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Just Listed: Charming Two Story Home in Parkfield North

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Come take a look at this charming two story home in highly desirable Parkfield North!

Nestled on a quiet street, the curb appeal is noticeable and highlighted by the gorgeous stonework surrounding the attached two car garage and a great front porch perfect for enjoying your morning coffee. Inside, the warm interior features 4 large bedrooms including the primary suite with a large walk in closet every Buyer dreams of and a full en suite full bathroom with stylish finishes. The remaining 3 bedrooms can all be found on the upper floor and feature new carpet and plenty of closet space, and down the hall is a second full guest bathroom. The kitchen has abundant cabinetry with new hardware, gleaming quartz countertops, fresh subway tile backsplash, new stainless steel appliances, and is perfectly situated in the massive open living space with plenty of windows letting the sunshine stream in. A large yard and patio that backs to open space and walking paths complete this gorgeous property!

Listed by Alex Swanson for West + Main Homes. Please contact Alex Swanson for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(720) 903-2912
hello@westandmainhomes.com

Presented by:
Alex Swanson
(720) 883-1903
alex@westandmainhomes.com

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Just Listed: Beautifully Updated Home Skyline Estates

 
 
 

Homes in this highly desirable neighborhood don't come on the market often!

Beautifully updated with a huge fully-fenced backyard, recently finished basement, and a main-level primary bedroom [with 5-piece bath!], this home sits on a quiet street lined with mature trees that absolutely glow with color during Fall. Open concept, yet complete with a formal dining room, this refreshing home contains vaulted ceilings, a loft, gorgeous hardwood floors, and a renovated kitchen + bathrooms. Host visitors in the separate guest quarters downstairs that even include their own wet bar. In Spring, watch the large backyard tree bloom while you take advantage of the expansive green grass for games and lounging. In Summer, enjoy BBQ time on the backyard patio as friends practice their putt on the mini putting range. During Fall, savor an evening drink while sitting at the eat-in kitchen bar as you watch the leaves change outside through the large living room windows. And in Winter, cozy up to the beautiful fireplace with a warm beverage and a great book or your favorite show. Regardless of how you choose to spend the seasons in this lovely home, it will continue to meet your needs and expectations with remarkable comfort year round. Main-floor laundry and an oversized three-car garage add the icing on the cake to this Arvada gem that is just minutes driving-distance to Olde Town, close to I-70, I-76, the light rail, and near to numerous restaurants and retail stores -- Target, Natural Grocers, and Home Depot, to name a few. Welcome home!

Listed by Brandi Wolff for West + Main Homes. Please contact Brandi for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(720) 903-2912
hello@westandmainhomes.com

Presented by:
Brandi Wolff
(303) 587-0911
brandi@westandmainhomes.com

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Just Listed: Beautifully Remodeled Home in Village of Five Parks

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Welcome home to Five Parks!

Your lovely home is going to be your friends' favorite place to hang out from the moment they drive through this thoughtfully planned, dreamy neighborhood, passing by the awesome clubhouse, pool + splash pad and up to your quiet corner lot. They'll ooh + aah over the charming front porch swing, the large picture windows, the newer hardwood floors, and the soaring 25 foot ceilings as you lead them into the gorgeous open great room. Start the party with handcrafted cocktails at your huge island, then head out to the lush and shady backyard, where you can keep an eye on the kiddos while throwing a ball for the dog! Mosey over to one of the wonderful neighborhood restaurants for BBQ, upscale pub fare, pizza or a latte, with plenty of room for guests to stay overnight, with 3 bedrooms upstairs + a spacious loft. Zooming into work or enjoying an easy commute to Boulder, Downtown, or even DIA? With a home office niche, 3-car garage with workshop, all the upgrades done, a wonderful HOA + community and access to miles of trails, Standley Lake, the foothills and more, your weekends will be free to enjoy everything you enjoy about Colorado life. You are going to LOVE living here!

Listed by Sarah Moore for West + Main Homes. Please contact Sarah for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(720) 903-2912
hello@westandmainhomes.com

Presented by:
Sarah Moore
(720) 210-7153
sarahmoore@westandmainhomes.com

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A 2021 Year-End Thank You from West + Main - We Couldn't Be More Grateful

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Thank you to every single person who trusted, supported, recommended or referred a West + Main agent in 2021!

During a year which seemed to weave in + out between sort-of normal and definitely not, we’re beyond grateful for every loyal member of our team. From our amazing agents who go above and beyond every day to serve their clients and communities, to every member of our staff who keeps everything running smoothly all while taking on new changes, challenges and situations as quickly as they come.

How do we round up 2021 into a tidy, organized summary?

We’re not even going to try. But we do want to acknowledge some of the wonderful ways that West + Main has supported and thrived in the past 12 months.

Our brokerage has grown in a multitude of ways…even more talented and caring professionals have made the choice to work with us, and we don’t take it for granted that they are being constantly hit with messaging from other brokerages, and they continue to call West + Main their Real Estate home. Thank you all, we love you so much and we are so honored to support you so that you can serve your clients!

We got together safely as much as we could this year…through small Accountability Team gatherings, workshops and even a couple of mostly-outdoor celebrations, it was such a pleasure to get to know our people and their clients a little better, to spread some cheer, to learn and grow and collaborate. Of course, we spent thousands of minutes together online as well, and produced a lot of recorded content…one of the very minor bright-sides of the pandemic…we know how to produce a kick-ass show, and it’s all available by replay!

