Hey Neighbors! Today is Good Friday and Easter just 2 days away. Before jumping into the real estate update this week, I want to make sure you saw my colleague Lisa Palladino’s post Easter Eggs, Baskets, Brunch, Brisket, Pie (and More!) highlighting some fun Easter events and deals this weekend. While many of us look forward to a nice meal with family this holiday weekend, roughly 14% of the people in Colorado don’t know where their next meal will come from. Joe Phillips recently visited We Don’t Waste; a local non-profit helping to address food insecurity throughout the Denver Metro area. Learn more about the organization and how you can help here.
Now, onto Central Park real estate where… drumroll please… the market is the same as it’s been for weeks now. Sorry I don’t have something more exciting to report but housing demand is still high and inventory remains exceptionally low. When a listing is priced well, we’re seeing multiple offers and the home goes under contract for more than the asking price (sometimes drastically more) within the first few days of being on the market. Not only are these bidding war situations burning buyers out, but they’re leaving buyers wondering what they can even afford in Central Park these days. Joe Phillips and Mariel Ross with Focus Real Estate gave us a quick rundown this week of what type of home you can expect to get for each price point in the neighborhood. Check out the video here and keep reading to see the current Central Park housing inventory.
13 new listings hit the market this week (5 south and 8 north of I-70). There’s a mix of townhomes, paired homes and detached single-family homes. Perhaps the most surprising part is that 6 of the listings are over $1,000,000. Here are two I’m loving this week.
Yes, with over 4,000 finished square feet, 4 bedrooms, 4 bathrooms and upgraded finishes throughout, 3547 Boston St is beautiful but, what sets this home apart from so many others is the location. The home sits on a 7,700 sq ft lot overlooking Sand Creek Regional Greenway and 80 acre Central Park at the east end of the Central Park North sub neighborhood. Just one block from the Jet Stream pool, with easy access to Sprouts market, the light rail and rec center. Listed for $1,175,000 by Symantha Rodriguez with LIV Sotheby’s International. Open House: Sat, 4/3/21 12:00-2:00pm.
4978 Valentia St has 3 spacious bedrooms, 3.5 bathrooms, an open-concept main level, low-maintenance turf lawn and a detached 2-car garage but, once again, the location might be the biggest draw. As the sun sets behind the mountains on warn summer nights, you can take in concerts on the green from your west-facing private balcony off the owner’s retreat. You can explore miles of trails out your front door and grab a bite at Torchy’s Tacos on your way back home. Listed for $599,000 by Mariel Ross with Focus Real Estate. Open House: Sat 4/3 1:00-3:00pm
20 properties went under contract this week ranging in price from $288,714 to $1,490,000.
16 properties sold this week (9 south and 7 north of I-70). As always, we want to say “hi and welcome” to all our new neighbors.
There are only 18 active listings right now; 7 are detached single-family homes listed over $1,000,000 and the rest are a mix of detached single-family homes, paired homes and townhomes priced below $750,000. What’s missing from the Central Park market right now are homes priced between $750,000 and $1,000,000. If you’re thinking of selling, now is a great time; especially if your home value falls in that range. Not sure what your home is worth? Feel free to reach out to me and I’ll gladly put together a value analysis for your home… free of charge.
That’s the update for this week. If you don’t have a broker helping with your home search and you’d like to see one of the listed properties, let me know. If you have other real estate questions or you’d like to discuss your own home sale, call/text/email me at (720) 633-6282 email@example.com. Enjoy the beautiful weather and time with family this Easter weekend. Hope it’s a bit more “normal” than last year.
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!