Henderson CO: Belle Creek Monthly Market Minute February 2019
February sales of existing homes sprang to life in Belle Creek. February saw 4 closed sales in Belle Creek which is higher than average for this time of year. Both December and January had 2 closed sales apiece.
The turnover rate in Belle Creek is 7.5%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes, and takes into account sales over the last 12 months. This number is a decrease from February 2018, but is consistent with the turnover rates in December and January.
Average Days on Market for all Belle Creek detached homes is 11. This number represents the time frame from the day that it is actively listed to the date that the buyer and seller have a signed contract. This number has been increased slightly, though it is well under last year's 29 days on market.
Average Days on Market for Cottage Style homes, under 1600 square feet, was 5 Days. Home owners with larger homes – 1900 square feet and up – have been selling in an average of 16 Days on Market. Again, this is a total over the trailing 12 months.
Average Sold Price for all homes was $349,285. The average sold price per square foot for all homes was $227 (above ground). Cottage style homes sold for an average price of $331,610, while the larger style homes sold for $370,029, on average. These numbers are fairly consistent with what we saw earlier this winter.
There is 1 town home available. There are none under contract at this time. Over the past 12 months, townhomes have been selling for an average price of $255,013, after an average of 8 Days on Market.
There are currently 2 detached homes under contract, and 2 actively listed properties, in Belle Creek.