The Brian Petrelli Team Blog

Our team has been receiving several emails and calls for The Hearth Highlands Ranch Homes the past month. With the ongoing surge in demand for Highlands Ranch Homes, 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.

Important Market Facts:

• Active The Hearth Homes on the market: 12.
• Active Highlands Ranch Homes on the market: 234.
• There are Currently 12 under contract The Hearth Homes on the market.
• There are currently 279 under contract Highlands Ranch Homes on the market.
• There are 1 Highlands Ranch foreclosures on the market.
• Average prices increased $46,023.00 over the last year from $541,032 to $495,009.

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. Our team is always happy to help. Give us a call today at 303-726-1874.

Our team has a fantastic home coming soon in Villages at Riverdale Thornton Homes:

13411 Spruce St.  Thornton,Co 80602 4 bed, 4 bath  $389,500  This home is to good to pass up!!  The professionally landscaped front and back yards need no attention.   The maple tree out front makes for a very cool morning in the summers.  From the moment you walk in you’ll feel right at home.  The kitchen is very large and open and the bay window helps bring in the natural light and has a great view of the mountains.  The main floor Living room is wired for surround sound and is also available on the covered outdoor patio which includes a ceiling fan and a mount for your TV.  This spacious master has it all. Fireplace, great walk in closet and five piece bathroom.The home has 2 fireplaces.  A three sided fireplace on the 1st floor and another fireplace in the sitting area of the Master Bedroom.  Finished basement w/ living area, bedroom and full bathroom.     Call our team today to schedule a private showing: 303-726-1874

While the current demand from homebuyers continues to outnumber the available homes, we continue to watch the active inventory of Thornton Homes every day, waiting 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.

Some of the Key Points:

• Right now, there are 1 active Villages at Riverdale Homes on the market.
• Right now, there are 219 active Thornton Homes on the market.
• There are Currently 8 under contract Villages at Riverdale Homes on the market.
• There are currently 391 under contract Thornton Homes on the market.
• There are 2 Thornton foreclosures on the market.
• Average prices increased $11,003.00 over the last year from $380,265 to $369,262.

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

Many factors go into a report like this. We can get deeper into the details with your personaly if you would like. 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 excited to announce our newest listing in Park View Commons Centennial Homes.

5468 South Jericho Way Centennial, CO 80015  Park View Commons    $325,000.00

Beds: 4    Fin SqFt: 1762  Baths: 3   Year: 1993    # Of Photos Avail: 25 V-Tour Available:  Yes MLS #: 8231107  Status: Active  Listing Office: Mb The Brian Petrelli Team

Broker Remarks:  Welcome To Park View Commons And This 4 Bedroom Home In The Cherry Creek School District! Cul-De-Sac Living, Close To All The Entertainment And Shopping Southlands Has To Offer. Easy Access To E-470, 225, Parker Road, And Dia. Complete With Vaulted Ceilings, A 5-Piece Master Bath, And Brand New C… More…

Demand for Centennial Homes remains very 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.

Some of the Key Points:

• There are Currently 2 active Park View Commons Homes on the market.
• There are currently 237 active Centennial Homes on the market.
• Under contract Park View Commons Homes on the market: 3.
• Under contract Centennial Homes on the market: 283.
• There are 1 Centennial foreclosures on the market.
• Average prices increased $34,771.00 over the last year from $315,513 to $280,742.

A quick glance at these statistics shows that home prices in Park View Commons Centennial continue to rise year-over-year. Hopefully, this trend continues.

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. Our team is always happy to help. Give us a call today at 303-726-1874.

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Centennial Homes Current Market Activity

237	283	1	1
Active Homes	Under Contract Homes	Active Focreclosures	Under Contract Focreclosures

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Park View Commons Centennial Sold Homes
(Past 3 Years)

18	$266,006	26	$280,742	16	$315,513
2014 Sold	2014 Average Price	2015 Sold	2015 Average Price	2016 Sold	2016 Average Price

Park View Commons Centennial Sold Home Data By Month
(Past 5 Years)

Year	January	February	March	April	May	June	July	August	September	October	November	December
2015	2	0	1	2	0	6	2	2	2	5	3	1
2014	0	1	1	4	1	1	1	4	2	1	2	0
2013	0	0	2	5	3	1	4	7	2	1	3	3
2012	0	1	0	3	2	2	2	2	2	6	3	4
2011	1	1	3	0	2	2	3	5	0	2	0	2

Recent Sold Park View Commons Centennial Homes*:

This is a list of the most recent sold Homes. Visit our website for a complete list of all Sold Park View Commons Centennial Homes.

