Skip to content

Firestone Colorado Market Update

The real estate market continues to trend upward along the Front Range and Firestone is no exception.  Inventory is still low and there is no shortage of buyers.  This is due to a continued influx of people to Colorado due to job opportunities in the technology sector and other industries as well as lower taxes than in other parts of the country.  Further, Colorado is a beautiful place to live with over 300 days of sunshine on average!

Property values continue to rise due to these factors.  In the last 12 months, property value estimates have increased by 15.8% (NARRPR.com).  In the last 6 months, over 80% of the homes have sold for at or above the list price.

What does this mean for you?  You could capitalize on the equity you have in your home if you sell now.  You could then invest that money into that home you’ve been wanting, and with interest rates still hovering around 4% you’ll get more for your money!

Some are concerned that if they buy now their home won’t appreciate in value.  However, all of the financial indicators point to a growing economy in Colorado, thus continuing to bring increased value to your property.

If you’re interested in taking advantage of the investment you have in your home, let’s talk about what it’s worth and take the next steps to putting it on the market!

0Shares
Published inUncategorized

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *