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Vida Real Proprties Won't You be my Neighbor?

In this issue of Won’t You Be My Neighbor? Vida Real Properties looks at the real estate market conditions for the zip code 80640 which is mostly the town of Henderson (see map) and is part of unincorporated Adams County. Let’s start off by looking at the chart below which shows the median sold price for the 12 months and the number of listings for sale by month.

Prices, like in most of metro Denver, have steadily increased. For this area, sold prices increased by almost 16% over one year ago. Inventory peaked at about 20 homes for sale last September but there are currently only five single family residences for sale. Let’s look at this closer.

 

Housing Inventory Active For Sale

Homes for Sale, 80640

The number of all active listings for the 80640 zip code is only five (5). The table above shows that the median list price is $370k for a 1,950 sq.ft. (total 2,908 sq.ft.) home with 3 beds/3 baths.  Remember the stats provided in the first section is for sold homes only. However, it still shows the trend is to price homes  higher than those that just sold. The homes in this area tend to be newer and bigger. The price per square feet is actually very competitive for the market.

As far as demographics, crime stats and school data, you can visit Vida’s Market Insider to find out that information.
Looking to buy or sell your home?  You can contact me  by email  or call 720-253-8513.

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