New Listings June 2023

Don’t miss this opportunity in a great location in Longmont. 1177 Hummingbird Circle is an almost new home that boasts nice finishes and open floor plan including granite countertops and maple cabinets. This home is located 5 minutes from the new Costco, easy access to Boulder and I-25. Enjoy the community feel with the park 100 ft away. Call (970) 420-4498 to schedule a private tour or click here for more information.

Lindsey Crisanti | MLS# 988882

Great opportunity on a well situated lot that backs up to one of Brown Farm’s many open spaces. Gardeners and pet owners will appreciate the back yard set up with the fully enclosed fence and fenced off garden area. The basement here could be easily finished for future expansion. This property has been pre-inspected and is being sold in As-is condition. There is plenty of room for someone to put their own sweat equity into making 2700 Garden Drive their own. Call (970) 215-1573 to schedule a private tour or click here for more information. 

Brandon Bidwell | MLS# 988916

Welcome to your forever home! 2245 W 45th Street is a custom-built 3-bedroom, 2-bathroom beauty is the perfect spot for families looking for room to grow. You’ll love the open floor plan, hardwood floors and cozy gas fireplace that make it feel like home right away. The huge volleyball court in the back is great for outdoor fun and entertaining, while the private patio with its own entrance from the primary bedroom will be perfect for hosting summer BBQ’s or just enjoying some much-needed peace and quiet after a long day. With mature landscaping all around, you can truly appreciate all of nature’s beauty from our own backyard. Plus, you’re within walking distance of Lucille Erwin Middle School as well as nearby parks and walking paths- how convenient! Don’t miss out on this one-of-a-kind gem. Call (970) 310-6999 to schedule a private tour or click here for more information.

Alexis Foster | MLS# 989014

END UNIT 1.5 STORY CONDO. Welcome home to this 3565 Windmill Drive #A-1, which features 2 bedrooms and 2 bathrooms, providing a cozy yet spacious living space. The open and functional layout is perfect for both relaxing and entertaining, with ample natural light flooding the interior. The kitchen is well-appointed, offering modern appliances, ample counter space, and storage options. Adjacent to the kitchen, you’ll find a cozy dining area and a main floor fireplace. The bedrooms are generously sized, providing comfortable retreats for everyone in the household. The primary bedroom doubles as a loft space with access to a full ensuite bathroom. The bathrooms are well-appointed and feature modern fixtures and finishes. Move-in Ready – including all appliances and Washer and Dryer. Enjoy the private patio, maintenance free living, and convenience of Chestnut Village! Call (970) 534-5440 to schedule a private tour or click here for more information.

Ben Barnhart | MLS# 989392

Welcome home to 5551 29th Street #4113! Nestled in the heart of town, you’ll enjoy all the benefits of suburban living. Inside, you’ll find a beautifully updated kitchen complete with stainless steel appliances and pantry storage for your convenience. The light and bright living room features a cozy gas fireplace and durable solid surface flooring throughout the main floor. Step outside onto your covered front porch or fenced-in backyard – perfect for entertaining guests or relaxing after a long day! There’s also an office/bedroom on the main floor, an attached garage, and a generously sized primary bedroom featuring a 5 piece master bath with separate shower & soaker tub. Don’t miss out – call (970) 310-6999 to schedule a private tour or click here for more information!

Alexis Foster | MLS# 989282

Welcome to 2239 Calais Drive 11I! This cozy 1 bedroom, 1 bathroom condo in beautiful Boulder County is perfect for those looking for easy access to all that the area has to offer. With all new carpet throughout, main floor laundry, and a private entrance leading out to a covered patio, this property offers plenty of comfortable living space. This home also has plenty of added amenities like a new water heater, furnace & AC unit so you can rest easy knowing all the big-ticket items are taken care of. The large primary bedroom includes vaulted ceilings and a 5-piece master bath with walk-in closet. The living room has plenty of sunshine streaming in from its vaulted ceilings along with a warm gas fireplace for cozy evenings at home. And the added bonus of Ute Creek Golf Course right across the street makes it easy to enjoy some outdoor activities whenever you’d like! Shopping, walking paths, and easy highway access make this an ideal location too – so what are you waiting for?! Low maintenance condo living awaits! Call (970) 310-6999 to schedule a private tour or click here for more information.

