Belle Creek Homes for Sale: Monthly Market Minute
Home sales in Belle Creek took a jump in July. This is welcome news for home owners in Henderson CO who have been following the market for the past several years. There are 7 homes currently under contract or pending contract in Belle Creek, and only 4 homes currently available. Recently sold homes have helped bolster the values in Belle Creek:
- The turnover rate in Belle Creek is 6%. We are seeing a marked increase in turnover rate over the past several months. It is also an increase over the July 2011's rate. This tells us that the number of people putting their home on the market and actually selling them is continuing to increase.
- Average Days on Market for all Belle Creek homes is 64. This number has dropped significantly over the past several months - from 111 Days on Market in May to 64 in July. Many of the homes that have been listed in Belle Creek this summer have gone under contract in less than 2 weeks!
- Average Days on Market for Cottage Style homes, under 1600 square feet, was 45 Days. This is another welcome drop over May's 73 Days on Market. Home owners with larger homes - 1900 square feet and up - have been entering the market, and have been selling in an average of 94 Days on Market, as compared to May's average of 164. After a slight lull in the market in late spring, Belle Creek Real Estate has seen a robust bounce back.
- Average Sold Price for all homes was $183,293. The average sold price per square foot for all homes was $105.
We are continuing to see Belle Creek's Real Estate market adjust upward. This is great news for home owners who are considering selling or those thinking of re-financing. If you had been thinking of a re-fi, but had been told by your mortgage lender that it wasn't a good time, you may want to call and re-visit the conversation.
People want to live in Belle Creek, but the inventory is still very low. If you have been waiting to make a move, now might be the perfect time. Call me at 720-341-5235 to discuss whether now is a good time for you to make a move.