Arvada Monthly Market Update – Condominium/Townhome

City of Arvada Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

ARVADA ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 525 33 Insufficient YTD Data
Average Sales Price $311,086 $317,250 Insufficient YTD Data
Median Sales Price $285,000 $282,000 Insufficient YTD Data
Average Days to Contract 25 31 Insufficient YTD Data

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $250K     76% 85% 73% 86% 76% 57% 39% 42% 52% 48% 50%
$250K+     51% 53% 56% 49% 50% 56% 46% 45% 46% 44% 45%
OVERALL % U/C     56% 61% 60% 57% 55% 56% 45% 45% 48% 46% 46%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
      80 96 83 103 113 121 127 119 106 81 92

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
      45 38 61 48 41 46 43 45 41 40 28

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
      1.77 2.31 1.72 2.14 2.42 2.6 2.75 2.57 2.4 1.89 2.27