Alexis Foster | MLS# 989283

Fantastic opportunity on one of Golden Meadows premier lots! 4107 Attleboro Court is just a door over from beautiful Collindale golf course. This home was originally built by the developer for a family member and it has it all! From the Huge Primary Bedroom with Vaulted Ceilings to the variety of living areas or rec rooms there is space for everyone and everything here. The oversized 3 car garage has 220 Volt service. If that isn’t enough room for storage there is a shed in the back yard as well. Other features include a Covered Porch and Patio, 2 fireplaces, A/C, Radon Mitigation and a sump pump. Call (970) 215-1573 to schedule a private tour or click here for more information.

Brandon Bidwell | MLS# 989694

Welcome home to 7624 Moore Court, a stunning property located in the highly desirable area of Sierra Vista. Situated on a spacious .35-acre lot, this beautiful home offers a wealth of features and updates that are sure to impress. With 4 bedrooms and 2 1/2 baths, there is plenty of space to enjoy. The home has undergone various updates, including new carpet throughout. The kitchen boasts elegant granite countertops, complemented by fairly new appliances and a large window above the sink, allowing natural light to flood the space. The master bedroom is generously sized and features an updated ensuite bathroom, providing a serene retreat for relaxation. A wood fireplace adds warmth and charm to the living area while the swamp cooler, room A/C and ceiling fans add cooler temperatures. The wet bar is a great addition for entertaining guests, and the large covered back porch offers a delightful space for outdoor gatherings. There is a shed and workshop, providing ample storage and workspace for hobbies and projects. Situated on a cul-de-sac, the property offers a peaceful and private setting. Golf enthusiasts will appreciate the proximity to golf courses, while nature lovers can explore the nearby Standley Lake and National Wildlife Refuge. The Apex Rec Center and Arvada Center offer recreational and cultural opportunities for residents to enjoy. This home in Sierra Vista truly offers the best of both worlds, a tranquil and spacious retreat with convenient access to amenities and natural beauty. Don’t miss the opportunity to make this your new home sweet home. Call (970) 590-4841 to schedule a private tour or click here for more information. 

Suzanne Ekeler | MLS# 989608

Welcome to 2724 Worthington Avenue, a charming 3 bedroom and 3 bathroom ranch style home nestled in Mid Town. Enjoy sitting next to the wood burning fireplace in the winter or taking in a movie on the large theatre screen in the basement on a hot summer night. Situated on a large lot, this property boasts ample space for outdoor activities and entertainment. The expansive yard provides endless possibilities for gardening, hosting gatherings, or simply reveling in a little elbow room. There are 2 sheds in the backyard offering additional storage space for tools, equipment, or recreational items. These sheds are perfect for those who enjoy pursuing hobbies or need extra room for storing belongings. The roof was replaced in 2018 and the furnace and air conditioner were replaced in 2017. There is NO HOA OR METRO TAX. Don’t miss your chance to make this lovely property your own! Call (970) 401-0123 to schedule a private tour or click here for more information.

Rondi duPont | MLS# 990191

Welcome to this charming farmhouse, nestled on a .46 acre lot in a quiet neighborhood. At 2751 W Reservoir Road, enjoy the peace and serenity of country living with all the conveniences of city life nearby. This 3-bedroom, 2 bath home is perfect for entertaining family and friends, with plenty of room for RV’s and toys! You’ll also find fruit trees throughout the property – ideal for making homemade Cherry jams or Apple pies! Cozy up to the wood stove with a good book or relax on the porch swing with a refreshing lemonade. The partially finished basement offers extra living space; perfect for family game night or an evening spent relaxing in front of the big screen. Conveniently located near shopping, dining, parks; this is truly a great place to call home! Don’t miss out on this amazing opportunity – call (970) 690-5707 to schedule a private tour or click here for more information. 