Address	Sqft	Beds	Baths	Price	Close Date
5764 south jebel way	2288	3	3	$335,000	2016-09-01
20192 east progress place	2065	4	4	$335,000	2016-08-23
5576 south ireland street	1710	3	2	$310,000	2016-08-15
5298 south jebel street	2701	5	4	$349,900	2016-08-05
5572 south jericho way	2498	4	4	$348,000	2016-08-03
20309 east powers place	1535	3	3	$309,900	2016-07-14
5555 south ireland street	2254	4	3	$332,500	2016-07-15
5611 south ireland street	2134	5	4	$355,000	2016-07-05
5615 south himalaya way	1981	3	3	$329,000	2016-06-30
5634 south jericho way	1580	4	2	$299,000	2016-06-27

*This is a list of the most recent sold Homes for the Park View Commons Centennial area. Not all homes were sold by The Brian Petrelli Team.

Based on information from REcolorado®, Inc. for the period 2011 through 2016 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

Clients have been contacting us all month for Bradbury Ranch Parker Homes. With the ongoing surge in demand for Parker 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 is the Market Summary:

• Currently active Bradbury Ranch Homes on the market: 5.
• Currently active Parker Homes on the market: 356.
• There are 11 under contract Bradbury Ranch Homes on the market.
• There are 350 under contract Parker Homes on the market.
• There are 1 Parker foreclosures on the market.
• Average prices increased $28,616.00 over the last year from $400,092 to $371,476.

A quick glance at these statistics shows that home prices in Bradbury Ranch Parker continue to rise year-over-year. Hopefully, this trend continues.

This is a great deal of data compressed into a few charts. Our team is happy to seperate this out into a more manageable report for you to digest. Want more stats or numbers for this or another area? Give us a call today at 303-726-1874.

Sunstream Westminster Homes are receiving a great deal of interest from potential buyers this month. The number of Westminster Homes active and on the market remains lower than the current demand from Buyers. 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 8 active Sunstream Homes on the market.
• There are 174 active Westminster Homes on the market.
• Currently under contract Sunstream Homes on the market: 5.
• Currently under contract Westminster Homes on the market: 246.
• There are 0 Westminster foreclosures on the market.
• Average prices increased $36,174.00 over the last year from $325,687 to $289,513.

A quick glance at these statistics shows that home prices in Sunstream Westminster continue to rise year-over-year. Hopefully, this trend continues.

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.

Commerce city Foreclosures remain in extremely limited supply. Investors continue to fight and drive up bids on the few bank owned homes on the market. This is leaving potential homebuyers struggling to find any foreclosures to bid on. With this low inventory, our team was thrilled to see HUD release this new Eagle creek Commerce city Home .

This Commerce city HUD foreclosure is listed for just $273,000 and has 3 baths, 3 beds, and 1703 finished square feet. Foreclosures in Eagle creek Commerce city don’t hit the market often, and we believe HUD will see multiple offers.

HUD homes typically have a bidding window of only 10-15 days, so if you are interested in seeing this foreclosure in Eagle creek Commerce city, don’t wait. Call us today at 303-726-1874.

Eagle creek Commerce city Home:
9850 kenton circle commerce city 80022 Eagle creek $273,000 est $	Beds: 3      Fin Sq Ft: 1703 Baths: 3     Year: 2005 # of Photos Avail: 16 V-tour Available:  No MLS #: 5364308 Listing Office: metrowest real estate solutions	Broker Remarks:  ready set go! great opportunity with this one! fireplace! open floor plan. finish the basement for more space?!. nice 2 car attached garage! great backyard that backs to greenbelt! this home has it all! lot’s of house for the money! sold as-is. case# 052-386973 call listing agent for details…. more…

The market for Commerce city Homes is constantly changing. Give our team of experts a call so we can help you understand the differences in Denver HUD homes, foreclosures and other homes on the market: 303-726-1874

As we have previously mentioned, the HUD process is different than any other homebuying process. The normal window for owner-occupants to bid (Non-investors) is 10-15 days. After that period, if no bids are accepted, HUD may choose to allow investor bids. Give us a call for more details.

Eagle creek Commerce city Home Summary

Our team has been receiving several emails and calls for Stonegate Parker Homes the past month. While the current demand from homebuyers continues to outnumber the available homes, we continue to watch the active inventory of Parker Homes every day, waiting 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.

Some of the Key Points:

• Right now, there are 11 active Stonegate Homes on the market.
• Right now, there are 363 active Parker Homes on the market.
• There are Currently 29 under contract Stonegate Homes on the market.
• There are currently 346 under contract Parker Homes on the market.
• There are 1 Parker foreclosures on the market.
• Average prices increased $21,303.00 over the last year from $367,026 to $345,723.

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.

Many factors go into a report like this. We can get deeper into the details with your personaly if you would like. Want more stats or numbers for this or another area? Give us a call today at 303-726-1874.

