Columbine West Homes

Presented by John Basila - RealtorĀ®, CRS, ABR, SRES, SFR - Broker/Owner
A Denver Home - (303)589-9034 - littletonagent@gmail.com

Columbine West Blog

Welcome to my blog about the Columbine West Neighborhood


Columbine West Community Garage Sale

Friday May 3rd & Saturday May 4th, posted 2/12/2019

I'm once again sponsoring the Community Garage Sale in Columbine West!!

If you'd like to show up on the map and have a directional sign delivered for your usage over the weekend, please sign up to be included. Email John Basila at littletonagent@gmail.com. Deadline to sign up is Wednesday May 1st, 2019. Maps and signs will be dropped off for each participant on Thursday May 2nd. Below is the map from 2018.

Community Garage Sale


Columbine West 2018 Real Estate Recap

by John Basila, posted 2/12/2019

Columbine West continued to be a strong Real Estate market in 2018. Historically speaking, there are typically 6 or 7 homes sold every month in Columbine West. Although 2018 wasn't as strong as some previous years, the lack of available homes for sale probably played a role in the decline. At the moment, for instance, there is only one home that is "Active" in the REColorado MLS. That means that there is only a 5 Day Supply of homes!

We are still in a very strong "Seller's Market". A "Balanced Market" means that there are four to six months of Inventory. A "Buyer's Market" is when there are more than 6 months of Inventory, so Buyers have the ability to be a little pickier and Sellers have to make more concessions. This "Seller's Market" will continue through the next year or so, at least, according to many experts.

As evidence of our "Seller's Market" in Columbine West, homes are still selling very quickly. The average Days On Market (DOM) in the Denver Metro Area is around 30 Days. The historical average in the Denver Metro over the last 50 years has been 70 Days. In 2018, Columbine West saw the same 6 Days On Market as we've seen over the past few years. If your property is priced right, it will sell quickly, and probably with multiple offers.

Recently, Lon Welsh of First Alliance Title revealed to me that those Sellers that priced their home correctly in the Denver Metro over the past 24 months, were sold in 13 Days On Market. If the Sellers had overpriced their home, it took 58 Days On Market and a price reduction to get it sold. My Sellers "Net" almost 103% of their List Price because we price their property correctly.

Incidentally, homes that were priced right sold more quickly in February, March and April in 2018. Since there's limited inventory before Spring, properties were gobbled up in less than two weeks in early 2018!!

Since the "Seller's Market" continues to be strong in Columbine West, you will not be surprised that our Property Values continue to rise. Did you get your new Tax Bill from Jefferson County, yet?? :-)

With limited inventory and a ton of Buyers waiting to purchase, our prices in Columbine West have continued their growth. Although we're not seeing the Double-Digit price appreciation that we saw in 2014 & 2015, we still saw a healthy 6.3% Increase in the Average Sale Price for 2018. Experts expect the rate of appreciation to continue to hover in the 5% to 6% range over the next two years.

If you've been thinking of Selling your property, now is a great time to beat the competition!! For a complimentary Market Analysis of your property, please call me. You can email me at littletonagent@gmail.com. You can also get an "automated" analysis at denverhomereport.com.

John Basila

As a long time resident of Columbine, I hope that this Blog can provide you with insight into our Community, its events and current Real Estate trends. Please feel free to contact me with any questions or local updates.


Upcoming Events

  • Columbine West Community Garage Sale
    May 3rd &4th 2019 - Email John Basila to be included on the map!

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Community Garage Sale Community Dumpster Day Columbine West Real Estate Littleton Real Estate Yard of the Month Events