NEWS
5262 E Maplewood Pl Centennial
Experience timeless character and modern comfort in this Heritage Village two-story. With over 3,300 square feet of thoughtfully updated living space and a park-like backyard featuring a deck, patio, and mature trees, this home is perfect for entertaining or quiet retreats. Enjoy neighborhood pools, trails, and top-rated schools, all in a prime location near shopping and transit.
5906 S Fairfax Ct
Welcome to 5906 S Fairfax Ct, an updated 4-bed, 4-bath ranch in Heritage Village, Centennial. This home offers spacious single-story living, with 2,258 SF on the main floor featuring three bedrooms, an office, and open-concept living and dining areas. The living room has vaulted ceilings and large windows, and the family room with a wood-burning fireplace opens to a covered deck and garden beds in a fenced backyard. Heritage Village includes pools, tennis courts, and access to top schools and Denver Tech Center.
Denver home prices haven't budged in years
Denver home prices haven’t risen in years, according to the Case-Shiller seasonally-adjusted home price index. Rate shock and the rate lock-in effect continue to cause a relative deep freeze for housing. Mortgage rates are back up, pushing some buyers back to the sidelines. Read on for all the juicy market news.
The housing market is cooling despite lower rates 📉
Denver's median home price dipped to $660K in August, still higher than last year. Inventory is up 23%, the highest since 2014, with homes taking 19 days to sell. Mortgage rates dropped 1% since April, now at 6.2%. Despite more options and lower rates, buyers remain cautious due to uncertainty and the upcoming election. The market is slower but may be stabilizing.
3454 Cascina Pl, Unit D | Highlands Ranch
Welcome to 3454 Cascina Pl, Unit D, a charming townhouse in the heart of Highlands Ranch's desirable Tresana community. This three-story home offers an open floor plan, vaulted ceilings, and abundant natural light. Enjoy the private, covered patio, two cozy bedrooms, and a luxurious primary suite with a 5-piece bath. With an attached two-car garage, plus access to a pool, trails, and nearby amenities, this home offers the perfect blend of comfort and convenience.
Lowest rates since 2022; where are the buyers?
Denver's housing market showed stability in July 2024, with the median sale price for single-family homes holding steady at $667,000, despite a rise in inventory to the highest levels since 2014. New listings increased by 11% year-over-year, but pending sales and closed sales dipped slightly from June. Although mortgage rates dropped to 6.5%, buyer enthusiasm remains tempered, suggesting a potential cooling as the market enters the typically slower fall and winter months.
7106 S Franklin Way, Centennial
Welcome to this five-bedroom, three-bath brick home near Streets at Southglenn and Southglenn Golf Club. Features include a covered front porch, a private fenced backyard, and a family room with a cozy fireplace and vaulted ceilings. The upgraded kitchen boasts granite counters and new stainless appliances. Upstairs: primary suite with updated bath, three additional bedrooms, and renovated hall bath. The finished basement adds a fifth bedroom and rec room. Recent updates: roof, furnace, AC, windows, and tankless water heater. Top-rated Littleton schools, shopping, and dining nearby.
Home prices inch up as inventory reaches new highs
The Denver Metro housing market shows mixed signals as median home prices rise to $670K despite a 32% surge in active listings and a drop in closed sales. With inventory levels hitting 3.1 months, the highest since 2013, the market may be headed for a potential softening in the latter half of the year.
6142 S Forest Court, Centennial (Closed)
Don't miss this updated home in Heritage Village, ideally situated on a quiet cul-de-sac. This spacious home offers over 3,000 SF of living space on an 11,000+ SF lot with a true 3-car garage. Features include vaulted ceilings, natural light, and a modern kitchen with cherry cabinetry, granite counters, and high-quality appliances. The primary bathroom, remodeled in 2023, boasts double sinks, heated floors, and a steam shower. Enjoy a cozy gas fireplace in the family room and a large finished basement. Located near Highline Canal, Lenski Elementary, pools, and tennis courts. Conveniently close to I-25, DTC, Belleview Station, The Orchards, and more. Perfect for families seeking a well-maintained home in a prime location.