Jared Foster | MLS# 990579

2662 Diamondback Drive is better than new! Just a year old and move-in ready. Outdoor enthusiasts will enjoy the entertainment set up out back with TV hook-up. Not to mention the neighborhood park, tennis courts, pool, gym, and choice of two dog parks. The detached garage is pre-wired for electrical car hookup and there is also concrete parking pad right next to it. Interior Features include: stainless steel appliances w/ gas range, Soft close cabinets/drawers, 42 inch cabinets, pendant lights, tankless H20 heater and hardwood floors. The use of space is very efficient and you’ll find plenty of storage between the pantry, walk in closets and 4′ crawl space. Call (970) 215-1573 or (970) 829-1914 to schedule a private tour or click here for more information. 

Brandon Bidwell + Jared Sickels | MLS# 990697

5331 Emmaline Lake Court is a spacious 3,300+ SF home in the Timnath Ranch – West Village and is an entertainer’s and chef’s dream. Enjoy the open layout with loads of natural light and a vaulted family room. The large chefs kitchen has been remodeled with quartz countertops, a huge island, copper sink, high-end gas range and double ovens. There is a butler’s pantry leading to the formal dining room which is great for hosting a dinner party. The main floor also has a large study and 3/4 bath. Upstairs you’ll find the 3 bedrooms, each with their own en-suite bathrooms and a large loft for a second office or hangout space. The primary bedroom has a coffered ceiling and leads to a very luxurious bathroom with a stand-alone tub, seamless entry shower, dual sinks and a heated tile floor that extends all the way through the walk-in closet. The home sits on a .28 acre lot at the end of a cul-de-sac and backs to a large community owned open space providing backyard privacy. The home has solar panels which are paid off and will be transferred to the new owner at closing making your utility bills super low! Don’t miss out on this one, it will sell quickly!! Call (970) 646-3035 to schedule a private tour or click here for more information. 

Aaron Pearson | MLS# 990576

Welcome to 1974 Saddleback Drive! This 3 beds, 3 bath property is situated in an incredible location across the street from Ehrlich Lake with plenty of walking paths for enjoying the great outdoors. The kitchen is a chef’s delight with a gas range and granite countertops – perfect for whipping up delicious meals! Enjoy hard surface flooring on the main level that is easy to maintain. Relax in the large master bedroom with 5-piece master bath and walk-in closet. Keep laundry hassle free with washer/dryer on the same level as bedrooms. Guests will appreciate their own private shower and toilet room in the guest bathroom! Outside, enjoy your own private oasis in your fenced backyard complete with oversized patio and fire pit area – perfect for entertaining or just enjoying some peaceful downtime under the stars! Don’t miss out on this amazing opportunity – make it yours today! Call (970) 310-6999 to schedule a private tour or click here for more information. 

Alexis Foster | MLS# 990551

Welcome to 805 Spruce Mountain Drive – your dream getaway! This 3 bed 3 bath home has everything you need for year-round living or weekend retreat. With over 3,600 total Sq Ft this home offers ample living space. Enjoy views of nature from the open floor plan featuring cathedral ceilings in the living room. Relax in the jetted tub after exploring Cedar Springs Reservoir with a paddleboard, canoe, or fishing rod! The 1,000 sq ft detached garage will provide plenty of storage for your vehicles and your outdoor gear or your vehicles. Only 30 minutes away from Estes Park and Loveland. Call (970) 690-5707 to schedule a private tour or click here for more information. 

