Real Estate Market Results for January 2014

Real Estate Market Results for January 2014.

2014 has started off with a new record set for market inventory. The active housing inventory level for January 2014 decreased down to 4,592 for detached residential units and 1,116 attached residential units. When a significant reduction in inventory occurs within a market, typically upwards pressure on pricing is noted and multiple offer situations begin to arise.

January 2014 was no exception to this common occurrence. Average sold prices were up by double digits in both detached and attached dwellings, to $336,375 or 11.4% and $195,366 or 14.4% respectively for the Denver Metro Area.

Here are the highlights for January 2014 for the Denver Metro Area:

Detached Residential active 4,592 units, down -21.3% form January 2013.
Attached Residential active 1,166 units, down -7.5% from January 2013.

Detached Residential under contract up 31.3% from December 2013.
Attached Residential under contract up 54.0% from December 2013.

Detached Residential MSI sits at 2.6 months, up 2.7% from January 2013.
Attached Residential MSI sits at 2.0 months, down -3.2% from January 2013.

So how do you think your neighborhood is doing? Get your Free Real Estate Market Report  for Your specific neighborhood by adding your zip code to the link. Call the Hoffman Home Team with any questions.

Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty

Real Estate Selling Professional

Hire a professional to sell your home. The real estate market in the Denver Metro area is improving month over month while the inventory is still low. Hire a professional that knows what is going on in the real estate market. We offer a Free Market Report specific to Your Neighborhood.

The Hoffman Home Team was established on one basic belief: that our job isn't work with brick and mortar and pieces of land, but with people who buy and sell their homes through us. But first, last, and always, people.

Our philosophy hasn't changed. We believe that our success is based entirely upon our ability to satisfy people's real estate needs. We listen to what you want and need.

Real estate is our passion. It is what makes us get up and going each morning. We make every effort to ensure you & your family is confident and comfortable throughout the home selling or buying process.

We definitely understand that real estate is a family business. It is all about helping our clients. We are here to help whatever the situation. Hire a real estate professional that will work for you and your specific needs. Call us today!

Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty

Real Estate Market Update for Adams County December 2013

Real Estate Market Update for Adams County - December 2013

       - 16.2%                         + 15.9%                               + 13.8%

Change in New Listings                    Change in Sold Listings                                 Change in Median Sold Price*

                                                                                                               December           Year to Date (YTD)

	2012	2013	+ / –	2012	2013	+ / –
Active Listings	713	763	+ 7.0%	--	--	--
Under Contract Listings	402	510	+ 26.9%	6,613	8,669	+ 31.1%
New Listings	376	315	-16.2%	7,247	8,267	+ 14.1%
Sold Listings	433	502	+ 15.9%	5,938	7,191	+ 21.1%
Total Days on Market	62	54	-13.3%	63	45	-28.1%
Median Sold Price*	$184,500	$210,000	+ 13.8%	$175,000	$202,838	+ 15.9%
Average Sold Price*	$199,043	$238,049	+ 19.6%	$193,402	$220,991	+ 14.3%
Percent of Sold Price to List Price*	99.4%	98.9%	-0.5%	99.3%	99.6%	+ 0.4%

* Does not account for seller concessions and/or down payment assistance.
        
If you are interested in finding out the real estate market stats for a specific area, just add the zip code here: Get Free Access to Real Estate Market Data

Do you want to see what your home would sell for in today's Real Estate Market? Call The Hoffman Home Team for a Free Market Analysis of your home

Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty

When it comes to Selling Your Home.....

When it Comes to Selling Your Home....NOW Is The Time To Make A Break For It!

Are You Looking To Get Out of Your Current Home? No One Goes Further When It Comes To Selling Your Home

The Hoffman Home Team was established on one basic belief: that our job isn't work with brick and mortar and pieces of land, but with people who buy and sell their homes through us. But first, last, and always, people. 

Our philosophy hasn't changed. We believe that our success is based entirely upon our ability to satisfy people's real estate needs.

