2022 was another record breaking year for Golden's Tablerock neighborhood. The highest priced home sold for $2M, a huge increase from last year's most expensive home that sold for $1.545M. The average sold price also increased quite a bit with this year's average hitting $1.55M.
Average days on market increased from 2 days to 12 days year over year, but this number is a little skewed as just two homes were listed for quite a long time while the others sold in just 3-6 days.
The change in interest rates throughout 2022 did have an effect on Tablerock's real estate market. The biggest impact is that homeowners began simply refraining from listing their home towards the end of the year. In fact, no one has listed a home in Tablerock since mid September. We believe this has a direct correlation to interest rates as this is when rates creeped up past 6% and reached past 7% at times. We expect most Tablerock owners to continue waiting it out a bit longer. After all, Tablerock sellers are buyers as well and they are waiting to see if rates will improve. The good news is that the experts are predicting the Denver market will stabilize and rates will go down this year which should lead to new listings.
No matter the market, Tablerock is always in high demand. With its countless mountain views, easy access to Denver, good-sized lots, neighborhood pool and great neighbors, its easy to understand why this picturesque neighborhood is so sought after. If you are interested in buying or selling in Tablerock, we'd love to help! As residents, we have unrivaled knowledge and love for this one-of-a-kind neighborhood. Check out our website - tablerockgolden.com - or reach out and let us know how we can help.
Recent Homes Sold Statistics in Tablerock Golden, CO
2022 | 2021 | 2020 | 2019 | 2018 | |
Average Sold Price |
$1.552M +29% Y/Y |
$1.199M +32% Y/Y |
$910K +3% Y/Y |
$880K +9% Y/Y |
$811K -1% Y/Y |
Average Days on Market |
12 |
2 |
7 |
16 |
23 |
# of Homes Sold |
10 |
12 |
6 |
9 |
16 |
Highest Sold Price |
$2.0M |
$1.545M |
$1.008M |
$990K |
$1.000M |
Lowest Sold Price | $1.125M | $700K |
$828K |
$745K |
$650K |
Just when we thought the market was slowing down! Thanks for the research on Table Rock, what a great community!
Posted by Brett Johnson on Tuesday, May 2nd, 2023 at 4:23pmLeave A Comment