Tuesday, October 4, 2011

September Home Sales For Stapleton, Denver

Stapleton Town Center
According to MLS sales data, the Stapleton real estate market experienced another month of solid gains.  There were 25 home sales in September 2011 in Stapleton, surpassing last years sales of only 18 homes and condos.  Homes sold from July 3, 2011 through October 3, 2011 were on the market for an average of 68 days.  This is up from last month, which experienced 55 days on the market, but much better than July 2011 which was 91 days on the market.  In brief, this is good news for Stapleton homeowners.


Home prices have stabilized and demand for Stapleton homes continues to gain momentum.  Not to mention, the incredibly low mortgage rates have given the market a little nudge in the right direction.  Given the low inventory of homes on the market in Stapleton, the majority of home sales are new construction.  There just aren't that many resales to choose from, so the builders are winning the home buyers.  Another factor is that many builders are offering very attractive finishes and pricing to lure in home buyers.


According to the Chairman of the S&P Index Committee David Blitzer, the Denver area market did not experience the lows that other U.S. real estate markets experienced.  Blitzer commented that the real estate market is moving from a national picture to a local and regional marketplace.  In the recent Case-Shiller Home Price Indices report, Denver ranked #4 out of 20 metropolitan cities.  This is great news for the Denver area real estate market.


Below is the data for recent sales in Stapleton for the month of September, according to MLS.


#
Street Name
Baths
Beds
SqFt
Builder
Sold Date
Sold Price
PSF
Type
2708
SYRACUSE St
1
2
817
Palace Builders
9/14/11
$124,900
$152.88
Condo
9891
E. 26TH Ave
1
2
1,178
MCSTAIN
9/29/11
$151,100
$128.27
Condo
8272
E 24th Dr
2
2
1,133
MCSTAIN
9/30/11
$213,500
$188.44
Condo
8824
E. MARTIN LUTHER KING Blvd
4
4
3,950
DENVER BROWNSTON
9/12/11
$560,000
$141.77
Condo










2686
AKRON ST
3
2
1,341
KB
9/30/11
$265,000
$197.61
Res
10047
E. 31ST AVE
2
2
1,185
Wonderland
9/30/11
$290,000
$244.73
Res
2696
AKRON ST
3
3
1,586
KB
9/9/11
$297,000
$187.26
Res
9065
E. 28TH Ave
3
3
1,997
KB Gallery
9/23/11
$320,000
$160.24
Res
2362
XENIA St
3
3
1,639

9/7/11
$345,000
$210.49
Res
2850
XANTHIA CT
3
3
2,072

9/2/11
$350,000
$168.92
Res
3260
SPRUCE ST
3
3
1,692
WONDERLAND HOMES
9/23/11
$389,382
$230.13
Res
7792
E. 25TH AVE
4
4
1,778
Wonderland
9/8/11
$402,000
$226.10
Res
8641
E. 29TH AVE
4
4
1,837
McStain
9/23/11
$424,000
$230.81
Res
7877
E. 22ND Pl
4
4
2,049

9/22/11
$427,000
$208.39
Res
2834
ELMIRA ST
3
3
2,231

9/23/11
$430,000
$192.74
Res
3462
Trenton ST
3
3
2,134
DAVID WEEKLEY
9/23/11
$431,640
$202.27
Res
2829
WABASH ST
4
4
2,394

9/28/11
$436,650
$182.39
Res
3537
AKRON CT
3
3
2,349
Infinity
9/8/11
$469,068
$199.69
Res
8123
E. 34th Ave
3
3
2,204
New Town Builder
9/9/11
$517,274
$234.70
Res
9678
E. 28TH Ave
4
5
2,608
JOHN LAING 5
9/15/11
$558,000
$213.96
Res
9071
E. 29TH AVE
4
4
3,060

9/29/11
$570,300
$186.37
Res
9147
35TH AVE
3
3
3,022
INFINITY HOME CO
9/7/11
$636,673
$210.68
Res
9157
35TH AVE
4
4
3,255
INFINITY HOME CO
9/7/11
$655,484
$201.38
Res
3156
DAYTON ST
5
5
4,051
Harvard Communit
9/2/11
$975,000
$240.68
Res
8214
E. 25TH Dr
4
4
3,251
Latsis Custom Ho
9/8/11
$1,127,803
$346.91
Res





Average Price Per Square Foot
$203.51

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