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Columbine West Real Estate is Improving!!

by John Basila

Littleton Real Estate has seen Ups and Downs over the past few years, notably due to the Covid epidemic and, most recently, Inflation and it's effects upon the economy.  With Interest Rates headed back to historically normal levels, it's taken some time for Buyers to get used to the idea of no longer having access to the Bargain Interest Rates that we've seen.

The Great News is that Columbine West Real Estate is holding it's own, although there's a lot less action in the market.  Columbine West Real Estate has historically averaged between six and seven sales per month.  As you can see in the Graph below, through April 2023, we've only had 13 Home Sales.  This is about half of what we normally see.  This is being driven by low inventory.  There are Buyers that are willing and able to purchase, so the demand is there.

Although Littleton Real Estate has seen a decline of about four percent in the Average Sales Price, Columbine West Real Estate is holding its own and even shows a slight increase of just less than one percent.  We're maintaining our home values, even in a slower market.  If your home is priced right and in good condition, there's no doubt that it will sell.

As you can see below, Sellers in Columbine West are still able to sell their homes for List Price.

Although the market isn't as crazy as it was in 2021 with all of the multiple offer scenarios, we're still getting enough offers for Sellers to secure a fair price.

With the softening of the Littleton Real Estate market last Fall, Sellers in Columbine West have lowered the Average List Price by about one percent when compared to last year's Average.  

With the temporary slowdown, properties for sale in Columbine West are taking longer to get Under Contract.  Over the past 5 Years, Columbine West Listings have averaged 12 Days in the MLS.  So far this year, Closed properties in Columbine West have averaged 41 Days.  With the Spring Market just now coming alive, there are currently 7 Homes Under Contract (Pending).  All of these properties averaged less than 5 Days in the MLS.  NOW is a great time to sell your property in Columbine West!!

 

If you've been considering Selling your House, but have been uncertain about the Columbine West Real Estate Market, be confident that we're Improving with the arrival of Spring!!

As a Columbine West Resident for more than 20 Years, I pride myself on my local expertise.  

If you'd like to discuss the current market or your property's value, please contact me for a Complimentary evaluation. Littleton Realtor John Basila

EMail: columbinerealtor@gmail.com   Phone: (303)589-9034

 

 

What Could It Hurt To Overprice Your Columbine West Home?

by John Basila

Over the years, many of my Sellers have wanted to price their home for sale above what I would deem their "Fair Market Value".  As a Professional, it is always my advice to price your home correctly from the start, instead of "testing the market" at a higher price and then, after few showings and no offers, having to lower the price to a more realistic amount.

In 2019, Columbine West Real Estate offered a compelling argument for pricing correctly from the start.

Last year, Littleton Real Estate sales provided Sellers with an average of 97.8% of their Original List Price.  Columbine West Real Estate sales averaged 98.9%.  These are averages for all sales of Single Family Residences in Littleton and Columbine West.

With the Average Days On Market being 6 Days in Columbine West in 2019, you can say we have a pretty healthy real estate market!  But what happens if you "Overprice"??

There were 24 homes sold in Columbine West in 2019 that took 18+ Days to sell.  That's not so bad if you're not in a hurry.  And the highest price homes typically take longer to sell, even in this market.  However, there are issues that can come up in the mind of Buyers, ranging from "What's wrong with it" to recognition that the Listing is overpriced and that the Seller might not be realistic when negotiating.

These Columbine West homes that took triple (or more) the time to sell ended up cutting their prices in the end.  The average reduction was 3% (- $12K+) when the sales finally went through.

Price Reductions and Days on Market in Columbine West 2019

Although it's still a "Seller's Market", it's best to price your home correctly from the beginning.  Currently, there are 0 homes for sale in Columbine WestColumbine West Real Estate normally has 8 home sales per month.  If you're thinking of Selling, now is the time to beat the Spring competition and get Top Dollar for your house!

