Tuesday, April 26, 2016

East Colfax Housing Market Trends

East Colfax, Colorado



This first graph shows average days on the market (ADOM) in contrast with median listing price for a period of about 5 years. The market in this neighborhood is all over the place, however there is a decrease in the ADOM after 2012 and an increase in the average listing price over time. We see this in the second graph as well. 

This graph gives a closer look at the number of active listings over the same 5 year period. After 2012, there was a brief period of high demand and low inventory, but this changed dramatically in 2013. Now the market is back to being high price and low inventory. 

In this final graph, we are shown the history of average listing prices for homes in this area. Although there is some jumping around in this depiction, there is a clear incline of listing prices as time moves forward.

Montclair Housing Market Trends

Montclair, Colorado



This graph shows average days on the market (ADOM) in contrast to median listing price over a period of about 5 years. The listing price hovers between $200,000 and $600,000. The ADOM started off very high as supply was very high in 2011 coupled with a low demand. However, since 2012, the market has become more competitive with a reverse effect of high demand and low supply. 




This graph gives us a closer look at the trend from the first graph by looking specifically at the number of active listings. It would have been very easy to find a house up for grabs in this neighborhood in 2011, but now it is quite the task.



This final graph again takes us back to the first trend, but specifically looks at the median sales price of homes in this area. There is a steady incline of what these homes sell for on average. 


Montclair, Colorado Neighborhood Trends

Montclair, Colorado



Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Montclair show a 7% year-over-year rise in median sales price and a 4% rise in median rent per month.

Median Sales Price
The median sales price for homes in Montclair for Jan 7 to Apr 6 was $472,750 based on 32 home sales.
Price Per Square Ft.
Average price per square foot for Montclair was $377, an increase of 19% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Montclair for Mar 7 to Apr 7 was $2,400.


Crime

Montclair has very low crime relative to the rest of Denver County.
Knowing more about crime activity in Montclair can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.
Most frequent crimes in the past year
249
COUNTS OF THEFT
109
COUNTS OF BURGLARY
41
COUNTS OF VANDALISM


Demographics

Get to know your neighbors in Montclair by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.
47%
SINGLE RESIDENTS
69%
HOME OWNERS
39
MEDIAN AGE
$83,352
MEDIAN HOUSEHOLD INCOME
66%
COLLEGE EDUCATED

Commute

Most people in Montclair commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.


Yellow: 93% commute by car
Pink: 4% commute by public transportation
Grey: 3% commute by other means

Source: Trulia

Monday, April 25, 2016

Thinking of Moving to Washington Park?

Washington Park, Colorado




Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Washington Park show a -10% year-over-year drop in median sales price and a -10% drop in median rent per month.

Median Sales Price
The median sales price for homes in Washington Park for Jan 7 to Apr 6 was $620,000 based on 23 home sales.
Price Per Square Ft.
Average price per square foot for Washington Park was $648, an increase of 40% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Washington Park for Mar 7 to Apr 7 was $2,700.

Crime

Washington Park has very low crime relative to the rest of Denver County.
Knowing more about crime activity in Washington Park can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

Most frequent crimes in the past year
187
COUNTS OF THEFT
74
COUNTS OF ARREST
73
COUNTS OF BURGLARY

Demographics

Get to know your neighbors in Washington Park by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

42%
SINGLE RESIDENTS
73%
HOME OWNERS
42
MEDIAN AGE
$99,464
MEDIAN HOUSEHOLD INCOME
81%
COLLEGE EDUCATED


Commute

Most people in Washington Park commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.


Yellow: 93% commute by car
Pink: 3% commute by public transportation
Red: 2% commute by foot
Turquoise: 1% commute by bike



Source: Trulia