Henderson CO: Belle Creek Monthly Market Minute April 2018
April sales increased slightly over March. There were 4 closed sales for the month of April in Belle Creek. This is an expected uptick in sales as we are getting into the spring selling season.
The turnover rate in Belle Creek is 11.7%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes. This number decreased slightly.
- 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 has increased slightly over February and March.
- 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 48 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 $342,929. The average sold price per square foot for all homes was $201 (above ground). Cottage style homes sold for an average price of $315,079, while the larger style homes sold for $363,280, on average. The average sold price continues to increase, although the rate of increase has slowed slightly.
- Town home sales are holding steady. Over the past 12 months, townhomes have been selling for an average price of $234,018, after an average of 10 Days on Market.
*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!