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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Wheat Ridge. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 720-317-9372
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| Average Home Price | $225,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $200,000 - $249,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Wheat Ridge is | Increasing |
| Seller Activity for the past 90 days in Wheat Ridge is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | homes near Sloans Lake and Highlands Square (Northwest Denver) |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Good inventory near highlands square and sloans lake. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Wheat Ridge, along with Being located a stones throw from Northwest Denver and Sloans lake. |
| Nearest Metro Area | Denver |
| Housing Hot Spots | Most cities within the Jefferson County area are considered ’Housing Hotspots’ |
| Average Sold Price | $225,000 - View Graph Trend |
Wheat Ridge Local News
News for Wheat Ridge, CO - February 13th, 2011 10:54am
Located just a stone's throw from Highlands Square in Denver and a pleasant walk to beautiful Sloans Lake, Wheat Ridge is served by Interstate I-70, linking this bedroom community to the sophistication of downtown Denver and the natural wonder of the Rocky Mountains. As a commuter suburb, real estate options typically range from townhouses and condominiums in populated areas, to single-family homes in established, mature home subdivisions. Residents can easily bike to LoHi, which is bordered by the neighborhood of Sunnyside, and make the short drive to downtown Denver.
News for Wheat Ridge, CO - December 15th, 2010 12:47am
Located just a stone's throw from Highlands Square in Denver and a pleasant walk to beautiful Sloans Lake, Wheat Ridge is served by Interstate I-70, linking this bedroom community to the sophistication of downtown Denver and the natural wonder of the Rocky Mountains. As a commuter suburb, real estate options typically range from townhouses and condominiums in populated areas, to single-family homes in established, mature home subdivisions. Residents can easily bike to LoHi, which is bordered by the neighborhood of Sunnyside, and make the short drive to downtown Denver.
News for Wheat Ridge, CO - December 6th, 2010 11:21am
Wheat Ridge is a quite community surround by the best that Denver has to offer. Wheat Ridge is a short walk to Sloans Lake, which is located in Northwest Denver. A beautiful bike to Lohi (also in Northwest Denver) You can enjoy the younger more hip atmosphere with tons of 4star resturants and enjoyable bars to grab a martini. Wheat Ridge also offers people a beautiful neighberhood called Applewood.
Contact Information
Nick Essy
720-317-9372
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Nick Essy
Keller Williams Realty
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 720-317-9372
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