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How long are townhomes in Bradburn development in Westminster, Colorado on the market? Thanks!

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March 30 2012 - Westminster
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Answers (3)

In many communities, 10-30% of properties go under contract in 2 weeks or less, so neither average nor median time on market generally give you much info on how quickly things sell.  Where a third sell in under 2 weeks, and a third around 100 days, and another third in 200 days, the average and median will both be around 100 days...but only a third sell in that time frame.

Of the townhome sales in Bradburn in 2011/2011, 2 went under contract in 60/72 days, 4 in 90-110, and the other two were on the market for 278 & 383 days before going under contract.  So in this case, 6 of the 8 went under contract in a month to two months less than the 137 days that the average would suggest.  The median gives you a better picture in this case, but that's almost entirely happenstance.

I would agree with Nathan that things have picked up this spring and you might do better now than last year.
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April 06 2012
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Thank you!  We live out of state now and are renting out our townhouse in Bradburn. We have a great tenant but we would really like to sell. As we just had a baby and would like to buy a home here in Utah. Nathan, what do you think a good price range would be for us to sell our townhouse?  It is a 3 bedroom, 2.5 bath. 

http://www.zillow.com/homedetails/3975-W-118th-Pl-1-Westminster-CO-80031/63241624_zpid/

Any advice you could give would be greatly appreciated! Thank you. 

Ashley 
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March 30 2012

For the ten properties that sold in Bradburn over the past 6 months, the median days on market was 94 and the average days on market was 137.  I think with spring coming and the market picking up lateley,60 to 90 days would be a safe bet for a property that is properly priced. 

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March 30 2012
 
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