 Highlands Ranch foreclosures on the market.
• Average prices increased $2,825.00 over the last year from $548,889 to $551,714.

We love reporting on positive numbers, and any chart showing year-over-year increases is welcome news.

This data can be a bit complicated. We are always happy to focus our reports or send you more specific details at your request. Our team is always happy to help. Give us a call today at 303-726-1874.

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Tresana Highlands Ranch Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2017	5	3	2	7	5	6	1	6	6	3	6	3
2016	1	7	2	5	5	5	7	5	4	1	3	3
2015	3	5	0	5	2	2	4	3	4	4	4	2
2014	2	0	4	3	2	1	4	2	3	5	1	4
2013	0	3	1	1	2	0	0	2	3	2	1	1

Recent Sold Tresana Highlands Ranch Townhomes*:

This is a list of the most recent sold Townhomes. Visit our website for a complete list of all Sold Tresana Highlands Ranch Townhomes.

Address	Sqft	Beds	Baths	Price	Close Date
9563 Firenze Way	3097	3	3	$757,500	2018-03-09
9475 Loggia Street	1601	2	2	$417,000	2018-02-23
9482 Loggia Street	1601	2	2	$405,000	2018-03-06
9508 Pendio Court	1828	2	3	$525,000	2018-03-02
9338 Sori Lane	1828	2	3	$520,000	2018-02-16
3014 Veneto Court	3647	3	3	$775,000	2018-01-31
3498 Cascina Place	1524	2	2	$394,000	2018-01-25
9365 Sori Lane	3458	3	3	$820,000	2017-12-31
9155 Viaggio Way	2028	3	3	$570,000	2017-12-29
3454 Cascina Place	1568	2	2	$391,716	2017-12-08

*This is list of the most recent sold homes for the Tresana Highlands Ranch area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2013 through 2018 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

Contact Us Today For More Information
303-726-1874

Several new clients have been contacted us this month asking about Grant Ranch Littleton Homes. As Buyers continue to far outnumber Sellers, we are checking the inventory of Littleton Homes every day, watching for properties as they are entered into the MLS. We recently prepared this report for one of our clients, and thought it was worth sharing here.

Here is the Market Summary:

• There are Currently 4 active Grant Ranch Homes on the market.
• There are currently 202 active Littleton Homes on the market.
• There are Currently 4 under contract Grant Ranch Homes on the market.
• There are currently 361 under contract Littleton Homes on the market.
• There are 1 Littleton foreclosures on the market.
• Average prices increased $162,925.00 over the last year from $526,050 to $688,975.

Keep reading our blog for the latst market stats as we will continue to report on the sales data as it is released.

There is a lot of data here, and it can be a bit overwhelming. We would be happy to prepare a smaller, more specific report for you. Want more stats or numbers for this or another area? Give us a call today at 303-726-1874.

Willow Park Broomfield Homes are receiving a great deal of interest from potential buyers this month. With the continued surge in demand for Broomfield Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. One of clients is preparing to make on offer on a home in the area, and we prepared this statistical report for them. We though it may help some of you as well.

Here are some of the Market Highlights:

• There are Currently 0 active Willow Park Homes on the market.
• There are currently 85 active Broomfield Homes on the market.
• Currently under contract Willow Park Homes on the market: 1.
• Currently under contract Broomfield Homes on the market: 141.
• There are 0 Broomfield foreclosures on the market.
• Average prices decreased $3,211.00 over the last year from $436,500 to $439,711.

We will continue to watch this market and report the data here. Hopefully we will see an upward trend in the coming months.

While this is a wide overview of the market, we can create a more focused, personalized report for you. If you would like our team to complete a detailed market review for your neighborhood. Just give us a call at 303-726-1874.

Willow Park Broomfield Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2017	1	1	2	2	2	4	0	2	3	2	1	3
2016	2	1	1	4	5	4	2	2	0	1	2	4
2015	1	1	1	2	2	5	1	1	2	3	2	1
2014	0	0	3	3	4	3	4	3	2	3	2	2
2013	0	3	0	1	3	2	4	1	0	2	2	1

Recent Sold Willow Park Broomfield Homes*:

This is a list of the most recent sold Homes. Visit our website for a complete list of all Sold Willow Park Broomfield Homes.

Address	Sqft	Beds	Baths	Price	Close Date
4570 West 124th Avenue	1681	3	3	$440,000	2018-01-31
4882 Yates Circle	2992	4	4	$448,000	2018-01-31
5155 West 126th Circle	2219	3	4	$386,500	2017-12-22
12446 Vrain Circle	1369	3	2	$375,000	2017-12-08
12695 Wolff Street	2510	4	4	$475,000	2017-12-04
4885 West 125th Avenue	1369	3	2	$400,000	2017-11-15
4855 West 127th Place	2310	3	4	$438,000	2017-10-13
12645 Wolff Street	3377	4	4	$495,000	2017-10-11
12584 Utica Street	1789	3	3	$403,000	2017-09-29
12720 Xavier Street	2082	3	2	$426,900	2017-09-27

*This is list of the most recent sold homes for the Willow Park Broomfield area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2013 through 2018 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

Contact Us Today For More Information
303-726-1874

We are constantly watching the housing market in Penterra Plaza Denver Condos. As Buyers continue to far outnumber Sellers, we are checking the inventory of Denver Condos every day, watching for properties as they are entered into the MLS. As we were researching properties for one of our clients, we created this report and thought it may help some of you in the market.

