Sloan Lake Real Estate Market Conditions & Reports, Sloan Lake Market Trends, Colorado

Market Commentary Provided by Lisa Tapia
If you can qualify, now is an exceptional time to buy a home in Sloan Lake. Low rates and beautiful homes available it’s a great time to purchase in the most centrally located part of town. No more heavy traffic to deal with. Please feel free to call me for more information regarding the sale of your home and it’s value; or if your interested in purchasing North Denver is the best investment you will find in the city. 720-240-3198

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Lisa Tapia
RE/MAX CITY HORIZONS
Denver, Colorado
720-240-3198
ReadyProperties@gmail.com
Agent Home Page

Nearest Metro Area

Denver

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

10-30 days

Market Trend

Decreasing

Housing Inventory

Limited Supply

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

$300,000 - $349,000

Worst Selling Price Range

$650,000 - $699,000

Compared to Last Year

Up 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Multiple Offers Commentary

with limited supply sellers are seeing multiple offers within 1 to 2 weeks of list date

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Sloan Lake is

Increasing

Seller Activity for the past 90 days in Sloan Lake is

Decreasing

Is Financing Available For Qualified Buyers in Sloan Lake?

Yes

Existing Home Prices for the past 90 days are

Increasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

5-10%

Housing Hot Spots

Northwest Denver County area are considered 'Housing Hotspots'

Reason to Buy/Sell

Buying a home in Sloan's Lake means walking distance to the lake, playgrounds and Highlands Shopping District. It offers boutique shops and trendy restaurants and bars to enjoy all within walking distance.

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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