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Columbine West 2018 Real Estate Recap

by John Basila

Columbine West 2018 Real Estate Recap

by John Basila, posted 2/12/2019

Columbine West continued to be a strong Real Estate market in 2018. Historically speaking, there are typically 6 or 7 homes sold every month in Columbine West. Although 2018 wasn't as strong as some previous years, the lack of available homes for sale probably played a role in the decline. At the moment, for instance, there is only one home that is "Active" in the REColorado MLS. That means that there is only a 5 Day Supply of homes!

We are still in a very strong "Seller's Market". A "Balanced Market" means that there are four to six months of Inventory. A "Buyer's Market" is when there are more than 6 months of Inventory, so Buyers have the ability to be a little pickier and Sellers have to make more concessions. This "Seller's Market" will continue through the next year or so, at least, according to many experts.

As evidence of our "Seller's Market" in Columbine West, homes are still selling very quickly. The average Days On Market (DOM) in the Denver Metro Area is around 30 Days. The historical average in the Denver Metro over the last 50 years has been 70 Days. In 2018, Columbine West saw the same 6 Days On Market as we've seen over the past few years. If your property is priced right, it will sell quickly, and probably with multiple offers.

Recently, Lon Welsh of First Alliance Title revealed to me that those Sellers that priced their home correctly in the Denver Metro over the past 24 months, were sold in 13 Days On Market. If the Sellers had overpriced their home, it took 58 Days On Market and a price reduction to get it sold. My Sellers "Net" almost 103% of their List Price because we price their property correctly.

Incidentally, homes that were priced right sold more quickly in February, March and April in 2018. Since there's limited inventory before Spring, properties were gobbled up in less than two weeks in early 2018!!

Since the "Seller's Market" continues to be strong in Columbine West, you will not be surprised that our Property Values continue to rise. Did you get your new Tax Bill from Jefferson County, yet?? :-)

With limited inventory and a ton of Buyers waiting to purchase, our prices in Columbine West have continued their growth. Although we're not seeing the Double-Digit price appreciation that we saw in 2014 & 2015, we still saw a healthy 6.3% Increase in the Average Sale Price for 2018. Experts expect the rate of appreciation to continue to hover in the 5% to 6% range over the next two years.

If you've been thinking of Selling your property, now is a great time to beat the competition!! For a complimentary Market Analysis of your property, please call me. You can email me at littletonagent@gmail.com. You can also get an "automated" analysis at denverhomereport.com.

 

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

Columbine West Community Garage Sale This Weekend!

by John Basila

Once again, your Columbine Realtor is sponsoring the Community Garage Sale for Columbine West.

This Weekend, we'll have 30+ homes participating!!

Follow the signs from Coal Mine, S Pierce St, Ken Caryl Ave and Wadsworth Blvd to individual homes.  Each Columbine West participant will have maps showing locations of other homes that are participating in the Community Garage Sale.

Every participant will determine their own hours....and this weekend's weather will be perfect!!

Here's the map of participants!!  

Columbine West Real Estate Performs Well in 2016

by John Basila

Last Year was a good year for Columbine West Real Estate!!

Beyond most expectations, the Median Home Values for Columbine West Real Estate increased by 9.4%.

Columbine West Real Estate Values outperformed the Littleton Real Estate increase of 8.9% in 2016.

Over the past 7 years, Columbine West has averaged 6 home sales per month.  In 2016, the Columbine West Real Estate market performed better than average, with 77 sales.  We currently only have ONE home that is actively for sale, which means that Columbine West Real Estate is still in a strong "Seller's Market".  There is still a huge demand for Sellers in Columbine West.

With the huge demand and limited inventory, homes are still selling very quickly if the house is priced right & in good condition.  On average, homes in Columbine West were only active for 6 days before going "Under Contract" with a Buyer. 

At A Denver Home, our Sellers average 2.4 Days On Market and sell their houses for 102.2% of their aggressive List Prices.  If you're interested in Selling your current house or simply want to know its current Market Value, please contact Littleton Realtor John Basila for a complimentary Market Analysis.  Columbine West Real Estate is expected to have another stellar year in 2017.

John Basila, Broker/Owner of A Denver Home, can be reached by email at columbinerealtor@gmail.com or by phone at 303-589-9034.

Columbine West Neighborhood Garage Sale 5/6 & 5/7

by John Basila

I'm sponsoring the Community Garage Sale in Columbine West again this year.

Here's a map of the participants:

John Basila
A Denver Home
(303)589-9034
 

Columbine West Real Estate Has An Awesome 2015 !

by John Basila

Columbine West Real Estate performed very well in 2015.  Even though there were more properties sold in Columbine West than in prior years, prices continued to rise and the length of time properties spent on the market declined.

On average, there were 8 homes sold each month in 2015 in the Columbine West neighborhood. 

There was a huge demand for houses in Columbine West in 2015.  With limited inventory still being an issue, Columbine West was very much a "Seller's Market".  This helped the Median Sales Price increase by 14.3%, which was significantly higher than the growth of 12.3% seen throughout Littleton, CO. Click here for more information on Littleton Real Estate.

It's also taking a lot fewer days to sell a property in Columbine West.  In 2015, the Median Days on Market fell to 5 Days. 

The Columbine West Real Estate market is still very hot!  Currently, there are no properties "Active" in the MLS.  There are a number of Buyers looking, but nothing to choose from.  If a property is in good condition and priced right, it will sell very quickly.

If you're thinking about Selling your house, please visit denverhomereport1.com for a complimentary pricing analysis.  You can also contact us by phone at (303)589-9034 or via email at columbinerealtor@gmail.com.

 

 

 

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.

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 13

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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