Real Estate Information Archive

Littleton Real Estate has seen Ups and Downs over the past few years, notably due to the Covid epidemic and, most recently, Inflation and it's effects upon the economy.  With Interest Rates headed back to historically normal levels, it's taken some time for Buyers to get used to the idea of no longer having access to the Bargain Interest Rates that we've seen.

The Great News is that Columbine West Real Estate is holding it's own, although there's a lot less action in the market.  Columbine West Real Estate has historically averaged between six and seven sales per month.  As you can see in the Graph below, through April 2023, we've only had 13 Home Sales.  This is about half of what we normally see.  This is being driven by low inventory.  There are Buyers that are willing and able to purchase, so the demand is there.

Although Littleton Real Estate has seen a decline of about four percent in the Average Sales Price, Columbine West Real Estate is holding its own and even shows a slight increase of just less than one percent.  We're maintaining our home values, even in a slower market.  If your home is priced right and in good condition, there's no doubt that it will sell.

As you can see below, Sellers in Columbine West are still able to sell their homes for List Price.

Although the market isn't as crazy as it was in 2021 with all of the multiple offer scenarios, we're still getting enough offers for Sellers to secure a fair price.

With the softening of the Littleton Real Estate market last Fall, Sellers in Columbine West have lowered the Average List Price by about one percent when compared to last year's Average.  

With the temporary slowdown, properties for sale in Columbine West are taking longer to get Under Contract.  Over the past 5 Years, Columbine West Listings have averaged 12 Days in the MLS.  So far this year, Closed properties in Columbine West have averaged 41 Days.  With the Spring Market just now coming alive, there are currently 7 Homes Under Contract (Pending).  All of these properties averaged less than 5 Days in the MLS.  NOW is a great time to sell your property in Columbine West!!

If you've been considering Selling your House, but have been uncertain about the Columbine West Real Estate Market, be confident that we're Improving with the arrival of Spring!!

As a Columbine West Resident for more than 20 Years, I pride myself on my local expertise.  

If you'd like to discuss the current market or your property's value, please contact me for a Complimentary evaluation. Littleton Realtor John Basila

EMail: columbinerealtor@gmail.com   Phone: (303)589-9034

Believe it!  Denver & Littleton Real Estate are starting 2021 at Full Throttle!!

With Interest Rates still hovering around their Lowest Levels Ever, the market is flooded with Buyers who want to lock in a great rate on their Dream Home.

In the Denver Metro, January had significantly more Closings than we did a year ago.

At the same time, we're seeing a 30%+ Decline in Active Listings, compared to a year ago.  We have a lot of demand for properties, with fewer opportunities for Buyers to "Win".

As a result of the Demand, and consequent Bidding Wars, Sellers are reaping huge paydays on the sale of their properties.

And, with limited Inventory, most Listings are seeing almost DOUBLE the number of Showings that we normally have.

Littleton Real Estate is also facing a shortage of available Listings.  At the moment, we only have about One-Third as many available properties as we did a year ago.  This led to an Average Closed Price increase of almost 12% in January - with the number of sales comparable to a year ago.

If you've been "Sitting on the Fence" wondering when a good time to sell your house would be, Now Is The Time!! 

Beware the "Quick Cash" Companies that won't List your house on the market.  Any Realtor® worth their salt will get your property in front of as many people as possible, generate tons of showings and present you with, hopefully, multiple offers.  Why settle for "Market Value" if the competitive market is willing to pay you MORE ???

If you'd like to discuss your property and how we'd get it sold for the best terms and price, call Littleton Realtor® John Basila at (303)589-9034 or email columbinerealtor@gmail.com

Over the years, many of my Sellers have wanted to price their home for sale above what I would deem their "Fair Market Value".  As a Professional, it is always my advice to price your home correctly from the start, instead of "testing the market" at a higher price and then, after few showings and no offers, having to lower the price to a more realistic amount.

In 2019, Columbine West Real Estate offered a compelling argument for pricing correctly from the start.

Last year, Littleton Real Estate sales provided Sellers with an average of 97.8% of their Original List Price.  Columbine West Real Estate sales averaged 98.9%.  These are averages for all sales of Single Family Residences in Littleton and Columbine West.

With the Average Days On Market being 6 Days in Columbine West in 2019, you can say we have a pretty healthy real estate market!  But what happens if you "Overprice"??

There were 24 homes sold in Columbine West in 2019 that took 18+ Days to sell.  That's not so bad if you're not in a hurry.  And the highest price homes typically take longer to sell, even in this market.  However, there are issues that can come up in the mind of Buyers, ranging from "What's wrong with it" to recognition that the Listing is overpriced and that the Seller might not be realistic when negotiating.

These Columbine West homes that took triple (or more) the time to sell ended up cutting their prices in the end.  The average reduction was 3% (- $12K+) when the sales finally went through.

Although it's still a "Seller's Market", it's best to price your home correctly from the beginning.  Currently, there are 0 homes for sale in Columbine West.  Columbine West Real Estate normally has 8 home sales per month.  If you're thinking of Selling, now is the time to beat the Spring competition and get Top Dollar for your house!

For a Complimentary Market Analysis of your home's value, contact Realtor® John Basila at (303)589-9034 or email John at columbinerealtor@gmail.com

John Basila has been a Resident of Columbine West since 2001, and has the experience and marketing savvy it takes to sell your house for Top Dollar in today's market.

Columbine West Real Estate had another "Banner Year" in 2019.  Columbine West tends to have an average of 80 home sales per year.  With 89 sales in 2019, Columbine West had 11% more sales than average.