Recent Market Stats:

• There are Currently 6 active Penterra Plaza Condos on the market.
• There are currently 632 active Denver Condos on the market.
• Right now, there are 0 under contract Penterra Plaza Condos on the market.
• Right now, there are 823 under contract Denver Condos on the market.
• There are 0 Denver foreclosures on the market.
• Average prices decreased $140,503.00 over the last year from $496,500 to $637,003.

Keep reading our blog for the latst market stats as we will continue to report on the sales data as it is released.

Please remember these stats are a broad overview and encompase a great deal of data. We can get more detailed for you upon request. Want more stats or numbers for this or another area? Give us a call today at 303-726-1874.

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Penterra Plaza Denver Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2017	1	0	1	3	1	1	1	2	2	3	1	3
2016	1	2	0	3	0	0	1	3	0	1	0	1
2015	0	1	1	1	4	5	2	3	2	1	2	2
2014	1	0	0	0	2	2	0	0	1	0	1	1
2013	0	0	0	0	0	0	0	0	0	0	0	1

Recent Sold Penterra Plaza Denver Condos*:

This is a list of the most recent sold Condos. Visit our website for a complete list of all Sold Penterra Plaza Denver Condos.

Address	Sqft	Beds	Baths	Price	Close Date
8100 East Union Avenue	1560	2	2	$523,000	2018-03-02
8100 East Union Avenue	1607	2	2	$440,000	2018-01-02
8100 East Union Avenue	1560	2	2	$530,000	2017-12-29
8100 East Union Avenue	1607	2	2	$492,500	2017-12-20
8100 East Union Avenue	1109	1	1	$385,000	2017-12-08
8100 East Union Avenue	1560	2	2	$525,000	2017-11-20
8100 East Union Avenue	1607	2	2	$529,000	2017-10-31
8100 East Union Avenue	1990	2	2	$700,000	2017-10-26
8100 East Union Avenue	1607	2	2	$524,950	2017-10-03
8100 East Union Avenue	1109	1	1	$380,000	2017-09-19

*This is list of the most recent sold homes for the Penterra Plaza Denver area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2013 through 2018 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

Contact Us Today For More Information
303-726-1874

Our team has a great opportunity coming up in Sunstream Westminster:

8810 W 92nd Place  Westminster, Co 80021 $338,000 Beautiful ranch style home on cul de sac, very large lot.  This 5 bedroom 2 bath home has a main floor study/den/office and a full finished basement with an attached. 1 car-garage.  All appliance are included – updated baths new exterior paint, newer roof, gutters and windows, and water heater. Storage shed, hot tub, fire–pit and tons of gardening space. Huge front covered front porch. Great Close to park, schools and shopping.

With the continued surge in demand for Westminster Homes, we are searching the MLS every day for new listings and updating our clients on recent sold prices. Yesterday we created this statistical report for one of our homebuyers, and wanted to post the information here as well.

Here are some of the Market Highlights:

• Active Sunstream Homes on the market: 0.
• Active Westminster Homes on the market: 87.
• There are 3 under contract Sunstream Homes on the market.
• There are 179 under contract Westminster Homes on the market.
• There are 0 Westminster foreclosures on the market.
• Average prices increased $16,290.00 over the last year from $322,960 to $339,250.

We love reporting on positive numbers, and any chart showing year-over-year increases is welcome news.

While this is a general overview of the current market, we can create a more detailed, personalized report for your needs. The market is always changing. Call one of our agents today at 303-726-1874 to talk about your specific needs.

We are constantly watching the housing market in Stonegate Parker Townhomes. Demand for Parker Townhomes remains incredibly high as Buyers continue to work to find homes on the market. We know the challenging market is creating a rough time for many buyers. We wanted to share some of the most recent statistics here.

Recent Market Stats:

• There are Currently 0 active Stonegate Townhomes on the market.
• There are currently 43 active Parker Townhomes on the market.
• Under contract Stonegate Townhomes on the market: 10.
• Under contract Parker Townhomes on the market: 93.
• There are 0 Parker foreclosures on the market.
• Average prices increased $31,122.00 over the last year from $256,068 to $287,190.

It’s always nice to see prices in Stonegate Parker rise steadily year-over-year. We’ll see if this trend continues in the months to come.

Please remember these stats are a broad overview and encompase a great deal of data. We can get more detailed for you upon request. Want more stats or numbers for this or another area? Give us a call today at 303-726-1874.

