Homes for Sale in Homestead

Homestead is a residential community in the southeast metro Denver area that was developed and built by Sanford Homes in the 1970s and 80s. It is located either adjacent to or enclosed by the streets: Quebec St., Arapahoe Rd., Holly St and Dry Creek Rd. This community has been known for years as one of the strongest family centered areas in terms of resale value, excellent school systems, quality of construction, and as a well planned residential development. The neighborhood surrounds the Englewood Dam & Willow Spring Open Space that is a recreation area and nature preserve with access to walking or bike paths that go for miles. Each neighborhood includes a pool, tennis facilities, greenbelts and a myriad of neighborhood activities such as a swim team, tennis lessons, babysitting co-ops, 4th of July bike parade, Easter egg hunts etc.  We have raised our own children here and can attest to the positive peer pressure and wonderful sense of community that we as a family have felt. The strong Homeowners Association and strong community involvement assure the high quality of life enjoyed by the neighborhood.  Available in this area are single-family homes, town homes, condos, patio homes, semi-custom homes, and luxury patio homes.  The area is divided into 3 different neighborhoods all in Arapahoe County and incorporated as part of the city of Centennial. In late 2006 a Light Rail train system opened a short distance from Homestead, providing an efficient mass transit option for travel to downtown, DIA and/or other parts of the Denver metro area.

 

 

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Where does the time go? We are already in 2017! I want to thank you for your support and confidence which made 2016 another good year for me.

               I hope you will find these figures interesting, showing the sales activity in Homestead in the Willows, Homestead Farm, and Homestead Farm II, most of which are recorded in the Multiple Listing Service. I have included all FSBOs unless there were any I didn’t know about. If you have any questions, please feel free to contact me.

                Using weighted averaging, I have calculated the appreciation of home values in all of Homestead for 2016 to be 7%. The average inventory of homes for sale in Homestead was 9 in 2016. An interesting fact is: the average inventory of homes for sale for the years 2003 through 2012 was 16, and the average annual appreciation during that same period was 2.3%. The average inventory of homes for sale for the years 2013 through 2016 was 7, and the average annual appreciation for those years was 9.0%. There are 8 houses on the market right now. Interest rates have risen since the election, and are currently at 4.0% (30 year fixed rate, conforming, 0+1).

If you are considering a move, or know of anyone who is, please contact me. ReMax continued in 2016 to way outperform all other companies in sales in Homestead. Also in the last 7 years I have personally helped 4 times more Homestead homeowners sell their homes than my next competitor. I promise you the best professional service available. With our market share, selling strategies, advanced technology, and my expertise in Homestead, I sincerely believe I can help you obtain the highest price for your home in the shortest amount of time.

 

                                                                                                                                         

       Thanks again!

       Rick Goebel

According to my calculations in Homestead, we’ve seen appreciation of approximately:

198119821983198419851986198719881989199019911992
13%12%0%1%-1%0%-1%0%-1%5%5%10%

199319941995199619971998199920002001200220032004
12%11%1%3%4%10%12%14%11%2%0%5%

200520062007200820092010201120122013201420152016
5%3%7%2%0%0%-3%4%7%12%10%7%

SANFORD HOMES RECORDED IN MULTIPLE LISTING SERVICE
1-Average Sale Price

2-Low-High Sales Price

3-Number Reported Sold

MODEL2009 2010201120122013201420152016
TOTAL1 $444,501
2 $265,000-$875,000
3 48 Sold
1 $421,828
2 $250,000-$715,000
3 46 Sold
1 $425,240
2 $248,000-$626,500
3 54 Sold
1 $433,450
2 $275,000-$635,000
3 75 Sold
1 $464,399
2 $303,500-$735,000
3 72 Sold
1 $507,245
2 $330,900-$899,000
3 55 Sold
1 $544,925
2 $393,000-$749,000
3 69 Sold
1 $580,049
2 $400,000-$775,000
3 72 Sold
Wolcott

3 Bedroom
1742-1786 Sq. Ft.
4 Level
1 $353,000
2 $353,000-$353,000
3 1 Sold
1 $319,875
2 $310,000-$345,000
3 4 Sold
1 $335,000
2 $295,000-$375,000
3 2 Sold
1 $330,612
2 $275,000-$377,009
1 9 Sold
1 $342,643
2 $303,500-$382,000
3 7 Sold
1 $414,900
2 $400,000-$426,000
3 5 Sold
1 $460,833
2 $407,000-$650,000
3 6 Sold
1 $440,967
2 $408,000-$475,000
3 3 Sold
Stockton

