Although now considered a suburb of Denver, in the 1800s Arvada got its start as an agricultural community. Miners, fed up with low yields and cold hands, began farming the fertile soil near Clear Creek, and by 1870, six years before Colorado statehood, Arvada had a thriving crop exchange. Today, a blend of historic and modern architecture make for a suburb mindful of its small-town roots. The Arvada Historical Society provides a tour of old downtown, including the 1926 Arvada Flour Mill, now on the National Register of Historic Places. Olde Town Arvada is emerging as a popular and walkable hangout that bustles with dozens of restaurants, bars, galleries, boutiques, summer concerts, festivals and more.
While in the area, visit the Arvada Center. Featuring a popular and high-quality annual theater series, a museum, two art galleries, classrooms for hundreds of art education programs, this complex is an exciting addition to the community. The center's outdoor Summer Stage, with concerts, dance performances and theater productions, is a big draw.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.
