Infographic: December 2015 Market Update for Athmar Park

2015 12. Dec - Athmar Park Infographic

Only 1 home on the market currently. Seven new listings with an average price per square foot of $254 and an average list price of $282,367. The average day on the marker was only 4 days. Looking forward to seeing what these sell for!

My favorite for this month is 2201 W Tennessee a gorgeous custom build 1954 brick home with exposed timbers, significant updates and a very unique floor plan. It was listed for $325,000 and went under contract in just 3 days.

Homes with potential and great bones like 865 S Peterson Way are seeing big returns when priced write. This home was listed for $265,900 and sold $17,000 above asking price for $282,900.

Space and good bones are king!

Another great example is 690 S Bryant. It was listed for $115,000 and sold for $27,000 above asking price at $142,000. This home needed tons of work and mold remediation but the lot and price made it a must have for investors.

This month we have 3 sold homes and each totally different as it relates to space and finishes. This month last year 11 homes sold and the average price per square foot sold was $188 with an average sold price of $212,573 & an average of only 10 days on the market. In October we saw 11 homes sell the average price per square foot was $240 with the average sale price was of $247,597.

There are currently 8 homes under contract. The average price per square foot is $243 and the average list price is $274,900.

The demand is great and this is clearly playing out in how quickly inventory is being gobbled up! We will continue to see well priced homes go under contract quickly and with multiple offers to make it a sellers market. At the same time buyers are still getting a deal as Athmar Park provides something for everyone. Great parks, restaurants, proximity to downtown and a strong nit community.

2016 will surely bring with it great remodels and an inventory that will really put Athmar Park on the map!

*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.

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