Notes from the field (June 2024)
Denver's housing inventory is approaching pre-pandemic levels, with active listings increasing by 37% year-over-year to 7,147 homes. The median home price in the Denver Metro area slightly rose to $665K, despite a minor drop from $675K the previous month. The market remains robust, with closed sales hitting 3,612 and homes selling faster, averaging just 7 days on the market.
6063 S Fairfax Court, Centennial (Closed)
This is the dream ranch you've been waiting for! This stunningly remodeled home offers a modern, inviting atmosphere with perfectly designed living spaces. The main floor underwent a complete update in 2021, featuring a brand-new kitchen and bathrooms, new Marvin windows, custom walnut woodworking by House of Alpine, updated interior doors, fresh paint inside and out, new hardwood flooring, enhanced lighting, new HVAC, water heater, and more.
3290 S Krameria St, Denver (Closed)
Updated 5 bed, 3 bath ranch in Holly Ridge near I-25, between Downtown Denver and DTC. Open-concept kitchen, family room with fireplace, primary bedroom with double vanity and walk-in closet. Finished basement with second kitchen, family room, two bedrooms, and 3/4 bath. Fenced backyard with garden beds. Close to eateries, shopping, light rail, Highline Canal, Club Monaco, Bible Park, and Happy Canyon Shopping Center.
12230 S Eagle Hawk Trail, Parker, CO
Horse Creek 2-Story on a 10,149 SF lot. Spacious 4-bed, 3-bath home in sought-after SW Parker neighborhood! Perfect for entertaining with a central living room, kitchen, dining area, and patio. Kitchen with center island overlooks living room with vaulted ceilings, gas fireplace, and oversized backyard. Main floor office and family room. Upstairs: 4 beds, 2 baths, primary bedroom with 5-piece bath and large walk-in closet. Huge fenced yard for gatherings. Enjoy Horse Creek Pool, parks, and events. Close to Gold Rush Elementary, Reuter-Hess Reservoir, and future commercial developments.
Notes from the field (May 2024)
In April, new listings surged by 25% in the Denver Metro area, signaling increased seller activity. However, despite this uptick, inventory levels remain below long-term averages, with prices hitting a median of $675,000, reminiscent of 2019 levels, as mortgage rates fluctuate around 7%.
14390 E Marina Drive Unit #206, Aurora (Closed)
Welcome to 14390 E Marina Drive Unit #206! This updated, freshly painted 2-bed, 2-bath home features a terrific layout with bar seating for the whole family, an enclosed sun room/patio, and ample storage. Heather Gardens is a 55+ community with all the amenities you could ask for, including indoor and outdoor pools, tennis courts, workout facilities and more. This is it!
6166 S Eudora Way, Centennial (SOLD)
Welcome to 6166 S Eudora Way in Heritage Village! This 5-bed, 3-bath home boasts a remodeled kitchen, vaulted ceilings, and spacious bedrooms. Enjoy outdoor gatherings in the landscaped yards and appreciate updates like the oversized garage and newer amenities throughout. Experience the best of Heritage Village living today!
6081 S Forest Court, Centennial (Under Contract)
Welcome to your updated 4 bed, 3 bath home on nearly 1/4 acre & situated on a quiet cul-de-sac in Heritage Village! The main living areas are warm and bright, thanks to west-facing double-paned windows and a skylight. The thoughtful kitchen remodel included opening a wall to the dining room, while keeping the living room as a reading spot & a place for casual conversation. Live your Colorado dream!
Notes from the field (April 2024)
Will home prices continue to rise this Spring? Analyzing recent data, we explore the current real estate market trends amidst increasing mortgage rates and evolving buyer behavior. With insights into rising median home prices, fluctuating inventory levels, and the impact of recent industry developments like the NAR commission lawsuit settlement, we assess the implications for both buyers and sellers in the Metro Denver area.
Notes from the field (March 2024)
As we step into the spring selling season, the real estate market is finding its stride. There's pent-up demand for homes in our region and inventory is starting to pick up. Although many hoped for a surge in housing activity this year, it looks like we're in for a gradual return to 'normal' instead.
Preparing Your Home For The Market
Getting your home ready to sell can be daunting, but hiring the right team to prepare your home for the market is the first step toward getting the most out of your biggest investment. We help every client by creating a custom-tailored to-do list and sharing our network of professionals who can help get your home looking its best. Here are essential steps for every home seller.