Trail Head Market Report, February 2019

February 19, 2019

Jeff Rubenstein is a 14 year Realtor with over 350 homes sold and a homeowner and resident in Trail Head.

Brrrr… it’s been pretty cold this week across Northern Colorado as we ease into the end of February with the thought of Spring right around the corner.  I’m pretty sure that the groundhog didn’t see his shadow this time around and that Spring is supposed to come early.  I’m not sure that I trust that groundhog very much.

Seasonally, the real estate market usually slows down in the Winter and this Winter has been no different in the Trail Head subdivision.

As of today, February 19, 2019, there has been one home that sold this year, one home currently for sale and one home under contract. So, if you’re waiting until the Spring to put your home on the market you may want to re-think as there is basically no competition right now as opposed to the Spring and Summer when there will be more homes for sale.

This is a simple supply and demand concept.  When there are fewer homes on the market for sale, there is less competition vs when there are more homes for sale.  More homes for sale puts downward pressure on price as now the buyer has options and a better market to negotiate.  Fewer homes on the market mean less competition thus making it more difficult for buyers to negotiate. Something to think about if you’re going to be selling in the few months and into the Summer.

903 Campfire Sold on 1/4/19 for $338,000 $3,100 over list price) after being listed for only 2 days at $334,900. This duplex style townhome has 3 bed, 3 baths, 2596 total and finished sq ft, 2 car attached garage, granite countertops, wood floors and stainless appliances that highlight the downstairs. It is also located on a corner lot.

townhome.jpg

3315 Yule Trail is currently listed for $385,000 and has been on the market for 21 days. This home has 4 beds, 4 baths, 2232 total sq ft with 1629 finished sq ft, new roof, hardwood flooring, tankless water heater, updated kitchen, and pergola shaded patio.  Let’s help the Sellers, Marcus and Emily Zeigler get top dollar by sharing their home for sale.

yule

839 Campfire is currently under contract after 21 days on the market listed at $449,900. This 4 bed, 4 bath two story home boasts 3043 total and finished sq ft along with high-end updates includes a main floor office, vaulted ceilings in spacious family room + owner’s suite, large eat-in kitchen, iron rod balusters, spacious deck, and Pergola. Custom designed basement includes a temp-controlled wine cellar and a beautiful reading-nook with tons of storage.  It will be interesting to see the final sales price,

This is the complete February 2019 real estate market update for our Trail Head neighborhood.  If you are thinking about selling your Trail Head home this year and would like to know what it’s going to take to get it sold for top dollar as well as a professional valuation please call, text or email and I’ll be happy to visit with you and answer all of your questions.  970-214-1560 and jeff@realestateruby.

Remember, friendly neighborhood Realtor discounts are still available.

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