Well we’re into the second half of the year already so let’s look at July’s figures.  I see a lot of RED!  Understandably, the inventory levels are less than in previous years but let’s not get caught up in all of that.  Let’s look at what we have right now.  To me it looks pretty good.

Sellers in most South Denver real estate zip codes are looking at fairly low months of inventory.  Sellers in areas such as Parker, Highlands Ranch, Lone Tree and Englewood all enjoy a seller’s real estate market.  Like I always say however, an overpriced home in less than good condition will struggle to sell in any market.  So sellers need to stay focused on price and condition.

Buyers never fear!  There is still enough inventory out there for you to find the perfect home.  Take advantage now of these all time low rates which improve your buying power tremendously based on mortgage qualification and monthly payments.  If you find the home you like, act on it.  It is a great time to buy, really.

If you are looking to buy your next home or maybe sell your current home, please contact me and let’s see how I can help.  I’m active in the market and stay current on real estate values and trends.

720-849-6101

We are a bit more than halfway through the year already so let’s take a look at June’s statistics for the midyear.  Most zip codes for the south metro Denver area remain  pretty steady as far as sales and inventory levels.  In fact, most are pretty good  for the market with most zip codes staying “red”, which indicates a fairly hot market for sellers.

Parker and Castle Rock both have large numbers of active inventory and Parker continues to show great activity in it’s 80134 zip code!  Highlands Ranch reflects a seller’s market as well as many of the zip codes just north, including Englewood, Centennial and Greenwood Village along with others.

If you are a seller in one of these South Metro Denver zip codes, remain competitive on price, condition and depending on your price range, you may need to remain patient.  Even though it is a stable market according to statistics, the hottest prices remain between $200-$500k.

Buyers, stay active and engaged in the market. If you are ready to buy, then don’t believe the inventory will remain on the market forever and there is an overabundance of choices.  As you can see, in most areas inventory is to the seller’s advantage and the best homes continue to sell quick.

The Denver Real Estate market is pretty good. If you would like a more detailed look at your own home’s value or if you are looking to buy, please contact me I would love to help.

There has been many opinions, pro and con regarding the Douglas County Schools of Choice Scholarship / Option Certificate / Voucher Pilot Program. I have also seen it called a variety of names including vouchers, option certificates and Choice Scholarships, the latter seeming to be the current.  In any case, the pilot program has passed by the Douglas County School Board and a time line has been set to implement the program.  Parents can sign up for interest and soon (5/2/11)  they will be able to apply for the 500 possible Option Certificates / Choice Scholarships to attend private schools in the area.  According to the time line, The application deadline will be 5/12/11.

While there are a variety of qualifications, the two that stand out to me is that your child must currently be enrolled in a Douglas County School this current 2010 – 2011 school year and the school you wish to use the Option Certificate must be approved.

Schools have now applied for approval into the program as the deadline was last Friday 4/15/11.  According to the DCSD website, 28 area private schools applied.   You can see a list here.

The schools that have applied are now being reviewed and a final list of accepted schools will be published on May 2, 2011.

Denver South Metro Suburbs Real Estate Market Report & Trends by Zip Code

Denver real estate market trends for February look to be spread pretty evenly again this month.

There are 7 zip codes in the south Denver metro area that months of inventory have increased, 6 zip codes that have remained relatively flat and 7 which have decreased.  This data is compared to real estate activity for these south Denver area zip codes from January 2011.

Of course, in most zip codes there will generally be a wide range of value for homes. Average homes sales price and days on market can sometimes skew quite a bit, depending on what price range in the zip code had the most activity. For example, if a few of the higher priced homes in the area sold this month then it would likely reflect a higher average sales price.  At the same time, if several very well priced homes in any price range came on the market and sold quickly, then the average days on market may be lower.

You’ll want to determine the data for your own neighborhood, since real estate is always very local.  However, this data can be very helpful in determining real estate trends for the area. 

If you’re considering a move or just curious about your neighborhood, give me a call or email and I would love to help or go over the statistics with you for your local Denver neighborhood.

In case you haven’t heard yet, today on The Ellen Show, a teacher from Rock Canyon High School, Chris Page, was given a car on the air. My wife just heard about this and we just watched the video – its really great!

Additionally Rock Canyon received a very generous gift as well.

We are so fortunate to have great schools and great teachers in the Douglas County School District. I don’t know Chris personally but we are very lucky to have teachers like him all over the school district.

Congratulations Chris!  I’ll wave if I see ya sporting your new car! 

I can’t seem to embed the video here at the moment, will later if I can – but for now you can go to The Ellen Show youtube channel to see the event take place.  Very nice!

Rock Canyon High School Teacher Receive Car From Ellen in Highlands Ranch CO