For a Complimentary Market Analysis of your home's value, contact Realtor® John Basila at (303)589-9034 or email John at columbinerealtor@gmail.com

John Basila has been a Resident of Columbine West since 2001, and has the experience and marketing savvy it takes to sell your house for Top Dollar in today's market.

Columbine West Real Estate Update

by John Basila

Columbine West Real Estate had another "Banner Year" in 2019.  Columbine West tends to have an average of 80 home sales per year.  With 89 sales in 2019, Columbine West had 11% more sales than average.

Columbine West Home Sales 2019

Although Columbine West is still considered a "bargain" neighborhood compared to adjacent subdivisions, prices also continue to improve.  Instead of the 6% - 8% growth that we've seen over the past few years, the Average Sales Price of Columbine West Real Estate appreciated at a modest 2.5% last year. 

Columbine West Home Values

Homes are still selling fairly rapidly in Columbine West.  The Median Days On Market continues to be 6 Days.  If you price your home correctly, your home will sell quickly.  With Interest Rates still hovering below 4%, there are hungry Buyers ready to act.

Columbine West Sales Activity

As of today, there are currently 0 properties available for sale in Columbine West.  Since Columbine West Real Estate averages 8 sales per month, this is most-definitely still a strong Seller's Market. 

For a complimentary analysis of your Columbine West home's value, contact John Basila, your Columbine West Realtor®.  Email John at columbinerealtor@gmail.com or call (303)589-9034 to set up a brief meeting.

7864 West Ontario Place is our latest Listing: a 4-Bed, 3.25 Bath Home in Columbine West.  If you love to entertain, you'll treasure the Open Kitchen/Living Room Layout and the Fully Finished Basement with Wet Bar and included Kegerator & Mini-Fridge.

When the weather's good, head to the back yard, which features a Gazebo, Rock Wall, Hot Tub, Fire Pit and Grill/Bar area. 

There are 2 Bedrooms & a Full Bath on the Main Level.  Upstairs, there are 2 Bedroom Suites, one of which is the Master Suite.

Call John Basila, your Columbine Realtor, today for your private tour:  303-589-9034

This 3 Bedroom / 1 Bath home has been well maintained and is move-in ready!

Located near C470 & Kipling, this Split-Level home offers an ideal location just one block from Wingate South Park and it's trails and amenities.  Schools, Dining and Shopping are within walking distance!

Features include Newer Stainless Steel Appliances, Newer Roof, Newer Gutters, Newer Exterior Paint and freshly cleaned carpets.

Entertainers will love the large yard, featuring a Fire Pit, Built-In Horseshoe Pits and a large deck.

Details and Pictures:  http://www.adenverhome.com/property/8937-W-Toller-Ave-Littleton-Colorado

Contact John Basila for your private showing:  (303)589-9034

Columbine West Home For Sale

by John Basila

This Columbine West Home For Sale is in the "newest" part of the neighborhood.

Unlike most of the neighborhood, built in the late '70s and early '80s, this home, along with it's neighbors, was built in 2005.  Located at 6821 S. Reed Ct., this 2-Story home features a brick/stucco exterior, which enhances the efficiency of heating and cooling the home.

This Columbine West Home For Sale has 2,577 Sq Ft in addition to 1,389 Sq Ft in the Finished Basement.  The Oversized 3-Car Garage has 9 Ft Garage Doors.

The Interior of this Columbine West Home For Sale features Hickory flooring, Travertine marble, designer wall treatments, Granite countertops in the Kitchen and Cherry cabinets.

This Columbine West Home For Sale is offered at $449,000 and includes a one-year Home Warranty for the Buyer.

Contact Littleton Realtor John Basila for your private showing today.

Columbine Valley Home For Sale

by John Basila

This Two-Story home is centrally located in Littleton, in The Village at Columbine Valley, which is close to shopping, dining and easy commuting.  With 5 Bedrooms & 4 Baths, you'll find plenty of space for now and the future.  Formal Dining & Living Rooms are available for entertaining in style.  Main floor also boasts a Family Room and Office/Study.  Luxurious touches like slab granite and a vaulted entry enhance the warmth and charm of this home.  Offered at $550,000, this is a great entry price into Columbine Valley.

