In this week’s edition of our real estate update on the Stapleton market we’ll show you all the new, under contract and sold listings from around the neighborhood as we always do. In addition, we’re also going to introduce you to homesinnorthend.com, our site where people can sign up to stay informed as we bring continual updates on “North End”, Stapleton’s final neighborhood. More on that in a bit, let’s jump in!
This week there were 12 new listings in Stapleton, more than twice as many as last week which is nice for buyers.
Of the new listings, my favorite (and I may be a little biased because it’s our listing but I think you’ll agree!) is 9236 E 52nd Dr in Wicker Park! This KB craftsman style single family home sits on a lush courtyard and faces West with great mountain views from the porch and master bedroom! It has a wide open main level, amazing finishes, a hardscaped backyard & beautiful finishes. (like that white kitchen and plantation shutters you’ve been looking for!) At $574,900 I think it will be gone by Monday. To learn more check out this virtual tour, stop by Mariel’s open house Saturday from 11am – 2pm or give Mariel a call at (720) 320-3536. (She’s also going to do a Facebook Live there tomorrow which you can watch on the Stapleton Scoop Facebook page)
If you’re looking for a large single family home on the South side of Stapleton with a walkable location you may like the Thrive Home Builders home located in Eastbridge that was just listed by Neil Walton with 360 Dwellings Real Estate. The home, located at 10872 E 28th Pl, features an open layout, finished basement and a nice “alley corner” backyard with a pergola covered patio. Just an easy bike ride to Stanley Marketplace, the Eastbridge Town Center and the Anschutz Medical Campus ! (We built in this same series and love it!)
In the last week we saw 7 homes go under contract in Stapleton. One trend we’re noticing lately by watching the market every week is 15 of the last 16 homes that went under contract in Stapleton were $550k or less! That’s pretty interesting considering we have 23 homes available on the market for $550k or more! Seems like things in the $500k’s or less are moving quickly but above that many homes are taking a few weeks to sell. The average days on market (which is how long it is between when a home is listed and when it goes under contract) is 24 days for homes $550k or more.
So, you’re not here to hear stats… you might be reading because you’re a potential buyer or seller. So what do these stats mean to you? To keep this brief I’ll just offer one take away. As a buyer I’d say be sure to know how much leverage you have with any potential purchase. Are you one of 3 buyers for a home that shows well and is priced at $475k? Then you better sharpen your pencil and get ready to compete with an aggressive offer. Are you the only buyer, the house is priced at $800k and it’s been on the market 5 weeks? You may have some wiggle room to negotiate and I don’t think you necessarily need to come in guns blazing with a full price offer. Know where you stand and offer accordingly. Your agent should be able to help you determine where you stand.
There were 10 Stapleton homes that closed this week and you can check them all out above.
There are a total of 52 active resale homes currently on the market, with availability in nearly every neighborhood.
If you’re not finding what you need in the resale market we have a few things to mention that you may find valuable.
First, I have a coming soon listing in Bluff Lake (DPS school district). It’s located at 11067 E 26th Ave and I suspect it will hit the market in very early October listed in the $575k range. (final price TBD). This one level ranch style home features 4 bedrooms, vaulted ceilings, tons of light and it’s walking distance to Stanley Marketplace and Eastbridge! We don’t have photos yet but you can check out some pics from Zillow here if you just want a sneak peek. Email me at firstname.lastname@example.org if you’re interested and I’ll keep you posted as we get closer to listing it.
Last but not least, I wanted to follow up on homesinNorthEnd.com, our page where you can sign up to stay posted on all things “North End”. There is about 2 years worth of new build homes to be built in Stapleton’s last neighborhood and we wanted to create one easy way for interested people to sign up and stay informed when new information comes out. We’re going to email out this news & notes to this list as we learn new information, so if you want to be in the know on the area this is your chance. When you sign up the first thing we’ll send you is a builder cheat sheet which shows you all the new home series in the area & the likely end price in each one. (that way you don’t have to do the leg work!)
Lastly, if you’re looking for a Stapleton-based agent (and neighbor) to help you find your perfect home, Mariel, Amy and I at Focus Real Estate are here to help! My information is below and I’m here to help!
Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Stapleton, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!