Ready to Make Your Move?
The real estate market price change map above shows home sale statistics for October 2010 from four adjoining neighborhoods – Village Of Five Parks, Lakecrest, Alkire Estates, and Lamplighter. In this article I will explain what is happening in the Village Of Five Parks real estate market.
October 2010 Village Of Five Parks Real Estate Market Statistics
- The average days on market (DOM) was 105 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 13.9% price change since 2009 for Village Of Five Parks homes for sale.
- $426,000 is the current average price of Village Of Five Parks homes for sale as of October 2010.
- 23 Homes sold in Village Of Five Parks from October 2009 to October 2010 .
- There are currently 13 active Village Of Five Parks homes for sale as of October 2010.
- There are 6.8 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 relatively healthy as of October 2010.
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 23 homes sold over the past year which is a small percentage of the total homes in the Village Of Five Parks. It is taking quite a while to sell a home in the Village Of Five Parks Arvada, almost three months. The Village Of Five Parks has done better in terms of price appreciation than it’s two neighbors to the east, Lakecrest and Lamplighter and slightly worse than it’s neighbor to the south, Alkire Estates.
It’s a great time to be a buyer of Village Of Five Parks homes for sale. Interest rates are at all-time lows 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 and nightlife opportunites that you can walk to.
Contact J. David Lampe, your Village Of Five Parks REALTOR®, to start looking for your Village Of Five Parks home for sale today.
J. David Lampe
Village Of Five Parks REALTOR®
RE/MAX Alliance
303.550.8563
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