3 Bedroom
1749-1769 Sq. Ft.
2 Story
1 $324,180
2 $265,000-$404,900
3 5 Sold
1 $319,500
2 $250,000-$358,500
3 3 Sold
1 $339,880
2 $256,280-$375,000
3 6 Sold
1 $345,633
2 $277,800-$420,000
3 6 Sold
1 $379,063
2 $330,000-$422,500
3 8 Sold
1 $374,540
2 $330,900-$439,900
3 5 Sold
1 $438,000
2 $393,000-$492,500
3 9 Sold
1 $484,611
2 $446,000-$512,000
3 9 Sold
Westbury

3 Bedroom
1962 Sq. Ft.
4 Level
1 $426,800
2 $327,000-$641,000
3 5 Sold
1 $386,430
2 $282,000-$627,000
3 5 Sold
1 $479,425
2 $322,700-$637,000
3 4 Sold
1 $528,000
2 $319,000-$635,000
3 3 Sold
1 $444,600
2 $340,000-$610,000
3 5 Sold
1 $479,125
2 $400,000-$661,000
3 4 Sold
1 $415,000
2 $415,000-$415,000
3 1 Sold
1 $468,250
2 $405,000-$499,000
3 4 Sold
Mill Valley

3 Bedroom
1994 Sq. Ft.
4 Level
1 $345,000
2 $345,000-$345,000
3 1 Sold
1 $390,000
2 $390,000-$390,000
3 1 Sold
1 $341,500
2 $335,000-$348,000
3 2 Sold
1 $410,000
2 $410,000-$410,000
3 1 Sold
1 $374,038
2 $325,000-$409,150
3 4 Sold
1 $392,867
2 $368,600-$420,000
3 3 Sold
1 0
2 0
3 0 Sold
1 $460,000
2 $460,000-$460,000
3 1 Sold
Huntington

4 Level
2074 Sq. Ft.
2 Story
1 $365,280
2 $328,400-$407,000
3 5 Sold
1 $367,950
2 $351,000-$384,900
3 2 Sold
1 $370,000
2 $370,000-$370,000
3 1 Sold
1 $417,333
2 $357,000-$490,000
3 6 Sold
1 $405,000
2 $405,000-$405,000
3 1 Sold
1 $537,750
2 $483,000-$592,000
3 4 Sold
1 $498,500
2 $445,000-$585,000
3 4 Sold
1 $651,725
2 $612,000-$714,900
3 4 Sold
Berkshire

4 Bedroom
2450 Sq. Ft.
Ranch
1 $370,000
2 $370,000-$370,000
3 1 Sold
1 $355,750
2 $340,000-$371,500
3 2 Sold
1 $341,250
2 $310,000-$372,500
3 2 Sold
1 $349,000
2 $325,000-$373,000
3 2 Sold
1 $445,500
2 $412,000-$497,500
3 3 Sold
1 $482,158
2 $378,975-$567,500
3 3 Sold
1 $500,410
2 $430,000-$549,000
3 5 Sold
1 $502,000
2 $468,500-$532,500
3 3 Sold
Middleton

3 Bedroom
2246 Sq. Ft.
2 Story
1 $443,200
2 $384,000-$522,000
3 5 Sold
1 $464,020
2 $390,000-$519,000
3 5 Sold
1 $444,540
2 $283,000-$545,000
3 5 Sold
1 $454,631
2 $355,000-$605,150
3 8 Sold
1 $475,013
2 $388,500-$568,000
3 4 Sold
1 $500,000
2 $495,000-$505,000
3 2 Sold
1 $574,643
2 $442,000-$705,000
3 7 Sold
1 $614,500
2 $590,000-$650,000
3 4 Sold
Barrytown

4 Bedroom
2151-2207 Sq. Ft.
2 Story
1 $412,210
2 $314,250-$527,000
3 5 Sold
1 $399,826
2 $335,000-$489,000
3 9 Sold
1 $388,805
2 $248,000-$485,000
3 5 Sold
1 $418,687
2 $352,000-$480,000
3 8 Sold
1 $453,725
2 $380,000-$487,000
3 4 Sold
1 $555,457
2 $413,000-$899,000
3 7 Sold
1 $560,000
2 $488,000-$639,500
3 5 Sold
1 $582,400
2 $490,000-$624,000
3 5 Sold
Middleton

