Market News - Aurora/Centennial - 80015/80016 - November 2013
Aurora/Centennial CO Home Sales 80015 & 80016 for the month of November showed seasonal slowing, but showing a Seller's market. These zip codes are highly sought after when buyers are looking for homes. You will find new construction and newer homes all within Cherry Creek School District.
Real estate in South Aurora/Centennial is still in a Seller's Market and even though showings are decreasing, homes are going under contract quickly. When homes go under contract under 4 months, it is a Seller's Market.
Let's look at the sales data from the month of November 2013 for these two zip codes ---
Sold Information for Zip Code 80015:
Total Sales - 62 decrease from 93 in October
Average Days on Market - 34 decrease from 35 days in October
Average Price - $259,427 decrease from $265,916 in October
Avg Price/Avg List - 98.97% increase from 96.85% in October
** all photos of homes for sale are courtesy of Metrolist
Sold Information for Zip Code 80016:
Total Sales - 43 decrease from 46 in October
Average Days on Market - 50 decrease from 58 days in October
Average Price - $424,226 decrease from $425,012 in October
Avg Price/Avg List - 96.43% increase from 98.26% in October
The distressed market (short sales & bank owned property) is very minimal.
As of today you will find 103 active listings within 80015 with 7 short sales and 5 bank owned properties. The are 112 currently under contract.
As of today you will find 140 active listings within 80016 with 6 short sales and 3 bank owned property available. There are 60 currently under contract.
If you would like more information on active listings within 80015 or 80016, please give me a call or visit my web site and search for homes that may fit your criteria.
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