Jared Foster | MLS# 990202

3140 Branding Iron Court, located in Mill Iron 5 Ranch Estates, is fantastic! With its spacious 1.87-acre lot, large windows, and vaulted ceilings, it’s clear that natural light and an open atmosphere were priorities in its design. The 4 bedrooms and 3 bathrooms offer ample space for comfortable living, and the oversized 3-car attached garage provides convenience and storage options. The open floor plan, complemented by stainless steel appliances, a gas stove, and a double oven, creates a modern and functional kitchen. The walk-out basement adds another dimension to the home, leading to a large backyard that overlooks nature and offers views of the Mad Russian Golf Course plus has a 6-man hot tub. The decks are perfect for entertaining guests or enjoying outdoor activities. Additional features such as a surround sound system in the basement, gas fireplace, a whole-house humidifier, a tankless hot water heater, and a hot/cold spigot in the garage enhance the comfort and convenience of the home. The presence of a security system adds an extra layer of protection for peace of mind. Living on a cul-de-sac provides a quieter and safer environment. Overall, this home offers a great combination of amenities, location, and scenic surroundings. Call (970) 590-4841 to schedule a private tour or click here for more information.

Suzanne Ekeler | MLS# 990397

Welcome to 8213 Surrey Street, a stunning 3-car ranch home with a great layout, fully finished basement and wide-open front range views! This remarkable property offers a harmonious blend of modern living, convenient amenities, and a prime location with access. Get ready to be captivated by the exceptional features, nearby natural beauty and the vibrant neighborhood that makes this residence an outstanding home. Featuring 4 bedrooms and 3 bathrooms, this home provides comfortable living spaces for everyone. The well-designed floor plan ensures a seamless flow throughout the home, with an abundance of natural light that creates a bright and inviting atmosphere. The spacious kitchen boasts an island worth gathering around, modern appliances, and ample counter space, making meal preparation a breeze. Hardwood floors, quartz countertops and 42″ custom cabinets complete the kitchen, which extends into the large living area with an open floor plan and vaulted ceilings. The wrought-iron staircase leads to the large, finished basement including a wet-bar with refrigerator, a full bathroom, two huge bedrooms, a great room, and tons of storage space. The privately tucked away primary bedroom features patio access, direct access to laundry, a large closet, and a well-appointed 5-piece ensuite bathroom. Outdoor enthusiasts will appreciate the nearby parks, river, and recreational areas, providing opportunities for outdoor activities and enjoyment of the beautiful Colorado landscape. Greeley is also known for its vibrant arts scene, with numerous galleries, theaters, and cultural events that showcase the city’s creative spirit. Greeley’s northern location within the state allows for easy access to the breathtaking Rocky Mountains, where outdoor adventures await. Call (970) 534-5440 to schedule a private tour or click here for more information.

Ben Barnhart | MLS# 990613

1707 Vista Point Drive is a very tastefully updated home with lake views and backing to green space in Severance Shores! Light and bright living room with a fireplace and vaulted two story ceilings give this home an open feeling. The basement has been finished with a full wet bar and lots of space for entertaining. Enjoy the large primary bedroom space with the upgraded bathroom and one of the largest showers you will see when you are out seeing homes. The garage is an oversized 3 car with a separate shop/hobby space. The garden beds and fire pit round out the wonderful space to enjoy those Colorado evenings. Come see this home today! Call (970) 673-7285 to schedule a private tour or click here for more information.

Paul Hunter | MLS# 990724

Welcome to 475 Atacamite Court – your future home sweet home! This stylish property is nestled in a peaceful cul-de-sac in Anderson Farm, near shopping and restaurants. Step inside the front door and you’ll be greeted by solid maple wood floors throughout the main level – perfect for entertaining family and friends. The remodeled bathrooms featuring upgrades like quartz vanity and white subway tile for an updated look. You’ll also find stainless steel appliances in the kitchen, as well as a large unfinished basement that is ready for your personal touch. Outside, take advantage of the lush green grass and large shade trees – perfect for outdoor activities and summer BBQs! Don’t miss out on this incredible opportunity to make this house your own – call x to schedule a private tour or click here for more information.

