Thornton CO Real Estate Update
Posted 04-03-2017 at 09:36 AM by NorthDenverGirl
Thornton Real Estate Update March 2017
Thornton real estate saw a rise since March 2016. In March 2016 buying a house in Thornton (a single family home) cost you a median price of $325,000 and rose to a median price of $355,000 in March 2017. The market took off in March, we have seen an early spring rush in the market thanks to the weather we have been having. Once we got to the middle of February we really saw the market pick up again and homes in the $400,000 and under range in Thornton saw multiple offers and quick sales again. This point to another busy spring/summer real estate season in 2017 in Thornton and surrounding areas.
What Does a House Cost in Thornton, CO
How much a house will cost in Thornton, CO depends on when you buy and in what area of Thornton you buy. Homes south of 104th in Thornton often go for a lower price, you can find a 3 bed, 2 bath home on that side of Thornton for around $270,000 – $315,000. Go North between 104th and 120th and you are looking at the $315,000 – $425,000 range depending on the neighborhood. Areas beyond 120th all the way down to the north border of Thornton can be upwards of $400,000 especially if the home is newer.
Thornton Housing Statistics March 2017
Median House Price for Single Family Home: $355,000
Median Days on the Market: 6
Number of Homes for Sale: 179
Months of Inventory: 1
Close Price to List Price: 100.8%
Buying a Home in Thornton Colorado
If you are buying a home in Thornton CO in 2017 now is a good time. We have already seen the market pick up in the past month, as the weather improves so will the market. This means we will see the median days on the market shrink again, last year in 2016 the average was around 5 days, we can expect this to continue into 2017 unless we see major changes in the market. Prices have already started to rise over not just last year but the beginning of this year. To wrap it up if you are looking to buy in Thornton and you are ready to do so now, jump in while you can, you will save money in the long run.
Selling a Home in Thornton Colorado
We saw a total of 179 homes for sale in March, this is very low, especially considering how many buyers we have out there. In comparison in 2013, there were 401 homes on the market in March. I have spoken and worked with quite a few homebuyers in March and many new buyers are starting to hit the market. In terms of getting the best sale price now is a great time to get your home on the market. We have seen multiple offers start up again, especially if your home is in the $350- range. There are a lot of buyers out there looking for the right home. Find out how much your home is worth then make a decision for your situation.
If you are looking for more information on the Thornton market or you are looking to buy or sell a home in Thornton, please feel free to use the contact form below. I will be in contact as soon as possible.
Thornton real estate saw a rise since March 2016. In March 2016 buying a house in Thornton (a single family home) cost you a median price of $325,000 and rose to a median price of $355,000 in March 2017. The market took off in March, we have seen an early spring rush in the market thanks to the weather we have been having. Once we got to the middle of February we really saw the market pick up again and homes in the $400,000 and under range in Thornton saw multiple offers and quick sales again. This point to another busy spring/summer real estate season in 2017 in Thornton and surrounding areas.
What Does a House Cost in Thornton, CO
How much a house will cost in Thornton, CO depends on when you buy and in what area of Thornton you buy. Homes south of 104th in Thornton often go for a lower price, you can find a 3 bed, 2 bath home on that side of Thornton for around $270,000 – $315,000. Go North between 104th and 120th and you are looking at the $315,000 – $425,000 range depending on the neighborhood. Areas beyond 120th all the way down to the north border of Thornton can be upwards of $400,000 especially if the home is newer.
Thornton Housing Statistics March 2017
Median House Price for Single Family Home: $355,000
Median Days on the Market: 6
Number of Homes for Sale: 179
Months of Inventory: 1
Close Price to List Price: 100.8%
Buying a Home in Thornton Colorado
If you are buying a home in Thornton CO in 2017 now is a good time. We have already seen the market pick up in the past month, as the weather improves so will the market. This means we will see the median days on the market shrink again, last year in 2016 the average was around 5 days, we can expect this to continue into 2017 unless we see major changes in the market. Prices have already started to rise over not just last year but the beginning of this year. To wrap it up if you are looking to buy in Thornton and you are ready to do so now, jump in while you can, you will save money in the long run.
Selling a Home in Thornton Colorado
We saw a total of 179 homes for sale in March, this is very low, especially considering how many buyers we have out there. In comparison in 2013, there were 401 homes on the market in March. I have spoken and worked with quite a few homebuyers in March and many new buyers are starting to hit the market. In terms of getting the best sale price now is a great time to get your home on the market. We have seen multiple offers start up again, especially if your home is in the $350- range. There are a lot of buyers out there looking for the right home. Find out how much your home is worth then make a decision for your situation.
If you are looking for more information on the Thornton market or you are looking to buy or sell a home in Thornton, please feel free to use the contact form below. I will be in contact as soon as possible.
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