Henderson CO: Belle Creek Monthly Market Minute November 2017
November sales held steady compared to October. There were 4 closed sales for both the months of October and November in Belle Creek. As predicted, the 4 homes that were under contract in October closed in November.
The turnover rate in Belle Creek is 11.9%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes. This number is slightly up since October, but stayed fairly steady.
- 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 increased over August and September's numbers, yet it is a slight decrease over October's 32 DOM.
- Average Days on Market for Cottage Style homes, under 1600 square feet, was 11 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 $334,224. The average sold price per square foot for all homes was $200 (above ground). Cottage style homes sold for an average price of $301,357, while the larger style homes sold for $361,381, on average. The average sold prices continue to exceed expectations as they increase month by month.
- Town home sales showed seasonal slowing. There was 1 closed town home sale in November, and there is 1 under contract. This town home sold for $230,000 after 9 days on market.
There is currently 1 detached home available, and 5 under contract, in Belle Creek. There is and 1 available town home.
*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!