Henderson CO: Belle Creek Monthly Market Minute December 2018
December sales of existing homes were decent in Belle Creek. .While much of early fall was quiet, December has 2 closed sales. We often see an uptick in sales in December, although this is a marked decline from December 2017's 6 closed sales.
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 the fall months, and also a decrease from December 2017's 12.5% turnover.
Average Days on Market for all Belle Creek detached homes is 8. 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 dropped quite a bit.
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 10 Days on Market. Again, this is over the trailing 12 months.
Average Sold Price for all homes was $351,459. The average sold price per square foot for all homes was $220 (above ground). Cottage style homes sold for an average price of $327,627, while the larger style homes sold for $370,822, on average. The average sold prices have been increasing, albeit slower than last spring.
There were no town home sales in the month of December. Over the past 12 months, townhomes have been selling for an average price of $247,624, after an average of 7 Days on Market.