Check out all the photos HERE

Move In Ready

See All the pictures HERE

Residential Highlights

• 15.5% Increase in closed sales year over year
• 45.1% Decrease in Absorption Rate (4.4 months)
• 39.1% Decrease in active listings (8,356)
• 2% Decrease in average sold price ($272,328)

Condo/Townhome Highlights

• 10.4% Increase in closed sales year over year
• 50% Decrease in inventory (2,087)
• 2.4% Decrease in average sold price ($146,544)

7841 S. Monaco Ct

4 Beds/3 bath

Some great updating already completed

5 piece Master Bath!!

2 closets in Master

Call for a showing!  $320,000 includes $5000 flooring allowance.

720-989-8038

East Facing -- great in winter!

Come Home to this great updated tri-level nestled in caul-de-sac backing to open space/trail

What does this mean? I think we have sold fewer homes year to date because we have fewer inventories; so it is truly reflective of that.  Have Prices risen that much? Yes and No….  We have fewer distressed properties pulling down the averages.  We have homeowners who have really maintained and updated their properties for a higher return on investments.  Overall I believe we are in a more positive market (albeit less than perfect) than recent years.  Properties that are priced right are generally not on the market more than 100 days.  Buyers still want the winner of beauty contest and price war.  Thinking of selling your home? Best bets are super clean, well maintained (clean yard, gutters, tile caulked, etc) and classic updates that include lighting, flooring, doors/trim, kitchens/baths.   See the Full Foxridge 2011 Stats Here

·         Littleton’s retail sales are up over 3% from 2010

·         Littleton’s automobile tax revenue is up- indicating residents are more confident in making bigger purchases

·         Aspen Grove shopping center is 10 years old.  Many of the stores there were on 10 year leases so we may see some shifting of retailers.  In the front pad area of the center by Bucca di Peppo they will be adding a theatre and additional shopping venues.

·         Greenwood Village:  The large lot at SE corner of Belleview and Quebec is being demolitioned and redeveloped for Kuni Lexus.  Project completion in about 13-14 months.

·         Cherry Hills Village:  Adding a Police/Fire Station near Hampden and University.  This is on the very northern boundries of South Metro Fire District.

·         Cherry Hills Village: Reporting only 4 new build residential permits so far in 2011.  However, remodel permits are up 10%

·         Centennial:  Sales Tax revenues are up 15% (Not counting IKEA).  IKEA sales are exceeding expectations.   Note:  ¼% of all sales tax is designated for open space projects for City of Centennial.

·         Centennial purchased 44 acres near Airport for approximately $4Million from the US Postal Service.  It was recently listed for $8million.

·         Southglenn is still performing well.  Sales tax revenues are up 32% from 2010.

·         Englewood / Sheridan : Improvements along Sante Fe corridor continue.

·         Englewood:  Several long term vacant buildings have been leased/sold for redevelopment near Hampden and Clarkson and Broadway areas.

·         Englewood:  Kent Place near Hampden and University has been revised multi-use including ground floor retail shopping and new “fresh food” store from King Soopers which will be branded a “new name” for this location.  Intersection will be modified for better traffic flow.

There were several more – but this is all I could get jotted down.   It was asked what could we do as Realtors as well as what could the city’s do for us?  Consensus among the panel was communication from all parties.    They experience the same few people at their city council meetings every time and feel they are only hearing from a very small sector of the population.  Therefore what they are hearing from the “public” is a skewed sentiment.  This is not unlike our local Homeowners board meetings!!!   The other item the mayors were in agreement is that we are the eyes/ears of the community and they do want to hear from us in general and via code violation informants.

All the cities are compiling the 2010 consensus numbers and it will be interesting to see how our demographics are changing from the previous 10 years.

People are still buying and selling!!!

Chilean Mine Peeps Rescue

Check out the  2011 Winner of Denver Post Peeps Diorama contest:  Chilean Mine Peeps Rescue

the winner is: Chilean Mine Peep Rescue

peeps