Henderson CO: Belle Creek Monthly Market Minute January 2018
January sales decreased over December. There were 2 closed sales for the month of January, as compared to 6 in December in Belle Creek. This is not unexpected given the time of year; we will soon start to see activity increase as spring approaches.
The turnover rate in Belle Creek is 12.5%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes. This number held steady after increasing over the prior few months.
- Average Days on Market for all Belle Creek detached homes is 30. 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 also continues to hold steady when compared to November ad December.
- Average Days on Market for Cottage Style homes, under 1600 square feet, was 9 Days. Home owners with larger homes – 1900 square feet and up – have been selling in an average of 46 Days on Market. Again, this is a year-over-year comparison. Most folks who list their home in Belle Creek can expect it to go under contract in 2 - 4 weeks, if the house is priced properly.
- Average Sold Price for all homes was $335,704. The average sold price per square foot for all homes was $199 (above ground). Cottage style homes sold for an average price of $303,786, while the larger style homes sold for $360,529, on average. The average sold prices had been increasing over the past several months, but have held steady for December and January.
- Town home sales again showed an uptick. There was 1 closed town home sales in January, and there is 1 under contract. Over the past 12 months, townhomes have been selling for an average price of $234,930, after an average of 11 Days on Market.
There are currently 4 homes under contract, and no actively listed properties, in Belle Creek.
*It is important to note that these stats are year over year comparisons.
Be sure that if you are selling your property that it is show ready, move-in ready, and priced properly. If you have been thinking about making a move, be sure to consult with a Realtor who specializes in your neighborhood. Every situation is different – so call Jennifer Prestwich at 720-341-5235 to discuss whether now is a good time to make your move!