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Riverfront single family home with 2 bedrooms situated in a quiet and private location. Oversized eat-in kitchen has a slider to the deck plus an attached laundry room. Large living room has a wood-burning stove for supplemental heat. Huge attached 2 car garage features lots of great built-in cabinetry and a work bench. Corner of garage was impacted by 2013 flood, but professionally repaired by reputable local contractor. Riverbanks have been mitigated and new culvert installed for driveway.

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2031 Monida Court

Efficient and comfortable, this one-level home will surprise you at the level of detail and thought that went into the design and construction. Featuring outstanding views from the covered front deck including Twin Sisters, Meeker, and Lily Mountain, you can sit back, relax and enjoy living in Estes Park. The spacious great room with vaulted ceilings creates a warm welcome into the house and the kitchen includes pantry, desk, and tons of cabinet space. The master bedroom features a private bath, walk-in-closet, excellent views, and a private 4-season sunroom. Hardwood floors throughout the home makes it easy to clean.

Recent upgrades include R-60 Insulation in all ceilings and a new roof in 2008. These are only the 2nd owners of this home and they have done a fantastic job maintaining the home. Many more features too numerous to list!

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Estes Park Real Estate Statistics January 2015

Last month, I mentioned we are living in Exciting times in the Estes Park real estate market! January was a record month for sales in both condominiums and single family homes. Since I began keeping track in 2008, January 2015 was the busiest on record for the number of properties sold!

In addition, the absorption rate is the lowest I’ve ever seen it in Estes Park. The National Association of Realtors tells us that with 6 months of inventory, a real estate market is balanced and should see moderate appreciation over time. Our local market is hitting 6.5 months worth of inventory for single family homes and 5.3 months for condominiums. The more revealing story describing our real estate market is that homes under 500,000 have an average of 3.1 months of inventory but homes over 500,000 have 16.8 months worth. What this means is that prices will be accelerating at the bottom of the market and prices at the top will continue to slide in the near future.

Advice for Buyers

Do you have someone on your side of the transaction working for you? Even with the technologies available online for today’s consumers, it is still difficult to stay on top of the best properties coming on the market. With today’s low inventories in the inexpensive price ranges, great properties at attractive prices are selling almost immediately. A dedicated Buyers agent can be a huge asset to be your local representative keeping watch out for available properties that fit what you are looking for.

Advice for Sellers

If you have been waiting for the market to change before selling your home, now could be the time. The market factors have shifted for many people and there is now extremely low inventory in certain price ranges. You won’t need to wait for summer to get people looking at your home if you are in the right price range. Give me a call for a free consultation on what is the best move for you and your property.

Single Family Homes

105 – Active on the market (10 less than last month and 22 less than this time last year)
13 – Sold in January (1 less than month and 7 more than January 2014)
23 – Currently Pending (9 more than last month and 4 more than this time last year)
$360,000 – Median Price of trailing 12 months of sales
$1,059,000 – Most expensive home sold in January
$230,000 – Least expensive home sold in January
6.5 Months Supply of Inventory (Also called Absorption Rate)

Condominiums and Townhouses

49 – Active on the market (11 less than last month ago and 14 less than this time last year)
10 – Sold in January (1 less than last month and 7 more than January 2014)
17 – Currently Pending (1 more than last month and 6 more than this time last year)
$247,500 – Median Price of trailing 12 months of sales
$440,500 – Most expensive condo sold in January
$144,500 – Least expensive condo sold in January
5.3 Months Supply of Inventory (Also called Absorption Rate)

Vacant Land

99 – Active on the market (6 more than last month and 2 less than this time last year)
2 – Sold in January (1 more than last month and 1 more than January 2014)
18 – Currently Pending (3 more than last month and 16 more than this time last year)
$160,000 – Median Price of trailing 12 months of sales
$70,000 – Most expensive land sold in January
$65,000 – Least expensive land sold in January

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1950s Log Home

This quintessential log cabin is part of an attractive mini-ranch that includes a pond, small creek, almost 3 acres, beautiful aspen trees, horse facilities, easy access and great views of the Mummy Range. Manage your ranch from your three car garage and large workshop. The 1950’s style classic log home features pine wood paneling and built-ins plus a unique two-sided fireplace. The property is zoned A-1 which allows more cabins to be added to the property. Separate small buildable lot included.

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Estes Park Real Estate Market Statistics for December 2014

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Monthly real estate statistics report for Estes Park, Colorado detailing what is going on in the local real estate market for December 2014

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A-Frame Cabin in the Mountains For Sale

If you have every dreamed of owning an A-Frame cabin in the mountains, your dream is about to come true! This home has a fantastic mountain cabin feel with big views and plenty of privacy. Featuring 3 bedrooms plus two bonus rooms, this home has plenty of space. An oversized storage room offers opportunities for […]

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Spacious Free-Standing Condo for Sale

Here’s your chance at a spacious multi-level free-standing condominium with very low maintenance. The flexible floor plan features a split-level great room with huge views of Longs Peak well framed through the picture windows. Mingle among the rock outcroppings on multiple decks surrounding the house including an ultra private deck off the kitchen. Great value […]

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Estes Park Real Estate Market Statistics for November 2014

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Monthly real estate statistics report for Estes Park, Colorado detailing what is going on in the local real estate market for November 2014

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Fantastic Home in a Great Location for Sale

Fantastic value priced home with a great location and easy access in Estes Park. This 4 bedroom home is completely updated and features a 2nd kitchen in lower level family room. The main level features a big and beautiful kitchen with granite counters, hickory cabinets, hardwood floors, tile backsplashes, stainless steel appliances and an open […]

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Impressive End Unit Condo in Northridge Meadow for Sale

An impressive end unit condo at Northridge Meadow has fantastic windows that flood the living spaces with light. The condo has been updated very recently with attractive quartz kitchen countertops, new stainless steel appliances, hot water heater, and storm door. Three full bedrooms and three full baths (2 ensuite) help make overnight guests super comfortable. […]

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