4 Bedroom
2344 Sq. Ft.
2 Story
1 $570,500
2 $499,000-$623,000
3 4 Sold
1 $457,000
2 $457,000-$457,000
3 1 Sold
1 0
2 0
3 0 Sold
1 0
2 0
3 0 Sold
1 $486,800
2 $435,000-$550,000
3 5 Sold
1 $635,000
2 $635,000-$635,000
3 1 Sold
1 $612,500
2 $612,500-$612,500
3 1 Sold
1 $601,357
2 $490,000-$737,000
3 7 Sold
Livingston

4 Bedroom
2422-2441 Sq. Ft.
4 Level
1 $529,000
2 $529,000-$529,000
3 1 Sold
1 $600,000
2 $600,000-$600,000
3 1 Sold
1 $318,100
2 $318,100-$318,100
3 1 Sold
1 $500,100
2 $490,000-$515,300
3 3 Sold
1 $549,250
2 $441,000-$657,500
3 2 Sold
1 $575,000
2 $575,000-$575,000
3 1 Sold
1 $549,633
2 $499,900-$615,000
3 3 Sold
1 $614,083
2 $530,000-$664,500
3 6 Sold
Hamilton

4 Bedroom
2422-2460 Sq. Ft.
2 Story
1 $442,106
2 $370,000-$500,000
3 7 Sold
1 $517,500
2 $445,000-$595,000
3 4 Sold
1 $464,475
2 $316,000-$550,000
3 16 Sold
1 $490,359
2 $372,500-$570,000
3 16 Sold
1 $529,069
2 $400,000-$695,000
3 16 Sold
1 $562,654
2 $440,000-$645,000
3 13 Sold
1 $611,356
2 $440,000-$675,000
3 18 Sold
1 $632,883
2 $400,000-$720,250
3 15 Sold
Berkshire II

4 Bedroom
2800-2890 Sq. Ft.
Ranch
1 $376,000
2 $376,000-$376,000
3 1 Sold
1 $406,333
2 $389,000-$430,000
3 3 Sold
1 $410,000
2 $380,000-$425,000
3 3 Sold
1 $378,280
2 $309,000-$445,000
3 5 Sold
1 $335,000
2 $300,000-$370,000
3 2 Sold
1 $432,000
2 $371,000-$505,000
3 3 Sold
1 $509,000
2 $486,000-$532,000
3 2 Sold
1 $518,667
2 $486,000-$555,000
3 3 Sold
Benedict

5 Bedroom
2433-2490 Sq. Ft.
2 Story
1 $456,505
2 $376,010-$537,000
3 2 Sold
1 $475,000
2 $475,000-$475,000
3 1 Sold
1 $422,000
2 $414,000-$430,000
3 2 Sold
1 $487,167
2 $370,000-$569,000
3 3 Sold
1 $460,833
2 $400,000-$492,500
3 3 Sold
1 0
2 0
3 0 Sold
1 $616,000
2 $470,000-$749,000
3 4 Sold
1 $675,000
2 $675,000-$675,000
3 1 Sold
Putnam

5 Bedroom
2552-2623 Sq. Ft.
2 Story
1 $525,970
2 $524,000-$527,940
3 2 Sold
1 $485,500
2 $430,000-$530,000
3 4 Sold
1 $495,900
2 $465,000-$515,000
3 4 Sold
1 $497,000
2 $429,000-$600,000
3 4 Sold
1 $527,300
2 $445,500-$590,000
3 5 Sold
1 $528,000
2 $528,000-$528,000
3 1 Sold
1 $577,167
2 $552,500-$620,000
3 3 Sold
1 $663,571
2 $595,000-$775,000
3 7 Sold
Manor House

4 Bedroom
2819-2950 Sq. Ft.
2 Story
1 $721,000
2 $621,500-$875,000
3 3 Sold
1 $715,000
2 $715,000-$715,000
3 1 Sold
1 $626,500
2 $626,500-$626,500
3 1 Sold
1 $590,000
2 $590,000-$590,000
3 1 Sold
1 $714,500
2 $685,000-$735,000
3 3 Sold
1 $674,000
2 $585,000-$720,000
3 3 Sold
1 $680,000
2 $680,000-$680,000
3 1 Sold
1 0
2 0
3 0 Sold