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1795 Silver Tree

Excellent deal in an ‘up and coming’ neighborhood with public water and sewer available and easy paved access. Accommodations Zoning provides flexible options for short term rentals. Not far from the National Park main entrance without venturing through downtown. Big views to the Mummy Range, southern exposure and gently sloping lot perfect for a walk-out basement. Several trees on the lot provide shade and wind protection. Make an offer!

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This home was lovingly built by the current owner with great care and detail to the woodwork. It has a warm rustic feel with weathered pine floors throughout the house, vaulted ceilings covered with tongue-and-groove pine, and wood wainscoting. The oversize windows feature views of Longs Peak, Twin Sisters, and Fish Creek. The ensuite master bedroom has a walk-in closet and plenty of room for a sitting area. There is abundant storage space in the kitchen and tons of built-in storage in the garage.

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This turn-key property has it all! Easy access to over 2 acres of super-private, pristine horse property with both wooded and meadow areas and a tiny creek running behind the house. Enjoy living in this log-sided home with vaulted ceilings, Pergo wood floors, a wood stove, and large windows that let the sunlight in. The house has many updates including sliding glass doors to an oversized back porch and fenced in yard. The barn includes a fenced in area, hay storage, workshop,and two-horse stalls. Just bring your horses and move right in!

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Estes Park Real Estate Statistics May 2014

Welcome to Summer in Estes Park! There is a lot of activity in the market which is typical this time of year, however, this month’s stats are starting to show a mixed bag of indicators…some positive and some negative.

One of the most exciting stats to report is that our single family median price is up considerably compared to recent years passed. We are also within $2,000 of our highest ever median price which in statistical terms is extremely insignificant.

For the first time since may 2011, we have more single family inventory available on the market compared to exactly one year previous. This can be good news showing some sellers who have been on the sidelines are finally comfortable enough with our market to put their properties available for sale. However, it could also mean that there is more inventory than the demand can keep up with. In any case, more inventory tends to stall out price appreciation. Decreasing inventory shows a market poised for appreciation.

Also troubling is the climbing absorption rate. We are not selling as many homes as last year and there is more inventory available which put us further in the realm of stagnant real estate prices.

Advice for Sellers

The summer selling season is upon us! This is the time of year everyone wants to try to sell their homes. If you are thinking about selling, don’t miss this opportunity. However, don’t forget to be realistic. There are still more homes available than there are buyers. Properties that aren’t priced correctly are lingering on the market.

Advice for Buyers

If you haven’t noticed, there has been an extreme influx of new listings lately which is perfectly normal this time of year. There are also plenty of buyers hunting for that “best deal” so if you see a fresh one you like, be aggressive. If you wait, there is a high probability that someone else will recognize the value and submit an offer before you get to it. Though multiple offers are not common, I have seen it fairly frequently in the last month or so.

Single Family Homes

159 – Active on the market (19 more than last month and 12 more than this time last year)
16 – Sold in May (3 more than last month and 10 less than May 2013)
37 – Currently Pending (5 more than last month and 1 less than this time last year)
$375,000 – Median Price of trailing 12 months of sales
$1,975,000 – Most expensive home sold in May
$175,000 – Least expensive home sold in May
11.5 Months Supply of Inventory (Also called Absorption Rate)

Condominiums and Townhouses

93 – Active on the market (16 more than last month ago and 5 less than this time last year)
15 – Sold in May (7 more than last month and the same as May 2013)
10 – Currently Pending (9 less than last month and 11 less than this time last year)
$240,000 – Median Price of trailing 12 months of sales
$700,000 – Most expensive condo sold in May
$136,900 – Least expensive condo sold in May
11.7 Months Supply of Inventory (Also called Absorption Rate)

Vacant Land

120 – Active on the market (1 less than last month and 4 less than this time last year)
2 – Sold in May (1 more than last month and 2 more than May 2013)
13 – Currently Pending (6 more than last month and 9 more than this time last year)
$143,000 – Median Price of trailing 12 months of sales
$146,000 – Most expensive land sold in May
$140,000 – Least expensive land sold in May

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Impressive End Unit Condo at 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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7 Acres of Land in the Prestigious North End of Estes Park for Sale

The prestigious North End of Estes Park features some of the finest views anywhere in Northern Colorado. This 7 acre parcel showcases the best of what the North End has to offer with unobstructed views of the Continental Divide and Longs Peak. With gently sloping topography, easy access, all utilities available on site, and even […]

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The Sanctuary at Husted Ranch is for Sale!

The Sanctuary at Husted Ranch is a special home overlooking the Estes Valley with the amenities necessary to make your time in Estes Park unforgettable. The home is situated to take advantage of the awe-inspiring views while making you feel like you have the entire Rocky Mountains to yourself. You can also make use of […]

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Log Cabin Steps Away from the Big Thompson River for Sale

Check out this Log Cabin steps away from the Big Thompson River and minutes away from Estes Park and Rocky Mountain National Park. The kitchen, bathroom, additional bedroom, roof, exterior siding, and deck have all been freshly updated in the last few years. The private deck is sheltered from the highway and surrounded by massive […]

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Quality Built One Level Home for Sale

This quality built one-level home on a quiet and private cul-de-sac is everything you are looking for! The open floor plan, gas fireplace and vaulted ceilings in the greatroom create a warm and inviting space to entertain or enjoy it all to yourself. There have been many recent updates to the home so you can […]

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Luxury Riverfront Condo for Sale

Get away from the busy-ness of the big city and escape to this sophisticated riverfront luxury condo just down the road from Rocky Mountain National Park. The HUGE windows take full advantage of the Fall River and the surrounding mountains showcasing why people love living in the mountains. If that isn’t enough, get outside on […]

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