Ready to Make Your Move?
The real estate market price change map above shows home sale statistics for April 2011 for three adjoining neighborhoods – Village Of Five Parks, Meadowwood Farms, and Alkire Estates. In this article I will explain what is happening in the Village Of Five Parks real estate market.
April 2011 Village Of Five Parks Real Estate Market Statistics
- The average days on market (DOM) was 99 days which is the average time it takes a Village Of Five Parks home to sale. This is higher than many other neighborhoods in Arvada.
- There was a positive 7.9% price change year-over-year for Village Of Five Parks homes for sale.
- $424,000 is the current average price of Village Of Five Parks homes for sale as of April 2011.
- 22 Homes sold in Village Of Five Parks from April 2010 to April 2011 .
- There are currently 7 active Village Of Five Parks homes for sale as of April 2011.
- There are 3.8 months of inventory available in Village Of Five Parks. A healthy market has 6 months of inventory or less which means that the Village Of Five Parks real estate market is very healthy as of April 2011.
As you can see in the map above, in the Village Of Five Parks real estate market, prices have gone up over the past year. However, there were only 22 homes sold over the past year which is a small percentage of the total homes in the Village Of Five Parks. It is taking about three months to sell a home in the Village Of Five Parks Arvada. The Village Of Five Parks has done better in terms of price appreciation than it’s two neighbors, Medowwood Farms and Alkire Estates.
It’s a great time to be a buyer of Village Of Five Parks homes for sale. Interest rates are still low and Village Of Five Parks is a very nice newly-built neighborhood with lots of amenities. Village Of Five Parks is conveniently located between Denver and Boulder. Village Of Five Parks offers dining, nightlife and a community pool that you can walk to.
Contact me, your Village of Five Parks REALTOR®, today to schedule a showing to see Village of Five Parks homes for sale.
J. David Lampe
Village Of Five Parks REALTOR®
RE/MAX Alliance
303.550.8563
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