This Week in Central Park Real Estate 8.21.20
Hi Neighbors. I don’t know about you, but I’ve been struggling to stay on top of my non-work emails this week. As we gear up for the start of school and remote learning next week, we’ve all likely been inundated (and perhaps a bit overwhelmed) with emails, information, calendar invites and zoom meetings meant to prepare us, and our kids, for a unique start to the school year. We wish everyone the best of luck. Remember to give yourselves, and each other, plenty of compassion and grace. Reach out and ask for help when you need it. If there is one thing this community has shown time and time again, it’s that we come together to support people in need.
Before jumping into the real estate update, here are a few highlights from the neighborhood this week:
- Joe Phillips of Central Park Scoop and Focus Real Estate, asked the community to support young refugee men in the area. Working together with Street Fraternity, he was looking for donations and volunteers to provide Nike shoes, backpacks, t-shirts, socks, underwear, toiletries, school supplies and snacks to these young men. In less than 24 hours, enough donations came in to cover all 50 packs. Thank YOU, neighbors!!!
- Keely Buchanan, founder of Preparing for Denver Kindergarten, wrote this helpful post about the upcoming school year. We’re all looking for ways to navigate school and remote learning while working and keeping up with the rest of our responsibilities. There’s no right or wrong way to approach this challenging time, however, Keely points out some things to be mindful of (inequity, achievement gaps, pod structure, school funding, private school enrollment, homeschooling and keeping your child’s spot at their current school). She also gives great suggestions for ways to support our teachers, schools and disadvantaged children/families. If your family needs help, please reach out to your school, your neighbors or to our team at the Central Park Scoop.
- Last but certainly not least, some of the most exciting news in the neighborhood this year… Sprouts Farmers Market is finally open!!! Check out this tour by Ashley Faller and Joe Phillips. If you share the post and tag a friend in the comments by midnight Sunday, August 23rd, you’ll be entered to win one of 4 $50 gift cards. Good luck and happy shopping!
Now onto real estate:
10 new listings hit the market this week ranging from a $157,219 income-qualified townhouse to a $1,025,000 Parkwood single-family home. While all the homes have appealing features and finishes, this listing caught my eye:
A rare ranch-style home on a courtyard with finished basement and private yard for less than $600K. Located in quiet Central Park North just a block from the Jet Stream pool, the open-concept main level features beautiful hardwood floors, neutral wall color throughout, and vaulted ceilings for a spacious, light-filled home. The master retreat includes a 5-piece bath, walk-in closet and bonus sitting/reading room. The main floor office is perfect for working from home while the kitchen with quartz counters, large center island and stainless-steel appliances is a chef’s dream. The finished basement offers a sizable rec room, bedroom and bathroom; providing comfortable guest accommodations and space for movie and game nights. Entertain family and friends in the private yard with an amazing stamped concrete patio, lush lawn and hot tub. Listed for $599K by Nicci Beauprez with Day and Company Inc.
Under Contract Listings – 17 homes went under contract this week. The median number of days on market was just 5 days.
Sold Listings – 16 properties closed this week. The median number of days on market was just 10. Half the homes sold at, or above, their original list price – median sold price was 99.73% of the original list price.
All Active Listings – There are currently 48 listings in the neighborhood starting at $157,219 (income qualified) and topping out at $1,065,000. If any of these listings interest you, give me a call/send me a text at (720) 633-6282 or email me at kailee@focus-realtors.com. I’d be happy to schedule a showing for you.
If these listings aren’t the right fit, but you’re looking to purchase a home in the coming months, reach out so we can set up an automated search to notify you when a listing that meets your requirements comes on the market. Homes go under contract quickly, so let an agent help you stay on top of new listings. An agent can also help you write an attractive offer that will give you a leg up on the competition. See how in this article by Mariel Ross of the Focus Real Estate team.
With the current market favoring sellers, and buyers getting discouraged when they lose out on a house they wanted, new construction homes can be a way to avoid bidding wars while building a home that meets all your needs. Parkwood and Infinity are currently contracting on lots in the final phase of North End. The rest of the builders will start releasing lots in September and October. We love helping clients build new homes and would love to discuss all the builders and options with you. Keep in mind that, unlike resale homes, new construction homes have numerous factors that go into the final price. Here is a post by Mariel Ross giving an overview of the upgrades and expenses you’ll want to plan for. Not every builder charges extra for appliances/landscaping/window coverings/etc. so working with a real estate agent will help you narrow down the builders and options to fit your budget and needs. The best part: having an agent assist with your new build won’t cost you anything. The price of your new home is the same whether or not you enlist the help of an agent, so why not have an advocate with expertise on your side? This video gives more insight on the benefits of having an agent on a new build.
Have a great 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!