Real estate is our passion. It is what makes us get up and going each morning. We make every effort to ensure your family is confident and comfortable throughout the home selling or buying process. 

We definitely understand that real estate is a family business. It is all about helping our clients.


SELL Your Home with The Hoffman Home Team Today! 303-949-9770
Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty



Paint to Sell Your Home

Paint to Sell: Painting Tips to Ensure a Quick Home Sale

No matter how much you rearrange or decorate a room, nothing affects appearance like a fresh coat of paint. When you enter a house, your eye may be drawn to little decorative touches, but all the staging in the world will fall flat if your paint is drab, dirty, or goes against the potential buyer's taste. Considering that a gallon of paint is only about $25, it's also an inexpensive way to give your home a makeover.

Choosing Colors to Appeal to Homebuyers

Using colors that make the buyer feel "at home" will help you sell your home more quickly. You want them to look at each room and be able to literally see themselves and their belongings fitting inside your walls. Inspire a feeling of peace and relaxation, and part of the sale is already done!

Neutrals and soft colors create a soothing, calm atmosphere. Homebuyers can more easily visualize the paint colors they want when other colors aren't bombarding them at every glance.

Avoid bold, vibrant or dark colors. Even pure white can prove overwhelming. Stay away from trendy colors no matter how good they look to you.

Keep in mind color psychology. Not only do certain colors calm you, but the shade can also affect the room itself. Light colors make a space appear larger. Dark colors, on the other hand, make the room feel smaller. Of course, sometimes a darker color is good if you want a certain effect. A cozy den with a darker color and a bright, cheery kitchen with a lighter color may work best to highlight each room's appeal.

Read More

Heidi Hoffman ~ The Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty

Hoffman Home Team just listed another home in Englewood CO 80110

The Hoffman Home Team has justed listed another home in Englewood, CO 80110.

4387 S Huron St in Englewood CO 80110 has been completely remodeled ranch level home with full walkout basement. This 5 bedroom 4 bath home has been updated inside and out. Mountain views from covered deck & private master bedroom study. Fully finished basement with wet bar perfect for entertaining. New kitchen with granite & all stainless steel appliances. Updated Oversized 3 car garage & additional storage shed on .26 acre lot. Private backyard with plenty of room. Backs to wooded lot.

Close to Englewood Rotolo Park, Englewood Recreation Center, Oxford Light Rail Station, & Riverpoint Shopping. Rotolo Park can bee seen from the back deck, less than 100 feet walking distance. The Oxford Light Rail Station is .5 miles from this home.  And the Riverpoint shopping has Super Target, Costco, Michaels, Panera, Chick-Fil-A, Regal Cinemans, Chili's, and many more shops. Easy Access to Santa Fe Dr & Broadway.

 

 

Click Here for More Information & Pictures:

http://www.homesinthorntonco.com/listing/mlsid/65/propertyid/7208309/

 

 

Contact the Hoffman Home Team with your home selling & home buying needs.

 

Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty



Real Estate Stats for September 2013

September - 2013 Real Estate Market Stats

Residential Highlights:
• 18% increase in the number of closed sales year-over-year
• 20.2% increase in the number of closed sales year to date
• 39.1% decrease in average days on market (39 days in September)
• 0.7% decrease in # of active listings
• 11.4% increase in # of new listings (4097 new listings in September)
• 8.1% increase in average price - sold ($331,382 in September)

Condo Highlights:
• 26.7% increase in number of closed sales year-over-year
• 26.8% increase in number of closed sales year to date
• 42.2% decrease in average days on market (37 days in September)
• 0.7% decrease in # of active listings
• 7.1% increase in # of new listings (968 new listings in September)
• 11.5% increase in average price – sold ($208,364 in September)

If you are interested in finding out the real estate market stats for a specific area, just add the zip code here: Get Free Access to Real Estate Market Data

Heidi Hoffman ~ Hoffman Home Team ~ 303-949-9770 ~ Keller Williams Realty