We have 2 new Central Park listings that just hit the market to tell you about! So grab a cup of coffee, have a seat and check out our latest Friday edition of “This Week in Central Park Real Estate”! As always you’ll find info on all the newest listings, under contract homes and sold deals.
Before we jump into the listings we wanted to provide something that may help fatigued or stressed home buyers. Homebuying is tough right now, no doubt about it. So we just want to make sure you’ve considered all your options. Central Park is lucky enough to have resale homes and new build homes. Kailee Ackerman from our team made this Youtube video to help you think through the pros and cons of both paths.
Ok let’s jump into the listings now!
New Listings
13 new listings went on the market in Central Park this week. Not nearly enough to make a dent in buyer demand right now but hey…we’ll take it! Below are a few of our favorites that we expect will be gone by Monday.
5994 Beeler Ct:
This bright, West facing, like-new Parkwood “Brookline” home has mountain views, spectacular sunsets and owned solar to keep the bills down. Plus flip through the photos in the link above or check out this 360 virtual tour… it’s like a model home! I don’t expect this one to last beyond the weekend. It has many of our buyers are looking for such as 10 ft ceilings, custom built-ins, gas fireplace, wainscoting, and shaker style cabinets. (just to name a few!) This one is completely move in ready, you wouldn’t need to change a thing. This home is listed by Mariel Ross with Focus Real Estate. (Want to see the home or have questions? Mariel can be reached at (720) 320-3536)
9173 E 36th Ave:
This Infinity home, Listed by our friend Jason Cummings with Compass Real Estate, fronts on to Jet Stream pool and park in coveted Central Park North. It’s a great quiet location with virtually no through traffic, yet you’re just minutes from the light rail station, highway access and the Sprouts grocery store! This is another listing that looks like a model home! I love the open main level, the office with barn door and the open loft upstairs. Other unique things to love about this home? How about three. First off, you can tell it gets great natural light throughout the home. Second, check out the double murphy bed in one of the upstairs bedrooms. (Just cool, I don’t see that often). Third, check out the custom cabinetry they did in the master bedroom closet.
8694 Martin Luther King Blvd:
Beautiful Wonderland town home directly across from 80 acre Central Park! This townhome, listed by Stacy Grissom and Kailee Ackerman from our team at Focus Real Estate, just hit the market last night. Buyers will love the 10 ft ceilings, gas fireplace, open layout, finished basement and low maintenance backyard. Plus this one is vacant so no long leaseback needed…you can close and move in May! For more info check out this 360 virtual tour or contact Stacy at (720) 475-0528.
Under Contract Listings
There were 11 homes that went under contract in Central Park this week. Interesting to note that 9 of the 11 were sold in 4 days or less! In this market if you’re selling it’s typically gone in the first weekend, so most of our sellers get out of that house for the weekend. Another perk of being a seller these days (besides having all the leverage!) is you only have to be inconvenienced by showings for a few days.
Sold Homes
10 homes closed this week in Central Park. Take a minute to scan through what some of these sold prices. We’re thinking about renaming this section to 🤯!
Available For Lease Homes
Not ready to buy and want to rent for a while first? Rental homes are about as hard to find as for sale homes, but we’ve listed a few in the neighborhood in the link above.
All Active Listings
There are just 14 total active listings in the neighborhood right now. Of those only 8 are below $1.0M. If you think about it that means in the market below $1.0M we have less than 1 available home for sale out of each 1,000 homes that exist in the market!
Home inventory levels are typically gauged by how many “months” of home supply exist on the market. If there are 4-6 months of home inventory available on the market (meaning it would take buyers 4-6 months to absorb the existing homes if no more became available) that indicates a “balanced” market. Right now we have 1 “WEEK” (not month) of inventory! This explains why the scales are completely tipped in seller’s favor at the time being.
(Wow. Is this sustainable? This podcast I listened to while jogging this week made some good points. If you’re curious about the future of the real estate market you may like it.)
Lastly, before we go we wanted to mention our active buyer list in the area. These are clients we’re working with at Focus Real Estate who are ready to buy but just need homes to purchase. If you have a home that could fit any of the buyer needs below we’d love to chat!
Focus Buyer Needs:
- Around $1.2M. Parkwood, Thrive, or Infinity with views or proximity to open space.
- $1.2M or less. Central Park North or Central Park West, 4+ beds upstairs
- $1.15M or less. Parkwood or Infinity with 4 beds up, finished basement, mudroom & good pantry
- $1.1M or less. Looking for a Parkwood. Prefer north of I-70. Minimal carpet desired
- $950k or less. South side of I-70 preferred, 4+ bed / 4+ bath, office space needed, larger yard, larger bedrooms
- $925k or less. South side of I-70 preferred, 4+ beds, finished basement preferred
- $900k or less. CalAtlantic single-family in Northfield.
- $900k or less. 4+ beds, more yard the better
- $900k or less. North side of I-70 preferred, minimum 4 bedrooms (ideally 5), separate master suite (late summer or early fall move-in preferred)
- $900k or less. Single family home in Willow Park East or Northfield area preferable. Ideally Thrive or Lennar.
- Around $850k. North or south of I-70. 3-4 beds and an office.
- Around $800k. 4 bed (or 3 + office), preferably south of I-70, at least a small yard.
- $650k or less. 3+ bed / 3+ bath, Craftsman style courtyard home with a finished basement
- $650k or less. South end or Central Park West. Single family or paired.
- $650k or less. North of I-70. Single-family or paired home with a finished basement
- $500k or less. 2+ bed / 2 bath, south side of I-70 preferred, attached or detached
- Infinity Vue II or III. North or south of I-70
- KB Starlight (any floor plan)
- Wonderland Cimarron south of I-70
- Income qualified with a main floor master. North or south of I-70
- Income qualified that allows up to 90% AMI ideally with covered parking space or garage
- Income qualified with 3 bedrooms. North or south of I-70
That’s a wrap for our real estate update this week. Have a fun weekend and as always, if you need assistance with your move we’d love to help. My contact info is below and our whole team is here to serve. Have a great weekend!
**Focus sells homes starting at 1.5% listing commissions when we’re your agent on the next purchase, and just 2.0% even if we aren’t helping you buy! Neighborhood experts with commissions customized to fit the situation. My contact info is below to learn more!**
Disclaimer:
Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!
