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    Author Archives: Rick Scott

    • January 2016 Market Update for Berthoud West

      January 2016 Market Update for Berthoud West

       

      With a total of 71 active SFH and ATD properties, overall inventory is up by 3 (68 on last report). Average sales price for single family homes is back down  to a more modest $383,247 after last periods run on luxury homes in the area put it at $473,693.  Average price per square foot is also back down to $131. Number of sales is down slightly which is to be expected for this time of year. At the end of the day the market is holding pretty steady when expected seasonal down turns are factored in and anomalies are factored out. Average days on market is back down to 81 for SFH and 63 for

      Written by Rick Scott
    • Infographic: December 2015 Market Update for Berthoud West

      Infographic: December 2015 Market Update for Berthoud West

      With a total of 68 active SFH and ATD properties, overall inventory is dropping (85 on last report). Average sales price for single family homes is up quite a bit as we had quite a few higher priced properties sell over this period. Average price per square foot is up, again, resulting from the sale of some more expensive high-end homes. Number of sales is down slightly which is to be expected for this time of year. The skinny is that the market is holding pretty steady when expected seasonal down turns are factored in. Average days on market has gone up quite a

      Written by Rick Scott
    • Infographic: November 2015 Market Update for Berthoud West

      Infographic: November 2015 Market Update for Berthoud West

      With a total of 85 active SFH and ATD properties, inventory is pretty steady (87 on last report). Average sales price is slightly up for both single family homes (SFH) and attached dwellings (ATD). Average price per square foot is slightly down. Number of sales is down slightly which is to be expected for this time of year. What this all adds up to is that the market is holding pretty steady. There were no major changes in the numbers. That means its still a sellers market but not wildly so. Said another way, the Berthoud area is a relatively balanced market with the nod to sellers. Average days on market is just over a month for SFH and 85 days for ATD. Moving forward I’d expect things to ho

      Written by Rick Scott
    • Infographic: September 2015 Market Update for Berthoud West

      Infographic: September 2015 Market Update for Berthoud West

      Fall is a beautiful time and real estate is looking good as well. The real estate in Berthoud and west is still on the rise. We are up on most factors since last month and well ahead of last year at this same time. Average price is up, interest rates are up (but still at historic lows), inventory is up, days on market is up, land sales are up and most importantly the out look is up. Its still a good time to be a seller but being a buyer is becoming less frenetic.

      For some time now it has been a strong sellers market, meaning sellers do really well and buyers have to scramble. Any of you that have been party to a multiple offer deal know exactly what I’m talking about. While it is sti

      Written by Rick Scott




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