Presenting your Willow Run Real Estate Market Report for 2009 brought to you by Skinner Properties and Investments. I hope you find this information useful and would be happy to assist you with any real estate related questions that you might have.
In 2009, 30 homes total were sold in the Willow Run neighborhood in Broomfield, CO. This is up from 25 in 2008 and 29 in 2007.
The lowest priced home sold for $195,000 which was a short sale property and on the market for 358 days. The highest priced home sold for $274,100 and was on the market for 18 days.
The average per square foot price in 2009 was $147 and in 2008 was $151 and 2007 was $155. While values in Willow Run have decreased somewhat, the neighborhood is still a very good buy overall and I fully expect the numbers to increase at least somewhat this spring and summer when the weather warms up and buyers are in full house hunting mode. The Willow Run neighborhood in Broomfield, CO has no HOA or covenants, which gives home owners a little more freedom as to what they can do with their homes, plus saves on HOA fees, but keep in mind residents must still abide by Broomfield City Code.
In 2009 the average house was on the market for 64 days and the median number was 23. There were 4 short sales and 2 foreclosures and the short sale homes tended to be on the market the longest. In general, a Willow Run home that looks good, has been maintained, involves a traditional sale and is priced at market value, should sell in less than a month.
In 2008 the average house was on the market for 54 days and the median number was 43. There were 3 foreclosures and no short sales visibly listed, although short sale disclosure requirements were not as stringent then. Now, if you the sale may only possibly be a short sale it must be disclosed on the MLS.
In 2007 the average house was on the market for 66 days and the median number was 44. There appears to be 1 foreclosure sold that year.
If you would like to search for homes available for sale in the Willow Run neighborhood click here. If you have any questions about buying a home in Willow Run I’d be happy to help you with that.
If you live in the Willlow Run neighborhood and would like to receive a PDF copy of all the details of home sales that occurred in 2009 send an email to willowrun@skinnerproperties.net and you’ll automatically receive it via email. I promise not to use the email to spam you or sell it to someone else. If you have further questions or concerns about sales in Willow Run I’ll let you contact me.
Based on information from Metrolist, Inc. for the period January 1, 2007-December 31, 2009. Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist, Inc. does not guarantee nor is in any way responsible for its accuracy. Content maintained by Metrolist, Inc. may not reflect all real estate activity in the market.
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