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Stonegate Parker Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2017	12	11	25	27	19	32	23	37	24	29	16	14
2016	7	14	14	21	22	19	36	27	22	18	20	20
2015	12	21	17	29	24	44	26	25	21	23	12	21
2014	7	14	12	20	24	30	31	19	23	27	18	10
2013	13	10	12	13	24	28	37	34	21	21	23	19

Recent Sold Stonegate Parker Townhomes*:

This is a list of the most recent sold Townhomes. Visit our website for a complete list of all Sold Stonegate Parker Townhomes.

Address	Sqft	Beds	Baths	Price	Close Date
9557 Pearl Circle	1466	3	2	$295,000	2018-03-15
9381 Ashbury Circle	1426	3	4	$312,000	2018-03-19
16611 Las Ramblas Lane	933	1	1	$235,000	2018-03-16
9454 Ashbury Circle	1561	3	4	$317,000	2018-03-09
16611 Las Ramblas Lane	1296	2	2	$280,000	2018-02-26
9569 Pearl Circle	1436	3	2	$287,500	2018-02-22
9558 Pearl Circle	1554	3	4	$300,000	2018-02-16
9527 Pearl Circle	1146	2	2	$254,000	2017-06-30
9438 Ashbury Circle	1097	2	2	$255,000	2018-01-25
9558 Pearl Circle	2279	4	4	$316,500	2018-01-24

*This is list of the most recent sold homes for the Stonegate Parker area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2013 through 2018 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

Contact Us Today For More Information
303-726-1874

Our team has heard from several of you asking about Diamond Ridge Estates Castle Rock Homes the past month. The number of Castle Rock Homes active and on the market remains lower than the current demand from Buyers. We recently prepared this report for one of our clients, and thought it was worth sharing here.

Some of the Key Points:

• Right now, there are 5 active Diamond Ridge Estates Homes on the market.
• Right now, there are 331 active Castle Rock Homes on the market.
• There are Currently 1 under contract Diamond Ridge Estates Homes on the market.
• There are currently 262 under contract Castle Rock Homes on the market.
• There are 0 Castle Rock foreclosures on the market.
• Average prices increased ($279,400.00) over the last year from $1,029,300 to $749,900.

It’s always nice to see prices in Diamond Ridge Estates Castle Rock rise steadily year-over-year. We’ll see if this trend continues in the months to come.

This data can be a bit complicated. We are always happy to focus our reports or send you more specific details at your request. We’re here to help. Give us a call today for more information on this, or any other neighborhood in the Metro Denver area.

We are constantly watching the housing market in Dream House Acres Centennial Homes. As Buyers continue to far outnumber Sellers, we are checking the inventory of Centennial Homes every day, watching for properties as they are entered into the MLS. As we were researching properties for one of our clients, we created this report and thought it may help some of you in the market.

Here is the Market Summary:

• There are 1 active Dream House Acres Homes on the market.
• There are 70 active Centennial Homes on the market.
• Right now, there are 4 under contract Dream House Acres Homes on the market.
• Right now, there are 217 under contract Centennial Homes on the market.
• There are 0 Centennial foreclosures on the market.
• Average prices decreased $25,003.00 over the last year from $443,750 to $468,753.

Keep reading our blog for the latst market stats as we will continue to report on the sales data as it is released.

Please remember these stats are a broad overview and encompase a great deal of data. We can get more detailed for you if you would like. Today’s market is constantly changing. Contact us today to get more details on this, or any other neighborhood: 303-726-1874.

Dream House Acres Centennial Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2017	2	1	2	0	2	5	3	5	1	2	3	4
2016	4	4	4	5	1	3	1	2	3	3	1	1
2015	3	1	4	3	2	3	3	2	3	1	1	5
2014	3	1	2	2	3	1	4	5	5	3	1	4
2013	5	3	0	3	3	3	3	3	5	4	2	3

Recent Sold Dream House Acres Centennial Homes*:

This is a list of the most recent sold Homes. Visit our website for a complete list of all Sold Dream House Acres Centennial Homes.

Address	Sqft	Beds	Baths	Price	Close Date
6015 South Milwaukee Way	2520	4	2	$550,000	2018-02-07
2927 East Euclid Place	1746	3	2	$389,999	2018-02-26
2706 East Euclid Avenue	1888	4	3	$350,000	2017-12-29
3122 East Weaver Avenue	2160	4	3	$365,000	2017-12-26
2795 East Peakview Avenue	2757	5	3	$503,000	2017-12-21
2888 East Euclid Avenue	1998	4	2	$376,000	2017-12-07
3153 East Weaver Place	2949	4	3	$443,000	2017-11-13
5930 South Detroit Street	5381	4	5	$956,000	2017-10-30
2785 East Euclid Avenue	2619	5	3	$410,000	2017-11-09
2752 East Caley Avenue	2558	4	2	$430,000	2017-11-09

*This is list of the most recent sold homes for the Dream House Acres Centennial area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2013 through 2018 Note: This representation is based in whole or in part on content supplied by REcolorado®, Inc. REcolorado®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by REcolorado®, Inc. may not reflect all real estate activity in the market.

Contact Us Today For More Information
303-726-1874