Westminster Real Estate Market Report - Jefferson, Colorado
Westminster, Colorado - Jefferson
| Market Commentary Provided by Bruce J. Buchholz If you can qualify, now is an exceptional time to buy a home in Westminster. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 303-818-0051 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Bruce J. Buchholz
Keller Williams Realty Professionals LLC Westminster, Colorado 303-818-0051 brucebuchholz@kw.com Agent Home Page  |
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| Nearest Metro Area | Denver | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Decreasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | August Housing Inventory down 31% compared to August 2008. Current Inventory 664 homes. | ||||
| Average Home Price | $200,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $450,000 - $499,000 | ||||
| Compared to Last Year | No Change | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Westminster is | Decreasing | ||||
| Seller Activity for the past 90 days in Westminster is | Decreasing | ||||
| Is Financing Available For Qualified Buyers in Westminster? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 40-45% | ||||
| Housing Hot Spots | |||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $200,000 - 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. Click here for full article... |
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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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