We were able to expand on a lot of programs this year…issues of West + Main Home Magazine were distributed to about 25,000 people, pop-up Feel Good Fridays continued to support so many important + worthy local non-profit organizations, as well as individuals in need (most recently, survivors of Colorado’s Marshall Fire who are experiencing loss + displacement) and our partnerships with our local, state and national Associations continue to expand in order to support both housing and diversity initiatives.

West + Main’s Mentor Program and Managing Broker Career Path continue to evolve, and we are so thrilled with the results from these innovative efforts to provide a life-long and untraditional journey for both New Kids and seasoned agents which create a sustainable full-circle career cycle for our Realtors, offering new opportunities, income streams, and relationships.

Through strategic growth, we are also happy to say that we have served more clients across Colorado and Oklahoma, and, with the recent acquisition of FRED Real Estate Group in Bend, also Central Oregon (congratulations Fred and Keeley Mannila on your retirement - thank you for trusting us to serve your agents!) than ever before - we have amazing Realtors on our roster who offer the same excellent service area to even more homeowners, homebuyers, and investors!

We could go on and on, but the bottom line is…we are so grateful. Grateful for every agent that represents West + Main Homes. Grateful for every client who hires, refers, and trusts our team. And grateful for every challenge, opportunity, and moment that has led us to our 5th year - 2022!

Thank you, and Happy New Year!

Colorado Real Estate Market Report from December 2021

 
 

Throughout the ebbs and flows of 2021, interest rates remained low and buyer demand stayed consistently high. DMAR found there were more homes purchased in 2021, 63,684 more than any previous year.

Download the report.

While demand was at an all-time high, the number of new listings that hit the market throughout the year was down 5.26 percent, which is one of the reasons why the market ended the year with another historic indicator, month-end active listings. 

At the beginning of January, there were only 1,477 active properties on the market in the entire Denver Metro area, which is 11,175 fewer houses on the market than normal. Based on the sustained demand for housing and lack of inventory, the market is projected to see double-digit appreciation this year, which it has not seen in back-to-back years of double-digit appreciation since 2015-2016 and 1998-2000. 

There are a few factors that will dictate this continued acceleration in house prices. The first is supply and demand. There are currently 41.87 percent less houses on the market at the beginning of January 2022 than there were at the beginning of January 2021. The second factor is that conforming loan limits increased to $684,250 in the Denver Metro area. That is $37,050 higher than the nationwide conforming limits. This means that the majority of buyers can purchase a home for $750,000, putting down 10 percent without it turning into a massive loan.

“Last year, when comparing year-over-year data, it felt easy to call 2020 an outlier year,” commented Andrew Abrams, Chair of the DMAR Market Trends Committee and Metro Denver Realtor®. “As we forecast 2022, it is a fair assumption that what was previously an outlier is quickly becoming the norm. With the historic lack of supply and continued demand, cities may start to change their policies but that won’t solve the problem in the short term. If you are a buyer in this market, setting the right mindset is incredibly important. In such a demanding and stressful process, it is imperative to work with a professional to help you navigate.” 

Through hardship and perseverance, the Denver Metro real estate market has been the backbone of Colorado’s economy. The question remains whether the market will see significant changes in the real estate market from last year. In this market, time is money and it’s likely not to change soon.

Our monthly report also includes statistics and analyses in its supplemental “Luxury Market Report” (properties sold for $1 million or greater), “Signature Market Report” (properties sold between $750,000 and $999,999), “Premier Market Report” (properties sold between $500,000 and $749,999), and “Classic Market” (properties sold between $300,000 and $499,999). 

In the Luxury Market, Denver Metro prices continue to climb with more homes entering the ranks of the Luxury Market every month as demand continues at a rapid pace. Within the past two years, the number of homes that sold within the Luxury Market more than doubled. The single-family segment of the market closed 4,672 single-family homes, a 53.99 percent gain year-over-year, while the attached segment experienced a 140.46 percent gain with 630 homes sold. 

During the holidays, seasonal slowdown was palpable, and as a result the number of new listings and pending and closed properties traditionally shows a sharp drop off with the focus off real estate. While active homes on the market dropped 41.87 percent market-wide, the Luxury Market continued to outperform with a five percent increase in December for new listings. 

New listings for detached homes climbed slightly by 1.40 percent from last December, while closed listings increased 9.06 percent. Even with a seasonal shift, the average days in MLS fell 30.19 percent to 37 days and median days in MLS dropped 59.09 percent from 22 days to nine compared to last December. Meanwhile, the attached market continued to shine as new listings climbed 35.29 percent year-over-year with 23 new listings. Closed sales came in at a staggering 89.66 percent gain with sales volume following closely with a 75.36 rise with $75,932,105 closed volume.

“As we head into 2022, the Luxury Market will continue to stay strong,” said Libby Levinson, DMAR Market Trends Committee member and Metro Denver Realtor®. “As home prices continue to soar coupled with increased conforming loan limits, I expect to see similar numbers next December. Additionally, we tragically lost almost 1,000 homes in the Marshall and Middle Fork fires, with many of those homes falling within the Luxury Market. The loss of those homes puts further pressure on an already tight real estate market.”

Additional monthly Mortgage Market Trends Insights brought to you by The Rueth Team of Fairway Mortgage, the Exclusive Partner of the Denver Metro Real Estate Market Trends Report. 

Thank you to our partners at the Denver Metro Association of Realtors for compiling this information.

If there is a home that you would like more information about, if you are considering selling a property, or if you have questions about the housing market in your neighborhood, please reach out. We’re here to help.

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