Winter 2012 Market Update
Washington Park East and Washington Park West are located on either side of the park. Washington Park East, officially bound by 1st Avenue, University Boulevard, Interstate 25 and South Downing, actually contains the park grounds. Washington Park West is outlined by South Broadway, South Downing Street, Speer Boulevard and Interstate 25. Bonnie Brae is bordered by East Exposition Avenue on the north, East Mississippi Avenue on the south, South Steele Street on the east and University Boulevard on the west. If you can qualify, now is an exceptional time to buy a home in Washington Park. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 720-317-9372

Average Home Price $300,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 30-60 days
Best Selling Price Range$250,000 - $299,000
Worst Selling Price Range$450,000 - $499,000
Prices As % of Asking Price 80-85%
Existing Home Prices for the past 90 days are?Increasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Washington Park isIncreasing
Seller Activity for the past 90 days in Washington Park is?Increasing
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?15-20%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Inventory CommentsWhether you are searching for your next home in Washington Park, or looking to invest in real estate, browse current real estate listings, residential Washington Park homes for sale, single - family houses, condominiums, townhouses, or investment opportunities, to find your perfect home. View other relocation resources such as real estate market trends, sold property values in your neighborhood, mortgage financing options and professional real estate agent assistance.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Washington Park! Whether you are searching for your next home in Washington Park, or looking to invest in real estate, browse current real estate listings, residential Washington Park homes for sale, single - family houses, condominiums, townhouses, or investment opportunities, to find your perfect home. View other relocation resources such as real estate market trends, sold property values in your neighborhood, mortgage financing options and professional real estate agent assistance.
Nearest Metro AreaDenver
Housing Hot SpotsParks, Restaurants, Downtown Denver, shopping, amusement parks, football & baseball stadiums, main highway. With such a short proximity to the downtown area, the arts, theatre and a bustling nightlife are readily available to the residents of Washington Park. Denver has one of the highest educated populations in America and a great love of the arts. The Denver Art Museum and Denver Performing Arts Complex are large, reputable facilities that host fine arts and theatre, symphony, opera and ballet performances. Washington Park’s unique small town charm combined with the booming metropolis, culture and arts of nearby Denver make it a naturally beautiful, family-friendly hometown.
Average Sold Price $300,000 - View Graph Trend

Washington Park Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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Keller Williams Realty
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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