Home buyers and home sellers in the Piney Creek area in Centennial/Aurora, CO should be aware of the most recent real estate market activity.  Statistics over the past four months are showing us that the market is very different depending on what price range one is looking at.  For example, data from the past 4 months show us that:

• The $300-400K price range makes up 42% of current supply and 47% of solds
  
• The $400K and above price range makes up 40% of actives, but only 13% of sold
• The $500K and above price range makes up 30% of actives, but only 7% of solds
  
• 86% of the Solds in past 4 months have been at $400K and lower

Take note in the chart below of the final column, showing the the number of months of inventory is on the market, given the current sales pace.  There is a notable difference in the market above $400K.

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