Although Columbine West is still considered a "bargain" neighborhood compared to adjacent subdivisions, prices also continue to improve.  Instead of the 6% - 8% growth that we've seen over the past few years, the Average Sales Price of Columbine West Real Estate appreciated at a modest 2.5% last year. 

Homes are still selling fairly rapidly in Columbine West.  The Median Days On Market continues to be 6 Days.  If you price your home correctly, your home will sell quickly.  With Interest Rates still hovering below 4%, there are hungry Buyers ready to act.

As of today, there are currently 0 properties available for sale in Columbine West.  Since Columbine West Real Estate averages 8 sales per month, this is most-definitely still a strong Seller's Market. 

For a complimentary analysis of your Columbine West home's value, contact John Basila, your Columbine West Realtor®.  Email John at columbinerealtor@gmail.com or call (303)589-9034 to set up a brief meeting.

Columbine West 2018 Real Estate Recap

by John Basila, posted 2/12/2019

7864 West Ontario Place is our latest Listing: a 4-Bed, 3.25 Bath Home in Columbine West.  If you love to entertain, you'll treasure the Open Kitchen/Living Room Layout and the Fully Finished Basement with Wet Bar and included Kegerator & Mini-Fridge.

When the weather's good, head to the back yard, which features a Gazebo, Rock Wall, Hot Tub, Fire Pit and Grill/Bar area. 

There are 2 Bedrooms & a Full Bath on the Main Level.  Upstairs, there are 2 Bedroom Suites, one of which is the Master Suite.

Call John Basila, your Columbine Realtor, today for your private tour:  303-589-9034

Littleton Real Estate had a Strong 2016 performance!! 

Detached Home Sales continued to be strong in 2016, with 2,361 Sales.  We're averaging almost 200 homes sold every month over the past 5 years.  There are currently only 151 houses that are "Active", which means that the Littleton Real Estate Market is still in a strong "Seller's Market".

With the huge demand and limited inventory, prices have continued to increase at a strong rate.  In 2016, Median Home Prices for Littleton Real Estate improved by 8.8 percent, up to $403,500.

With the huge demand and limited inventory, homes tended to sell quickly in 2016.  The Littleton Real Estate average for Days On Market was 24 Days last year.  This is how long a house is "Active" until it goes "Under Contract".  Performance in 2016 was comparable to 2015.

Expectations are that the Littleton Real Estate Market will continue to be strong in 2017.  If you're considering Selling your house or if you just want to know what the current market value of your house is, contact Littleton Realtor John Basila for a complimentary Market Analysis. 

John Basila, Broker/Owner of A Denver Home can be reached via email at columbinerealtor@gmail.com or by phone at 303-589-9034.

Last Year was a good year for Columbine West Real Estate!!

Beyond most expectations, the Median Home Values for Columbine West Real Estate increased by 9.4%.

Columbine West Real Estate Values outperformed the Littleton Real Estate increase of 8.9% in 2016.

Over the past 7 years, Columbine West has averaged 6 home sales per month.  In 2016, the Columbine West Real Estate market performed better than average, with 77 sales.  We currently only have ONE home that is actively for sale, which means that Columbine West Real Estate is still in a strong "Seller's Market".  There is still a huge demand for Sellers in Columbine West.

With the huge demand and limited inventory, homes are still selling very quickly if the house is priced right & in good condition.  On average, homes in Columbine West were only active for 6 days before going "Under Contract" with a Buyer. 

At A Denver Home, our Sellers average 2.4 Days On Market and sell their houses for 102.2% of their aggressive List Prices.  If you're interested in Selling your current house or simply want to know its current Market Value, please contact Littleton Realtor John Basila for a complimentary Market Analysis.  Columbine West Real Estate is expected to have another stellar year in 2017.

John Basila, Broker/Owner of A Denver Home, can be reached by email at columbinerealtor@gmail.com or by phone at 303-589-9034.

This 3 Bedroom / 1 Bath home has been well maintained and is move-in ready!

Located near C470 & Kipling, this Split-Level home offers an ideal location just one block from Wingate South Park and it's trails and amenities.  Schools, Dining and Shopping are within walking distance!

Features include Newer Stainless Steel Appliances, Newer Roof, Newer Gutters, Newer Exterior Paint and freshly cleaned carpets.

Entertainers will love the large yard, featuring a Fire Pit, Built-In Horseshoe Pits and a large deck.

Details and Pictures:  http://www.adenverhome.com/property/8937-W-Toller-Ave-Littleton-Colorado

Contact John Basila for your private showing:  (303)589-9034

Grant Ranch Real Estate enjoyed another year of strong sales and price appreciation.

Overall, Grant Ranch had 52 homes sold in 2015.  This is slightly more than the average of the past five years.

Although 2015 was very much a "Seller's Market" for Grant Ranch Real Estate, there has been a significant increase in inventory in the past few months, with 12 homes now "Active" in the MLS.  This means that there are three months worth of inventory available.  Most surrounding neighborhoods only have about a month's worth of inventory.

With demand high in 2015, it took fewer days to sell a property than in prior years.  The Median Days On Market for Grant Ranch Real Estate in 2015 was down to 12 Days.

With the Holidays and slowing demand, the fewest days on market for the 12 "Active" properties is 29 Days.  This might provide an opportunity for Buyers that have an interest in Grant Ranch Real Estate.

Last year, Grant Ranch properties also had a healthy increase in Median Sales Value.  With a 10% increase in sales prices, Grant Ranch was close to the Littleton increase of 12.3%.

If you're thinking of selling your Grant Ranch property, it's important to consider the changing market and choose a professional to help you maximize your opportunities.  Please visit denverhomereport1.com for a complimentary price analysis for your house.  You can also call us at (303)589-9034 or email us at columbinerealtor@gmail.com.