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Arvada

Why you'd want to live in Arvada

Arvada is a residential suburb of Denver in Jefferson County, at the edge of the Front Range of the Rocky Mountains. The first activity in the area was the search for gold. The first known discovery was in 1850. In 1858, Lewis Ralston, who had found the original nugget in 1850, returned with more miners. A settlement developed to meet the requirements of the miners. Ralston left but the others eventually found the rich lodes that brought about the 1859 gold rush. With the Colorado Central Railroad passing nearby, it was decided in 1870 to create the Town of Arvada along the route. Arvada was the middle name of the brother-in-law of one of the founders. At first, the trains simply slowed down to drop off sacks of mail for the postmaster, but by 1872, trains stopped to pick up and drop off passengers. In 1904, Arvada was incorporated. Railroad Street, later to become Grandview Avenue, was the principal business district. The first edition of the Arvada Enterprise went to press in 1908. The area suffered from dust bowl conditions during the 1930s. Jeffco Public Schools serves Arvada and has more than 86,000 students in 155 schools, including nine option schools and eighteen charter schools. It is the second-largest school district in Colorado.

Arvada Market Report

$729,362

AVERAGE PRICE OF 524 HOMES

$595,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,560,925

AVERAGE PRICE OF 61 MULTI-MILLION DOLLAR HOMES

$699,716

AVERAGE PRICE OF 103 NEWLY BUILT HOMES

$718,407

AVERAGE PRICE OF 21 HOMES WITH A POOL

$696,600

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $729,362
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $322,528
2 bedrooms $478,778
3 bedrooms $656,902
4 bedrooms $809,627
5 bedrooms $913,506
Arvada Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 473 481 491 509 498
Average Price $769,665 $785,605 $778,611 $771,702 $775,622
Avg Price Change -2.07% +0.90% +0.90% -0.51% n/a
Median Price $656,383 $662,679 $659,162 $660,273 $661,015
Med Price Change -0.96% +0.53% -0.17% -0.11% n/a
Avg Bedrooms 3.25 beds 3.23 beds 3.24 beds 3.31 beds 3.31 beds
Avg Bathrooms 2.72 baths 2.76 baths 2.76 baths 2.82 baths 2.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arvada 156 $621,543 50 days
Arvada West 145 $700,461 62 days
Pomona 60 $532,244 35 days
Ralston Valley 122 $907,162 65 days
Westminster 13 $915,453 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 524 $729,362 61 days
Distressed Homes 1 $595,500 19 days
Multi-Million Dollar Homes 61 $1,560,925 79 days
Newly Built Homes 103 $699,716 108 days
Homes with a Pool 21 $718,407 28 days
Reduced Price Homes 50 $696,600 60 days
RE/MAX Professionals | Dynamic Home Team
Kim Davis
8500 W. Bowles Ave. #100
LIttleton, CO 80123
303-980-7878

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