The weather is finally getting warmer indicating summer is just around the corner. The real estate market is also getting warmer. Yesterday we saw 16 brand new listings in Central Park!! For those of you in the real estate market, or know someone who is, you know how brutal the buying side has been the past few months. And, on the flip side, if you’re looking to sell your home, this is the time to shine. Never before have home values been so high as well as buyer demand.
If you are looking to capitalize on the market with selling your home but are wondering what options you have to purchase your new home in the neighborhood, have no fear. The final neighborhood of the North End has broken ground and many of the builders are well underway.
Here at Focus Real Estate, we are neighborhood experts who are constantly checking in with all the builders in the North End. While there are a few builders who are completely sold out, there are still several builders who have homes available, and there are still builders who have not opened yet in the neighborhood. If you’d like to stay up to date with all the new builds in the neighborhood, simply sign up at HomesInNorthEnd.com. Upon signing up we will send you our builder cheat sheet which breaks down all the builders, the likely all-in cost, as well as extra information to know about each series of homes available. If there is a specific builder you’re interested in, shoot me an email at [email protected] and I’d love to connect and discuss your options.
Speaking of new build homes, if you’ve been watching the local news here in Denver, you’ve likely seen one of the news stories covering the rising cost of building a home. Mariel Ross discusses what that looks like in our neighborhood in Hot Central Park news: Skyrocketing costs & buyer demand changing new home sales in Central Park.
And now onto the Central Park Real Estate Update!
New Listings
As I mentioned before, we had 16 new listings hit on Thursday which brings the total amount of new listings this week to 21. One of my favorite listings is this stunning New Town home located in a beautiful and walkable location in the Westerly Creek neighborhood. Featuring 3 bedrooms, 4 bathrooms and stunning upgrades throughout, the location is just the cherry on top of this beautiful listing. Check out the 3D tour HERE. Listed by Mariel Ross of Focus Real Estate, 9004 E. 28th Avenue is listed at $799k.
When I think of #goals, I think of this stunner. 3396 Dayton is impeccable and impressive at 6,765 square feet with 7 bedrooms and 5 bathrooms. There is even a carriage house space perfect for grandparents, guests or an au pair. In my humble opinion the best thing about this house is the location. Sitting right in front of Winter Park (the northern section of Westerly Creek), you will have unobstructed views of the Denver city skyline and mountains all while enjoying easy access to the Westerly Creek bike and walking trail right out the front door. Priced at $1,795,000 and listed by Robert C. Chase of LIV Sotheby’s.
Under Contract
This week we saw 8 homes go under contract. The average days on market was 6 days before a home went under contract.
Sold
And this week we welcome 13 new neighbors. Of these 13 sold homes, the average close price was $803,000 and the original list price to close price was 105%.
This week DMAR (Denver Metro Association of Realtors) released their May market report. Click HERE to see the latest stats regarding what’s shaking in the market.
All Active
Currently there are 23 homes available in the neighborhood.
As I mentioned above, now is the time to capitalize on the market if you’re thinking about selling. Here at Focus, we list all of our homes starting at 1.5%. We have been asked why we discount our commissions; and the natural question is since we discount our commissions so much, what are we not offering to our sellers? Check out this new YouTube video that explains why we have such a low commission while offering superior marketing and service.
If I can be of any assistance to you or anyone you know, I would love to help. My contact information is listed below. Have a wonderful weekend!
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!
