Orson Hill Realty Market Update by Danny Skelly

This is why your real estate agent can't find you a home..

Real Estate Market Snapshot

I am not always one to defend other real estate agents but there might be a reason why your guy or gal can’t find you a home. Not that they aren’t trying, there just isn’t anything for sale. The numbers that indicate an increase of inventory are “new listing (42) and back on the market (12). These numbers are the last 7 days in Evergreen, Conifer, Morrison, bailey and Golden. In that same are a we saw”pending (75) and closed (85). We are still seeing a lot more real estate being sold than added to the market.

Real estate market agent update

The chart with average sale price and number of active listings is always very telling and one of my favorite charts to go to to see current real estate market conditions. Real estate agents should refer to this chart often. It shows what we have been seeing for years now in our market. Covid has not changed the trajectory of our market in the least. 

One reason we continue to see the same pattern is the desire in the Denver Foothills. We are close to everything but we have a very low population density. This also adds to the lack of inventory. We do not have nearly as many units as people that would like to live here. This drives our prices up. 

You can see this month (October) we have the lowenst inventory all year. Our closing prices are higher than they have been all year. That means people still want to live here and will pay more and more. 

 

Real Estate Agent Market Review

Real Estate for Sale in Evergreen, Conifer, Morrison, Bailey and Golden

Start of list of properties

New – Yesterday
37
903 Wagon Trail Road
Evergreen, CO 80439
$2.65m
For Sale
4
Beds
4
Baths
3,804
square feet,
Close enough but far enough away, this enchanting home embodies the essence of the Colorado mountain lifestyle. Situated privat… (more)
# 8730622
Evergreen Real Estate Inc
$2,650,000
For Sale
Residential
2 days on this site
New – Yesterday
41
16433 River Haven Way
Morrison, CO 80465
$1.35m
For Sale
4
Beds
4
Baths
4,212
square feet,
Experience the epitome of luxury living in this magnificent 4-bedroom, 4-bathroom home located on the picturesque Red Rocks Count… (more)
# 7129840
Liv Sotheby’s International Realty
$1,350,000
For Sale
Residential
2 days on this site
New – 3 days ago
33
26226 Sweetbriar Trail
Evergreen, CO 80439
$1.2m
For Sale
5
Beds
4
Baths
4,635
square feet,
A luxury two-story residence boasting 5 beds and 4 baths, offering generous space for comfortable living. An updated kitchen, th… (more)
# 5042860
Assist 2 Sell Real Estate Services
$1,200,000
For Sale
Residential
3 days on this site
Pending
40
804 Meadow Run
Golden, CO 80403
$1.2m
Pending
4
Beds
3
Baths
2,629
square feet,
You’ll be hard-pressed to find a more tranquil location in all of Golden! Nestled in a quiet neighborhood near the heart of town i… (more)
# IR1008620
The Agency – Boulder
$1,200,000
Pending
Residential
4 days on this site
New – 3 days ago
50
6590 Ridgeview Drive
Morrison, CO 80465
$1.05m
For Sale
4
Beds
4
Baths
3,600
square feet,
This mountain home is a slice of Colorado paradise! The expansive 4+ acres with endless views of Mount Evans and beyond provide a … (more)
# 8793801
Berkshire Hathaway Homeservices Elevated Living Re
$1,050,000
For Sale
Residential
4 days on this site
Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/06/2024 02:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 05/06/2024 02:16 PM
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Danny Skelly

Owner/Employing Broker (Buyer and Seller Agent)

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