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 – today
0
4795 S Xenon Way
Morrison, CO 80465
$650,000
For Sale
4
Beds
3
Baths
2,608
square feet,
Welcome to this recently renovated Morrison home! The open concept home features abundant natural light and designer finishes thro… (more)
# 9621377
Homesmart
$650,000
For Sale
Residential
0 days on this site
Apr 1st, 11:00AM to 2:00PM
Apr 2nd, 1:30PM to 3:30PM
Open House Apr 1st
40
31834 Ponderosa Way
Evergreen, CO 80439
$825,000
For Sale
4
Beds
3
Baths
2,457
square feet,
Beautifully maintained & impeccably remodeled, this delightful home boasts artistic, designer, and custom touches throughout. T… (more)
# 3102029
Madison & Company Properties
$825,000
For Sale
Residential
0 days on this site
New – Yesterday
39
32042 Horseshoe Drive
Evergreen, CO 80439
$1.895m
For Sale
4
Beds
4
Baths
4,067
square feet,
With stellar snow-capped Mt. Evans views and bordering hundreds of acres of open space this property is a very rare and special … (more)
# 5237170
Madison & Company Properties
$1,895,000
For Sale
Residential
1 days on this site
New – 2 days ago
40
16588 W Ellsworth Drive
Golden, CO 80401
$939,000
For Sale
4
Beds
3
Baths
3,815
square feet,
Offering the ideal blend of everything you’ve been searching for, this meticulously maintained and traditionally styled two-story… (more)
# 8852309
Porchlight Real Estate Group
$939,000
For Sale
Residential
2 days on this site
New – 2 days ago
4
25833 Centennial Trail
Golden, CO 80401
$855,000
For Sale
4
Beds
3
Baths
2,522
square feet,
# 3260713
Zoom Realty
$855,000
For Sale
Residential
2 days on this site
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Listing Data last updated: 30th March, 2023 10:00 MST
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Danny Skelly

Owner/Employing Broker (Buyer and Seller Agent)

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