Jared Foster | MLS# 990919

You don’t want to miss out on this updated & affordable condo in midtown! 1305 Kirkwood Drive #108 is a 2 bed, 1 bath condo and is move in ready. This garden level, end unit, has a great open floor plan and LVP flooring throughout. The kitchen has newer stainless-steel appliances and newer countertops. In your free time you can enjoy the pool, tennis courts, clubhouse and picnic areas. You will also save on bills in this condo as the heat, water and trash is paid by the HOA. Units have one assigned covered parking spot. Call (970) 232-4844 to schedule a private tour or click here for more information.

Phil Cooper | MLS# 991117

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Who Would Have Guessed?

Pretend it is 2013. The real estate market is clearly recovering from the Great Recession. The Broncos are having a great year and will eventually make it to the Super Bowl.

Now, imagine someone makes a prediction that 10 years in the future mortgage interest rates would double over the course of 12 months.

If you were to guess what sort of impact on house prices that would cause, what would you say?

It would be reasonable to guess that prices would decline if mortgage rates doubled.

Here’s what really happened. Prices kept going up.

Some thought prices would crash. Many thought prices would go down.

They keep going up. Not as fast as they were, but they are still up.

Compared to one year ago, prices are up the following amounts:

Larimer County = 2.6%

Weld County = 2.2%

Metro Denver = 1.1%

Why? Supply and demand.

Supply is low and there is still demand in the market.

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The Listing Solstice

Wednesday marked the first official day of summer and the longest day of the year.

Coincidentally, the research shows us that listings are taking far longer to sell than one year ago.

Specifically, days on market has increased by the following amounts in our market versus exactly one year ago:

 

Larimer County: 210%

Weld County: 100%

Metro Denver: 122%

 

Even though days on market is up significantly over one year ago, properties are selling faster on average than what is considered ‘normal.’

Over the last 10 years, average days on market has been between 70 and 50 days. So, while properties are taking longer to sell versus the market of one year ago, they are still selling much faster than normal.

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High Active

The average price of all active listings is likely much higher than you think.

For example, the average listing price of the nearly 5000 properties for sale in Metro Denver is nearly $1,000,000.

Here is the average price of all active listings along the Front Range:

Larimer County: $886,000

Weld County: $736,000

Metro Denver: $939,000

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High Active

The average price of all active listings is likely much higher than you think.

For example, the average listing price of the nearly 5000 properties for sale in Metro Denver is nearly $1,000,000.

Here is the average price of all active listings along the Front Range:

Larimer County: $886,000

Weld County: $736,000

Metro Denver: $939,000

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A New Change

There is a new type of change to be prepared for.

One interesting way to track the market is to measure the year-over-year difference in inventory.

Quite simply, this looks at how many homes are available today versus the same time one year ago.

For the past several months in a row, the difference as measured by percentage change, has been significant.

That is because inventory levels between May of 2020 and May of 2022 were rock-bottom low.

For example, inventory in March of this year was up over 120% compared to March 2022.

When measured against historical numbers, inventory in the first half of this year is incredibly low.  But, when measured against the first half of 2022, inventory is significantly higher.

Well, that is about to change because inventory increased in June and July of 2022.

So, now when we look at inventory levels versus a year ago, the percentage change will be more modest.

For example, Northern Colorado inventory today is up only 8% compared to one year ago.

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Not What Many Thought

Despite higher interest rates, prices did not decrease like many people thought. They certainly have not crashed like many thought.

Average prices along the Front Range have seen only a slight decrease versus last year.

The average price in May this year has decreased versus May of last year by:

 

2.5% in Larimer County

3.2% in Weld County

2.8% in Metro Denver

 

When we take a closer look, what is apparent is that average prices have decreased based on the type of properties that are selling versus last year.

Specifically, there were more $1,000,000 – plus homes selling a year ago versus today. Those higher-end transactions in 2022 increased the average price.

In May of 2023, $1,000,000- plus transactions decreased versus May of 2022 by:

 

33% in Larimer County

29% in Weld County

35% in Metro Denver

 

So, we don’t see that prices have gone down. We see that average price has slightly decreased because they aren’t as many luxury sales pulling up the average.

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