Wednesday, January 30, 2013

Applewood West Real Estate Market Stats

Applewood West is a wonderful suburb of Golden located in the in the western part of Applewood, offering the Rolling Hills Country Club as one of its perks. There were 48 homes sold in Applewood West in 2012, compared to 43 in 2011. The average sold home price in 2012 was a whopping $379,000, an 8% price increase from 2011's average sold home price of $351,000.

There are currently only 7 homes for sale in Applewood West, and 3 under contract, meaning essentially no competition for sellers! There are only 1.8 months of inventory in Applewood West. What does this mean? A balanced market provides about 6 months of inventory. This means that Applewood West is a true seller's market, with very low inventory, and very high demand from buyers! 

This means it is time to sell at a premium in Applewood West! Email or call The Denver House Guy for a more detailed neighborhood analysis and consultation absolutely free!