The current market for Denver Foreclosures is still red hot. As the market continues to respond to the lack of available inventory, home buyers are required to make stronger and stronger offers on all types of Denver Homes. This morning we were happily surprised to see HUD release a new listing in Swansea Denver Homes .

Listed at $234,000, this property has 1558 finished square feet, 5 bedrooms and 2 baths. $234,000 is a competitive price for a Home of this square footage in Swansea Denver and we expect to see it sell during the first round of bids.

This is a unique chance to buy a HUD Home in Swansea Denver, so contact our team today at 303-726-1874.

Swansea Denver Home:
5083 adams street denver 80216 Swansea $234,000 est $	Beds: 5      Fin Sq Ft: 1558 Baths: 2     Year: 1956 # of Photos Avail: 20 V-tour Available:  Yes MLS #: 4438892 Listing Office: keller williams realty downtown llc	Broker Remarks:  wonderful ranch in swansea with amazing potential near the park!!! 5 bedroom, 2 bath home! open floor plan with lots of windows and natural light! easy access to parks, downtown denver, highways, shops, and restaurants. this is a hud home sold as-is #052-257063. owner occupant sealed bidding deadlin… more…

Denver HUD homes are not sold like other Denver Homes. Your agent must be registered and approved to make bids with HUD on your behalf. Contact our team of experts to learn more: 303-726-1874

HUD homes typically have a 10-15 day bidding window for potential owner occupants (no investors). Once that 10 day period is over, HUD will choose the “best” bid and award the contract to that buyer.

Swansea Denver Home Summary

There continues to be an incredibly low number of Denver Foreclosures on the market. The lack of inventory for Denver Condos, has forced buyers into bidding wars on limited number of foreclosures that are on the market. So we were excited to see that HUD just recently listed this Candlewyck Denver Condo .

With 1428 square feet, 2 beds and 2 bathrooms, this Condo is priced at just $225,000. $225,000 is a competitive price for a Condo of this square footage in Candlewyck Denver and we expect to see it sell during the first round of bids.

If you are interested in this Candlewyck Denver foreclosure, make sure you contact us today at 303-726-1874 so we can show you the Condo and get you bid placed with HUD.

Candlewyck Denver Condo:
7877 east mississippi avenue denver 80247 Candlewyck $225,000 est $	Beds: 2      Fin Sq Ft: 1428 Baths: 2     Year: 1975 # of Photos Avail: 17 V-tour Available:  No MLS #: 9996619 Listing Office: coldwell banker residential 24	Broker Remarks:  hud* # 052-312637* stunning views from this 10th floor two bed/two bath unit* beautiful kitchen cabinets* open floor plan* spacious enclosed balcony (not counted in sq ft) * three parking spaces* lots of amenities* easy access to shopping /transportation* elevator access to one floor unit* secure … more…

Denver HUD homes are handled differently than other Denver Condos. Your agent must be registered and approved to make bids with HUD on your behalf. Contact our team of experts to learn more!

The initial bidding period for Denver HUDs is normally ten to fifteen days. After those ten days, if no acceptable bid is made, the home may be opened up to potential investor bids. Contact us for more details.

Candlewyck Denver Condo Summary

The current market for Littleton Foreclosures is still red hot. The lack of inventory for Littleton Condos, has forced buyers into bidding wars on limited number of foreclosures that are on the market. HUD helped us out a little by recently releasing a Condo in Reef at marina point Littleton.

Listed by HUD at $211,000, this foreclosure has 1309 finished square feet, 3 beds and 2 baths. HUD homes in Reef at marina point Littleton are rare, so we expect to see lots of activity on this Condo.

This is a very rare opportunity to own a HUD Condo in Reef at marina point Littleton, so don’t waste any time. Give our team of HUD experts a call at 303-726-1874.

Reef at marina point Littleton Condos:
8311 south upham way littleton 80128 Reef at marina point $211,000 est $	Beds: 3      Fin Sq Ft: 1309 Baths: 2     Year: 1983 # of Photos Avail: 12 V-tour Available:  No MLS #: 1878310 Listing Office: re/max alliance	Broker Remarks:  fha insured (in) *this is a great condo in littleton* open living room with fireplace and lots of space*great kitchen with some appliances and lots of cabinet space*there are two bedrooms on the main level and a master on the upper level with a private full bath*this is a great opportunity at this p… more…

Our team can help you with all of active Littleton Condos. Contact our team today at 303-726-1874 to learn the differences in bidding on Denver HUD homes, short sales and traditional resales. In today’s complicated market, you need an expert on your team.

If you are considering buying this HUD home as your primary residence, you have 10-15 days for the date HUD entered the home in the MLS. Investors will have to wait until after potential homeowners bid. Call us for a complete explaination of the process.

Reef at marina point Littleton Condo Summary