January 2016 Market Update for Golden

Jason Quade Downtown Front Q4

Overall, there is a bit more inventory currently on the market in the Golden area than there was this time last year (Jan 2015). On the other hand, there were more sold properties (Dec 2015) than there were the previous year (Dec 2014). While it’s still considered a Seller’s market in most Golden neighborhoods, hopefully, we will see more and more inventory come on the market this spring that will lead to a more balanced market for buyers and seller in 2016!

Golden Neighborhood Stats

Downtown Golden
Total Volume Sold in Dec 2015 = $745,000
Avg Sold Price = $372,500
Avg PSF Total = $245
Avg Days on Market (DOM) = 18
There are currently 7 Active/Available properties (ranging in price $379,900 to $1,200,000) and 2 Under Contract ($487,500 and $935,000). On average, properties are currently selling for 90% of list price.

Applewood Mesa
Total Volume Sold in Dec 2015 = $3,306,365
Avg Sold Price = $413,296
Avg PSF Total = $151
Avg Days on Market (DOM) = 49
There are currently 10 Active/Available properties (ranging in price $379,000 to $2,490,000) and 8 Under Contract (ranging from $395,000 to $1,100,000). On average, properties are currently selling for 96% of list price.

Mesa Meadows
Total Volume Sold in Dec 2015 = $1,140,000
Avg Sold Price = $570,000
Avg PSF Total = $234
Avg Days on Market (DOM) = 74
There are currently 0 Active/Available properties and 1 Under Contract (Listed at $739,000). On average, properties are currently selling for 99% of list price.

Beverly Heights
Total Volume Sold in Dec 2015 = $595,000
Avg Sold Price = $595,000
Avg PSF Total = $168
Avg Days on Market (DOM) = 0* *Note – This was an off market listing
There are currently 2 Active/Available properties (Listed at $489,000 and $815,000) and 1 Under Contract (Listed at $665,000). On average, properties are currently selling for 100% of list price.

Fossil Trace
Total Volume Sold in Dec 2015 = $0
Avg Sold Price = n/a
Avg PSF Total = n/a
Avg Days on Market (DOM) = n/a
There are currently 0 Active/Available properties and 0 Under Contract.

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*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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