(303) 981-2101(303) 981-4560

The Bridge Team

Wash Park Stats

Washington Park Monthly Stats – July 2023

by

The Scales are Tipping... It does appear that the high end is beginning to feel the effects of the higher interest rates. However, with 4 sold and 16 active over $3 million, we still only have a 4-month supply in that range. Experts say it takes a 6 month supply to tip the scales in favor of buyers. We are not there yet but … [Read more...] about Washington Park Monthly Stats – July 2023

Washington Park – First Half Market in Review 2023

by

Not So Fast... It is still a Seller's Market in Washington Park. It just isn't happening quite so fast. The number of days it takes a house to sell has doubled over a year ago. However, we remain far from a Buyer's Market. We have sold an average of 33 homes a month so far this year. With only 52 homes in inventory as of August … [Read more...] about Washington Park – First Half Market in Review 2023

Washington Park Monthly Stats – May 2023

by

More Normal.. In May of 2022, I asked if this was the peak? May of 2022 was one of only 3 months in the past 10 years where we closed over 50 sales in a single month. May of 2023 saw a 40% decrease in that number with 33 sales.  Compared to May of 2022, that is a significant decrease but compared to prior Mays, it was about the … [Read more...] about Washington Park Monthly Stats – May 2023

Washington Park Monthly Stats – April 2023

by

Back to Normal... Metro-wide the number of closings from March of this year to April dropped slightly from 3,534 in March to 3,342 in April. However, Washington Park bucked that trend and went up from 21 closings in March to 27 in April. In April, it took an average of 35 days to sell metro-wide but in Washington Park, it only … [Read more...] about Washington Park Monthly Stats – April 2023

Washington Park Monthly Stats – March 2023

by

Good News All Around... How this Impacts Buyers With the busy season going at full speed, more homes are making their way to the market. REcolorado data showed a Metro wide 42% increase in fresh listings from February to March and Washington Park saw a 15% increase. Buyers may feel a bit less pressure to make an immediate … [Read more...] about Washington Park Monthly Stats – March 2023

Washington Park Monthly Stats – February 2023

by

Inventory Remains Low... Inventory remains remarkably low. This continues to bolster the market. If you take the one outlier away that took 163 days to go under contract, the days on market for the homes that are currently pending drops to just 16 days. That is still among the fastest selling markets we have seen in the area in … [Read more...] about Washington Park Monthly Stats – February 2023

Washington Park Monthly Stats – January 2023

by

When will the Spring market bloom... After the Spring market of 2022 and the crazy bidding wars etc, we are all curious what this Spring will bring. However, cold weather, holiday and post holiday travel do not make January a very good predictor of the year to come. However, if you look at the pending sales that are under … [Read more...] about Washington Park Monthly Stats – January 2023

Washington Park Market Report – 2022 in Review

by

No Cause For Alarm... There was a 26% drop in the number of sales in Washington Park this year. On the surface, that seems alarming but it really is a function of the low inventory.  Homes sold quickly with it only taking an average of 21 days in East Wash Park and 15 days on the West side. However, there were fewer homes to … [Read more...] about Washington Park Market Report – 2022 in Review

Menu
"The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX of Cherry Creek are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified."
This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA
RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Copyright © 2023 Real Estate Websites
Please Wait A Moment

Sign Up for an Account

Get the same property information that agents use. We'll notify you daily of new listings price changes.

Why Sign Up?

  • Latest Listing Email Alerts
  • Price Change Notifications
  • Detailed Property Information
  • Save Searches
  • Save Your Favorite Properties
  • Video Tours
  • Neighborhood & School Information
  • Get market updates
  • and more...
Lost Password