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Sellers in The Conservatory (Aurora CO) saw 108.8% to List Price for April 2022

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

The Neighborhood of  The Conservatory  can be found North of Hampden and between E-470 and Halifax is Aurora CO  80013.    It is very popular with newer homes and homeowners show pride in ownership.

  

Homes in The Conservatory have basements, some are finished, some have mountain views, and were built from 2002 to 2016.  There are ranch models along with two-story and multi-level homes ranging in square footage from 1,387 to almost 3,000 above ground, all with basements.  DR Horton/Continental was the original builder, but now Richmond, Standard Pacific, and Carpace have homes in this neighborhood also.  There are approximately 1,400 homes in this neighborhood.

 

  The Conservatory has been desirable to buyers with its several pocket parks, trails for hiking or walking the dog, it is a pool community, and easy access to C-470 and Denver International Airport or Buckley Air Force Base.   Grocery shopping and many dining options and plentiful retail therapy are within ten minutes.  Southlands Shopping Center is off C-470 and Smoky Hill Road offering not only shopping but a 16-screen movie theater, many dining options, a hotel, Farmers Market in the Summer along with outdoor concerts, and many service providers.

 

Search for homes for sale in The Conservatory here - 

 Active Homes for Sale in The Conservatory

 

What happened in April 2022?

3 homes sold priced from $615,000 to $700,000  (7 last month)

These homes were on the market for an average of 3 days  (last month was 7 days) 

The average sales price was $680,000  (last month was $718,000)

Sellers saw 108.8% to list price  (last month was 108.2%) 

 

At the time of this post, there are eleven active homes for sale, and have been on the market for 18 days.    10 pending with only 6 days on market, but most went pending in 1 or 2 days.   We are seeing more price reductions and homes returning to market over the last few weeks.

 

Here is what all of 2021 looked like - 

Total Sales - 112 sales (92 in previous year)

Average Days on Market - 7 days (17 in previous year)

Average Sold Price $565,500 ($455,500 in previous year)

Sellers saw 102.73% sales price to list price (100% in previous year)

 

 

 

  

 

 

Are we in a housing bubble?   Economists around Denver are saying all the factors say NO.  The unemployment rate has bounced around with COVID, but now the numbers are way down.   Supply and demand continue to remain strong and we are seeing an influx of new residents coming into Denver looking for housing.

  

 

 

If you are interested in homes for sale in The Conservatory or would like to discuss your options to sell, please give me a call.  I live and work in the Aurora area, and am an experienced REALTOR® in this strong Seller's market. 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(8)

Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

108.8 percent is simply crazy. I think a lot of buyers know rates will go up, and they will get caught if they do not move now.

May 12, 2022 04:14 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

That's some great information on the Conservatory Neighborhood Joan Cox.  Looks like a great place to live.

May 12, 2022 05:31 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, I think so too.

May 12, 2022 05:49 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks for stopping by Jim.

May 12, 2022 05:49 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

So, Joan... were you saying something about a slowdown in the Denver area housing market? :))))

May 13, 2022 04:48 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, Joan, for sharing your excellent local community reports.

May 13, 2022 05:13 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina Hollander, Broker it wasn't in every neighborhood, but did a couple other stats yesterday, and just wait, you will see a SLIGHT slowdown.

May 13, 2022 05:28 AM
Nina Hollander, Broker

I did some stats through May 10th the other day... but so far no slowdown... inventory still critically low. 

May 13, 2022 05:30 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Roy.

May 13, 2022 05:29 AM