November 2015 Market Update for Berthoud East

There are 3 current listings in Berthoud east ranging in price from $2,349,000 for a large estate acreage horse property to $465,000 smaller farm house acreage property. Also one neighborhood property in serenity ridge.listed at $565,000..

Berthoud east continues to have a wide range in properties for sale.. Average price per sq foot is $149.00.With a low inventory of homes in the $250,000 to $350,000 price range. However to the west 2 new home builders have broken ground off of Spartan ave. Dream Finder homes and St Aubyn homes Both will be priced from the 300′s. This should help with the low inventory and add more affordable homes in Berthoud.

Two properties closed in Berthoud east this past month. Both are in Serenity Ridge. St Aubyn continues to close out their build in the neighborhood.

Serenity Ridge has amazing views and large lot sizes.. The developer has opened up the remaining lots for sale. It would be nice to see a builder come in and finish the neighborhood out.
The market in Berthoud east continues to move. Still very low inventory.Overall home values continue to increase at a steady pace.

I believe with the new development off 1-25 we will see more interest in Berthoud. Home values will continue to rise with the new demand.

*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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