If you didn't know, Columbine Valley is home to the Columbine Country Club, one of the best private golf courses in Colorado.  Homeowners in this close-knit community have the option of joining Columbine Country Club.

For more information on this home, call John Basila for your private showing.

Littleton Real Estate Market Is Improving

by John Basila

Awesome news for Sellers - the Littleton Real Estate Market Is Improving!!

Recent news from Metrolist, our local MLS, shows a continued lack of inventory and the beginning of price increases!

In February, similar to January, we had roughly 40% less inventory available to sell.  My Buyers have had a tough time finding decent properties.  When they do find something they like, we're starting to see multiple offers!  The Littleton Real Estate Market is Improving!

With this significant lack of supply, it's no wonder that prices improved 2% in February 2012 over last February.  I believe that the "bottom" of the market in Denver & Littleton has come and gone.

Columbine West
In Columbine West, we're down to ONE available Listing.  Since we normally sell 4 to 5 homes per month in Columbine West, that means we're down to a ONE WEEK SUPPLY!  It's definitely a great time to sell your home in Littleton and in the Columbine area!

Buyers have been coming out of the woodwork in the past few months...all they need is something to buy!  There's just a little excitement and motivation for Buyers, as Interest Rates are still very low and FHA Loans will be having more upfront fees after April 1st. 

If you've been waiting to Buy a Home or Sell your Home, now is a great time to be in the market.  The Littleton Real Estate Market Is Improving!  Call John today for a complimentary consultation.

 

Another home for sale in Columbine West, by Columbine West Realtor John Basila.

This 2-Story home features 4 Bedrooms & 3 Baths.  The Loft Bedroom is "non-conforming".  Situated on on a .3 Acre Lot, there's a nice hill that blocks most of the sound from Wadsworth.  There's also a large flat lawn area that's ideal for yard games or a trampoline or pool.

Inside, this home is warm and bright.  With Vaulted Ceilings that add to the spacious feel of the home, you'll love the open layout.

Glistening hardwoods, designer touches and premium upgrades make this the perfect home. 

You'll love the upgrades like the Top of the Line Rinnai Tankless Hot Water Heater that produces an unending supply.

 

The Master Suite is also spacious, with a Spa-Like Master Bath that boasts Italian Travertine and a Slate wall.

Bring your toys, as the RV/Boat pad is easy to get in and out of at the top of the Cul-De-Sac.

View the Virtual Tour or find out more information about Columbine West.

Call Littleton Realtor John Basila for your private showing: 303-589-9034 

Columbine West Ranch Home For Sale

by John Basila

As a Littleton Real Estate Specialist, it's pretty rare to come across a home that has all of the features you'd want to own.

This Ranch-Style Home in Columbine West boasts tons of space & light, it backs up to the Dutch Creek Trail and the Kitchen and Bathrooms are updated with style!

As your Columbine West Realtor, I'm proud to offer this HUGE Ranch-Style home for $298,900.  With 4 Bedrooms and 3 Baths, there's plenty of space for you and your family.  There's a large Sunroom looking over the back yard and a wonderful view of open space.  The lower Bedroom even has built-ins for an office and a Murphy Bed.

If you've got toys or pets, there's room for RV/Boat storage, as well as a Dog Run.  This beautifully landscaped yard has mature plantings and room for a Hot Tub next to the built-in gas grill.  Come enjoy the Serenity of Columbine West.

Entertain in style with a dual-sided Wet Bar in the Basement, or take the party outdoors through the French Doors to the Sunroom and yard, beyond.

To schedule a private showing, or for more information on Littleton Real Estate and Columbine West, contact Columbine West Realtor John Basila at 303-589-9034. 

Displaying blog entries 1-10 of 12

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Contact Information

John Basila
A Denver Home
P.O. Box 620222
Littleton CO 80162
Cell: 303-589-9034

CO EI License # 028420