Category: Belcaro

    • January 2016 Market Update for the Bonnie Brae Area

      According to the Denver Metro Association of Realtors, “2015 was a record-smashing year for the residential market posting 55,509 homes sold for a total sales volume of $20.16 billion, up 14.5% from 2014.” The Denver Post proclaimed, “When it comes to metro Denver’s housing market, 2015 will go down as the year when home prices and rents blew the roof off.” Zillow ranked Denver the #1 Housing market for 2016, based on its 2015 performance. The hype is there, and the numbers don’t tell tales: in 2015, Denver metro area property values experienced an average of 14% increase over the last 12 months, largely due to t
      Written by Kim O'Connor
    • Infographic: November 2015 Market Update for the Bonnie Brae Area

      “With inventory levels increasing slightly as compared to last year and homes staying on the market a bit longer, this fall is a great time to buy a home,” said Kirby Slunaker, president and CEO of REcolorado. “After peaking this summer, we’ve seen average sale prices flatten—a trend I expect to continue over the winter months.”

      Compared to last year at this time, there is about 6% more inventory to choose from on the market, and homes are sitting a bit longer, giving buyers back a slight competitive advantage. But pricing remains key to selling a home quickly. Homes that offer extraordinary design, finishes, updates and amenities that are ALSO priced right are still the subject of b

      Written by Kim O'Connor
    • Infographic: October 2015 Market Update for the Bonnie Brae Area

      Homes sold in my Farm
      -July: 24
      -August: 10
      -September: 25
      for a Total of 59 sales over the last 3 months.
      3 Month…
      -Average Sold Price = $785,677
      -Median Sold Price = $637,500
      Price Per Square Foot (total) = $248
      The Denver housing market remains one of the hottest in the country as we coast into Fall, but there is a slight cooling in Denver real estate, even if the fall weather temperatures remain high and decidedly un-autumnal in the Denver Metro area.
      On the macro level, Septemb
      Written by Kim O'Connor

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