HOA Fees and News
Heather Ridge Home Owners Associations communities.
Heather Ridge Metro District
Heather Ridge Metro District maps and features
Listings to Look At
2479-C S Xanadu Way - $289,900
MLS #7807937
For questions,
call Van at 303-550-1362 or Pete at 303-877-9538
2451-C S. Xanadu Way -$275,000
MLS #7464357
For questions,
call Pete or Van at 303-550-1362 or 303-877-9538
2790 S Wheeling Way - $439,000
MLS #2967238
For questions,
call Van at 303-550-1362 or Pete at 303-877-9538
2640 S Vaughn Way #D -$295,000
MLS #335746
For questions,
call Pete or Van at 303-550-1362 or 303-877-9538
2518 S Vaughn Way #B - $380,000
MLS #1808608
For questions,
call Pete or Van at 303-550-1362 or 303-877-9538
2823 S Xanadu Way - $522,900
MLS # 9495739
For questions,
call Pete or Van at 303-550-1362 or 303-877-9538
Hottest topics in Heather Ridge real estate
Updated as of 6-9-2025 with personalized real estate opinions and market information
Watching real estate each day
In the June 2025 issue of Metro Matters (see link below), the Heather Ridge real estate report on page 4 detailed year-to-date home sales as well as years 2020-to-2025. It also addressed how HOA communities affect sales through their appearance, monthly fees, and general insurance deductions for wind and hail.
Major changes to watch in real estate include the economy (the Fed and monthly eco reports), mortgages rates (Treasury 10-year bond yields), and inflation (the Federal and other eco reports). Also keep an eye on monthly real estate industry reports about prices, inventory levels, and closed sales. These and other reports together speak of market direction and force.
All of this goes towards answering, “How’s the real estate market doing today?”
It’s not the worst of times nor the best of times for real estate. A commentator, agent, buyer, or seller needs perspective. The following chart outlines Heather Ridge home prices for key and transformative years – that’s perspective:
What’s the message from the chart? Prices went up and are coming down now. The optimum time to have sold was probably end of 2022 into mid-2023. That’s when prices peaked. The best time to have purchased was 2020…or maybe today.
Over the three years from 2020 through 2022, both average and median prices in Heather Ridge increased $96,458 and $97,000 respectfully, or about 36% on average.
As of May 16, 2025, the Heather Ridge average closed price is down $14,738 from last year’s price, but the median price is down a dramatic $36,000 from 2024!
The above outline shows Heather Ridge average and median prices for key years starting in 2020. The average price is the sum of all sale prices divided by its number. It is easily influenced by high and low prices. Median is the middle number of all sales and is deemed more reliable and balanced than average.
For the metro area at large, average prices have always exceeded median prices. For Heather Ridge, with it statistically insignificant number of sales, median prices have always exceeded average prices (the opposite of metro numbers).
Paralleling sold prices are concessions paid by sellers to home buyers. It’s a necessary inducement encouraged by lenders for sellers to help buyers qualify. Sellers may pay for a buyers’ loan closing costs, loan buy down, or even pay off a car loan in order to qualify for a mortgage (VA loans only).
•So far in 2025, the average concession is $7,121 paid by 69% of sellers.
A good rationalization for paying concessions is to support home prices vs lowering them. That theory works up to a point if properties are correctly priced in today’s market, not yesterdays. And concessions are carefully noticed by buyers and appraisers to gauge relative prices.
If you are looking to sell or buy, then the above information asks the famous Clint Eastwood question:” Well, are you feeling lucky today?”
Lucky is one thing, being aware is another. Pick the agent who best represents your needs. Please give Pete or Van a call. Remember, “Please don’t leave home without us.” Van Lewis
IMPORTANT LINKS TO TWO METRO DENVER RESOURCES DMAR AND METRO MATTERS
Monthly DMAR reports
Denver Metro Association of Realtors organization (DMAR) reports monthly on real estate for metro-Denver area. These reports are the "mother-load" of info on real estate activity here. Report dates are in arrears meaning, for example, the June 2025 report comes out on Jul 1-2, 2025
