Our team is working with a client looking to sell their home in the Bear Valley subdivision in the next few weeks. As we were pulling up market activity, we produced this report detailing all of the sold homes in the area and wanted to share it here.
As you’ll see, homes in the area are moving fast. The average days on market for the entire area for the past 6 months was 47. That is leaps and bounds above the numbers from the past few years. An even more accurate number for the days on market is the “Median Total Days on Market.” This number is a better representation that the average as it removes any extreme outliers that may affect an average. The median DOM is a whopping 22!
As this chart can attest, buyers need to move quick in this market. Waiting too long on a home can cost you. And Sellers, now may be the best time in years to get your home on the market.
Give our team a call at 303-726-1874 to learn more and to get an evaluation for any of the available Denver homes.
Bear Valley Subdivision Sold Homes:
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| Original | List | Sold | Net Sold | |||||||||||||||
| Average Price | $257,348 | $256,072 | $252,138 | $237,275 | ||||||||||||||
| Median Price | $239,900 | $239,900 | $238,900 | $234,500 | ||||||||||||||
| Avg Price/SqFt | $152 | $151 | $149 | $142 | ||||||||||||||
| Avg Price/Fin SqFt | $115 | $114 | $112 | $106 | ||||||||||||||
| Avg Price/Acre | $1,030,993 | $1,024,615 | $1,011,256 | $950,631 | ||||||||||||||
| Avg Price/Avg List | 98.46 % | 92.66 % | ||||||||||||||||
| Avg Price/Avg Orig | 97.98 % | 92.20 % | ||||||||||||||||
| Median Price/Avg List | 99.58 % | 97.75 % | ||||||||||||||||
| Median Price/Avg Orig | 99.58 % | 97.75 % | ||||||||||||||||
| Lowest Price | $169,900 | $169,900 | $169,000 | $34,400 | ||||||||||||||
| Highest Price | $344,900 | $344,900 | $344,000 | $325,000 | ||||||||||||||
| High/Low Range | $175,000 | $175,000 | $175,000 | $290,600 | ||||||||||||||
| Mode Price | $330,000 | $330,000 | ||||||||||||||||
| Volume Price | $6,433,712 | $6,401,800 | $6,303,468 | $5,931,888 | ||||||||||||||
Based on information from Metrolist®, Inc. for the period November 2012 through May 2013 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.