Beacon Point Aurora, CO 80016 - Market Update January 2017

Beacon Point Aurora, CO   80016 - Market Update  January 2017

You will find Beacon Point East of E-470 and North of Smoky Hill in Southeast Aurora, Arapahoe County.   Beacon Point has been a highly sought after neighborhood due to the executive homes and the location close to Aurora Reservoir and all within Cherry Creek School District.   Beacon Point is located in zip code 80016.   As of August 2016, there are 771 completed homes, with 875 expected once all construction is complete.

Here is what SOLD in January 2017

•  6 properties sold ranging from $445,950 to $574,950  (January 2016 had 5 sales)
• Average days on market - 32 days (January 2016 had 70 days) 
  
• Average Sold Price - $480,000   (January 2016 had $576,500)
  
• Sellers saw 100% to list price (January 2016 saw 99.13%)
  

I am seeing the current market a bit slower for resales in Beacon Point right now, due to the numbers of new homes being built in the area.

Here is what SOLD in all of 2016

• 66 properties sold   (2015 saw 70 properties sold)
  
• Average days on market - 28 days (2015 saw 55 days)
• Average Sold Price - $491,500 (2015 saw $494,850) 
• Sellers saw 99.28% to list price (2015 saw 98.68%)

Currently there are 6 active listings ranging from $419,950 to $725,000 showing 47 days on market.   Homes have 2,175 square feet to 3,953 square feet and were built from 2006 to 2016. 

Beacon Point homes for sale in Aurora CO

There is 6 under contract ranging in price from $423,480 to $710,000.      

 ** Photos courtesy of REColorado

This community is located with Cherry Creek Schools - Buffalo Trail and Pine Ridge Elementary, Fox Ridge Middle School and Cherokee Trail High School.    Only minutes to Aurora eservoir and Southlands Mall.    This is a popular community for those working at DIA, as it is an easy commute with E-470.   

The HOA is strong in Beacon Point, and currently the HOA fee is $140 per quarter.   These fees include the use of the clubhouse with fitness center, a community pool, common grounds maintenance and trash with recycling.     For more info from the HOA - here is the link to the Beacon Point HOA web site. 

Residents love Beacon Point for the outdoor activities available.  There are 8 miles of trails around the Aurora Reservoir for biking, hiking and walking the pup.    You also will find non-motorized boating, archery, SCUBA diving, picnics, and wildlife viewing.   There are over 800 acres of water surface and is Aurora's largest park and open space.    The Aurora Reservoir earned the title by Westword of "Best Park for Fishing" in 2012.    The seasonal swim beach will open 5/23 for sunbathing and swimming, boats are available for rental and check out the special fishing tournaments held at Aurora Reservoir.

Shopping and dining options are within minutes at Southlands Shopping Center located at Aurora Parkway and Smoky Hill Road.     You will find an array of retail outlets and restaurant options, 16 screen movie theater, and a Farmers Market that is open every Saturday through the summer from 8 am to 1 pm.    The Farmers Market weekly has 40 local vendors providing organic and pesticide-free produce, dairy products, baked goods, homemade salsa and more!

The Denver metro area market is a strong Seller's market, and a need for more listings.    I assist buyers and sellers in and around the Denver metro area with their real estate needs and guide them smoothly through this process.    Please visit my web site to view properties available in the Denver metro area, or how I can be effective in selling your home.