Westminster, CO

Population: 110,945
Average annual home appreciation rate: 24.38%
Total of homes for sale in this market: 334
Median home price: $295,288
Median Rent: $1,211 per room
Home price range: 40.04% of homes are between $264,001 – $396,000
Median sales price: $269,000
Number of homes: 373
Median foreclosure sales price: $158,000
Foreclosure discount: 41%
Most common home type: 58.36% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.09%
Number of renters: 35.71%
Number of owner occupied: 64.29%
Number people living below poverty level: 10.60%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Westminster area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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