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Friday Fun Facts! 10,000 Short
Northern Colorado isn’t the only place with limited inventory.
Metro Denver is short by 10,000 listings.
The average number of homes for sale for this time of year in the Denver area, going all the way back to 1985, is 14,309.
Right now there are 4,084 residential properties on the market. This is a difference of 10,225 listings compared to the long-term average.
The peak was 2008 when there were 25,037 listings. The lowest year was last year with 3,878 (a drop of 21,159 in 9 years?!).
The good news for buyers is that inventory is up 5% compared to last year. Another piece of good news is that the Spring tends to produce the highest amount of inventory for buyers to pick from.
Listings Listings Listings!
So at the moment we keep hearing about a lack of inventory in Northern Colorado. While this is true, we are certainly at super low levels that make it tough for buyers, I have been lucky enough to have a good number of listings this summer. As we head in to the end of summer I want to make sure that everyone out there knows about the listings that I do have, in case they are the right opportunity for you.
7304 McClellan Road in Wellington: This home built by GJ Gardner Homes of Loveland is a 3 bed 3 bath home with a 3 car garage (lucky number 3!) It is a BRAND NEW construction home ready to move it, and priced at $319,360.
7326 McClellan Road in Wellington: This is another BRAND SPANKING NEW home by GJ Gardner Homes of Loveland, with 3 bedrooms, 2 baths, and a 3 car garage. It is a ton of square footage, and a lot of upgraded finishes. It is listed at $391,515. (For some reason the Windermere site isn't pulling the photos, so call me and I'll show it to you!)
300 Shore Court in Terry Shores in North Fort Collins: This one of a kind home has been remodeled, and has Terry Lake rights! 5 bedrooms, 4 bathrooms, and over 4,000 square feet with views that are almost impossible to beat! Come check this beauty out, listed at $635,000!
March KEVCO Newsletter
Check out this month’s newsletter!
November KEVCO Newsletter
May 2012 KEVCO Newsletter
Click above to read about what is going on in the Fort Collins Real estate market today!
New Listing at 2512 W Laurel St!
I just listed a completely remodeled home just west of Colorado State University’s campus, and I wanted to bring it you all of my readers. It is a 3 bedroom, 2 bath bi-level home in an area that would work perfectly for investors or home owners alike.
It has all new flooring throughout (carpet, vinyl, and tile), new paint throughout, and 2 brand new bathrooms! New blinds, new appliances, and repainted kitchen cabinets and new hardware all come together to make this home show wonderfully.
There is a large deck overlooking the large landscaped backyard. If you’d like to take a look at this property or any others on the market please let me know, I’d be happy to show you!
Coming Attraction…
I wanted to let you know about a listing that I have coming up in the next couple of weeks on W Laurel Street. Renovations have just begun on it, and it will have 2 entirely new bathrooms, new flooring, and new paint. It has 2 living areas and is is just west of campus, and about 5 minutes to Old Town. Just a teaser for right now, but as soon as the work is completed I’ll get pics and video up on the blog. If you have any questions or would like a sneak peak at it during the construction phase if you’re interested in buying the property, I can certainly arrange that. Just give me a call or shoot me an email.