This Week in Central Park Real Estate 7.22.22
It’s Friday again…..the end of another hot week in Denver, and the return of the afternoon rainstorms followed by beautiful rainbows and sunsets. Before jumping into the latest listings, here are a couple of posts you may have missed this week:
Choosing the Right Vehicle for Your Young Driver. Jennifer Mathes, a Central Park resident and owner of Allstate – The Mathes Agency, discusses some important things to consider when buying a car for younger drivers: vehicle type/size, safety ratings and features, and well as maintenance and insurance costs.
FlyteCo and Wings Over the Rockies Air & Space Museum Team Up. FlyteCo’s Central Park location will have aviation exhibits on loan from the Wings Over the Rockies Air & Space Museum. They will also have Wings Over the Rockies themed beers with a portion of the proceeds going to support the museum
Now on to real estate!
This week there were 16 new listings that hit the market this week in Central Park.
Of the 16, here are a couple we wanted to highlight.
This 5 bedroom, 6 bathroom home faces a greenway and sits adjacent to a community park and playground in the Central Park West neighborhood. Close to Sprouts market, the light rail and the future FlyteCo brewery in the former control tower. There are 2 offices on the main level and 5 bedrooms and a bonus room on the second level.
The finished basement has a custom kitchenette with beer taps and an exercise room that could work as a 6th bedroom if needed. The backyard features a covered patio, pergola, turf lawn, integrated firepit and lush landscaping creating a private oasis. Listed by Leo Rowan with RE/MAX of Cherry Creek.
This ranch home sits on a quiet courtyard in the Westerly Creek neighborhood of Central Park. It’s roughly 1 block from the 80 acre park and 1 block from E 29th Ave which provides easy access to the 29th Ave Town Center, Westerly Creek open space and the Stanley Marketplace! The 4 bed, 3 bath home boasts over 2,300 sq ft and has gorgeous finishes throughout. Listed by Donna Ryan with LIV Sotheby’s International Realty.
This week 11 homes went under contract in Central Park. Showing activity seems to have increased slightly but the number of homes going under contract has remained similar to last week. With interest rates over 5%, some Buyers have had to adjust their purchase price to maintain a monthly mortgage payment they’re comfortable with. That said, interest rates remain historically low and many Buyers are still looking to purchase homes before more rate hikes occur.
Buyers have the ability to be a bit more discerning these days, so homes need to be completely dialed in (clean, decluttered, professionally staged, etc.) and priced right (if possible, pricing should be based on sales within the past 30 days….not sales from 60+ days ago). Don’t panic if your home doesn’t go under contract in the first few days; it’s likely to take a few weeks, or longer, but inventory is still moving so you will find a buyer.
This week 15 home sales closed in Central Park. You can see those in the link above.
There are 58 active resale homes on the market right now in Central Park. Here are a few more of our favorites you may want to check out:
8494 E 49th Dr – $875,000 – Stunning courtyard home on a corner lot in Conservatory Green.
6033 Alton St – $875,000 – KB courtyard home with huge front porch and white kitchen.
3097 Geneva Ct – $825,000 – Beautiful Thrive Home with a significant price reduction.
4930 Akron St – $775,000 – KB courtyard home with lovely finishes and finished basement. Open House Sunday 7/24/22 from 11:00am-1:00pm
Well that’s it for this week’s update on the Central Park real estate market. If you ever need assistance from a team of local experts we’d love to help! I can be reached at [email protected] or (720) 633-6282. Call or text any time!
**Focus sells homes for a 2.0 % listing commission. Neighborhood experts, flexible commissions**
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!
