Arvada Monthly Market Update – Single Family Homes

City of Arvada Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison

ARVADA SINGLE-FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 2048 77 Insufficient YTD Data
Average Sales Price $480,119 $464,999 +3.1%
Median Sales Price $435,000 $419,000 +3.7%
Average Days to Contract 27 42 +55%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500K     70% 78% 70% 63% 62% 53% 49% 44% 52% 60% 62%
$500k-$750k     63% 60% 52% 55% 49% 42% 36% 36% 43% 27% 45%
$750k+     35% 31% 28% 29% 21% 26% 24% 29% 16% 15% 36%
OVERALL % U/C     62% 63% 57% 55% 52% 46% 42% 39% 44% 21% 52%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
      435 403 428 441 416 400 478 484 391 314 352

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
      230 154 204 201 175 193 105 165 158 142 71

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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’
      1.89 2.72 2.18 2.23 2.16 2.07 2.77 2.78 2.35 2 2.53