Southern Hills Market Trend, Denver, 80210, Homes in Denver, CO
The current real estate market in the neighborhood of Southern Hills provides valuable insight on how content homeowners in the area are.
There are currently only two active listings in Southern Hills. The first is a ranch home built in 1955 with 3 bedrooms, 3 bathrooms, and a 2 car garage. This home has 2,354 square feet, has been on the market for 5 days and is listed at $565,000. The second home is a story and a half, was built in 1924, has 3 bedrooms, 4 bathrooms, and a 4 car garage. This home has 3,235 square feet, has been on the market for 64 days, and is listed at $575,000.
Five Southern Hills listings are presently under contract; 4 of these homes are ranch style, and one is a tri level. They range in size from 1,667-3,528 square feet, have 4-5 bedrooms, all have 3 bathrooms and were built in the late 1950’s-1960. These homes are listed at an average of $577,980 or $266 per square foot and have been on the market an average of 31 days.
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In the past three months 7 homes in Southern Hills have sold after an average of 78 days on the market. These homes have anywhere from 1,735 to 2,745 square feet, 3-6 bedrooms, 2-3 bathrooms and all have a 2 car garage. The homes sold for an average of $531,155 or $242 per square foot after initially being listed at an average of $548,057 or $250 per square foot. Only a few homes have been with drawn from the market in Southern Hills during the past 3 months.
Southern Hills’ current market indicates homeowners in the neighborhood are happy with their homes and neighborhood. The low home inventory shows there is little movement out of the area, and the short time the homes that are being sold are going off the market shows there is high demand to live in Southern Hills.
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