Below is the latest information on what’s happening in our Stapleton real estate market this week!
Our goal is to provide you with a quick, easy to use weekly snapshot that shows you details on this week’s new listings, under contract deals and closed sales! Note that this is just focused on the Stapleton “resale” market, if you want info on Stapleton new builds try our New Homes section. You may also want to check out the post I did this week on LENNAR, the newest Stapleton builder who has a model home opening this weekend! LENNAR blog post.
Click on any of the links below to see maps, pictures and details about all of these properties!
This week we have 9 new homes that hit the market which is the same as last week. Overall we’ve seen the pace of new listings slow down a bit in July compared to previous months.
I had to do a double take when I saw the yard for the new listing on 2702 Alton St. It’s huge! I love the massive porch and walnut floors on that one as well. There were actually a few new ones in the $700k’s if that is the price range you’re interested in.
10 homes went under contract this week which is a little slower pace than what we had been seeing each week in May and June (about 17 per week). Some sold in just days but many took a week or even a month to sell. Well priced homes that show well, especially in the lower price ranges, are still going fast with multiple offers. I bid up to $15k over the asking price on the 2738 Wabash property in this list of under contract deals and we still lost out. Sellers in the lower price ranges are still benefiting from bidding wars and buyers are still getting worn out by them.
There were 14 sales this week that closed which is on pace with what we’ve been seeing lately. These are the closings that went under contract in May and early June when the spring market was in full swing. Many of these sold almost immediately and a most of them sold for above asking price.
I noticed that several of the larger KB paired homes without basements sold for $407.5k – $425k, up a tick from recent sales in the high $300k’s. Several Century Community town homes, such as the one at 2346 Central Park Blvd, are selling for the mid to high $300k’s which is also a shift up in value. The mid to lower ends of the price range are seeing some significant appreciation lately.
There are now 43 total active resale listings in Stapleton, which is up just slightly but still very low inventory considering we have well over 6,000 homes in the community.
If you have any questions about the info above or if I can be of service as a Stapleton based real estate broker please let me know!
Joe Phillips | Synergy Real Estate Team | (720) 299-1730 | firstname.lastname@example.org