Henderson CO: Belle Creek Monthly Market Minute June 2018
June sales decreased over May. There was 1 closed sale for the month of June, as compared to 3 in May in Belle Creek. This is another unexpected drop, although it demonstrates what has been happening throughout the Denver Metro area - showing traffic has slowed and number of sales have followed.
The turnover rate in Belle Creek is 9.8%. This number represents the percentage of Belle Creek home owners that list - and actually sell - their homes. This number is a marked decrease over May's 11.4% turnover rate.
- Average Days on Market for all Belle Creek detached homes is 34. 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 over May.
- 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 59 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 $340,349. The average sold price per square foot for all homes was $204 (above ground). Cottage style homes sold for an average price of $316,917, while the larger style homes sold for $361,438, on average. The average sold prices had been increasing over the past several months, and took another jump up in May.
- There was 1 town home sale in the month of June. There is 1 under contract; there are currently no town homes available. Over the past 12 months, townhomes have been selling for an average price of $240,311, after an average of 11 Days on Market.
There are currently 5 homes under contract, and 1 actively listed property, 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!