Henderson CO: Belle Creek Monthly Market Minute February 2018
February sales increased slightly over January. There were 3 closed sales for the month of February, as compared to 2 in January in Belle Creek. This is normal i the colder months; we will likely see the number of closed sales increase over the next several months as the weather gets warmer.
The turnover rate in Belle Creek is 12.9%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes. This number increased slightly.
- Average Days on Market for all Belle Creek detached homes is 29. 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 December and January.
- 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 44 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 $336,436. The average sold price per square foot for all homes was $199 (above ground). Cottage style homes sold for an average price of $304,750, while the larger style homes sold for $361,332, on average. The average sold prices had been increasing over the past several months, and I believe we will see that trend continue through the spring and summer months.
- Town home sales are holding steady. There was 1 closed town home sales in January, and there is 1 under contract; these numbers remained the same in February. Over the past 12 months, townhomes have been selling for an average price of $233,519, after an average of 7 Days on Market.
There are currently 2 homes under contract, and 1 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!