The Conservatory Aurora CO - Market Update for July 2018

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

 

 

Wondering how the market is doing in The Conservatory?   Each month I do the statistics for this neighborhood to see how long homes are on the market, number of homes sold and how the home values are doing.  This is how you stay on top of a market shift.  Below you will find the update for this month and what is currently available.

  

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.  DR Horton/Continental was the original builder, but now Richmond, Standard Pacific and Carpace have homes in this neighborhood also.  There approximately 1,400 homes in this neighborhood.

 

You will find this neighborhood located North of Hampden between C-470 and Tower Road in South Aurora 80013.  The Conservatory has been desirable to buyers with its newer construction homes, several pocket parks, trails for hiking or walking the dog, being a pool community and easy access to C-470 and Denver International Airport.   Grocery shopping and many dining options and plentiful retail therapy is 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.

 

The Current Market

7 active listings priced between $429,000 and $559,000 

6 average days on market

You can find the current Active Homes for Sale in The Conservatory

 

18 homes currently are Under Contract ranging from $350,000 to $519,000

Average days on market are 11 days

 

The Conservatory market is still a Seller's market, and now are seeing many buyers out looking for homes, and not much inventory.

  

 

What happened in July 2018?

12 homes SOLD ranging from $365,000 to $527,000 

These homes were on the market for only 6 days 

Sellers saw 100% to list price  

 

We are seeing more inventory coming on the market, but still not enough for the amount of Buyers looking for a home.  In these price ranges, we are continually seeing multiple offers.

 

 

Here is what all of 2017 looked like - 

Total Sales - 104 sales (148 in previous year)

Average Days on Market - 9 days (10 in previous year)

Average Sold Price $402,500 ($375,000 in previous year)

Sellers saw 100% 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 is very good, and significantly lower than the national average.   Supply and demand continue to remain strong and we are see 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. 

 

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Real Estate Market Trends
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Colorado Arapahoe County Aurora
Tags:
homes for sale in the conservatory aurora co
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Rainmaker
2,190,577
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

No doubt in my mind, Joan, that any buyers I have for the Denver area, especially Aurora, I would absolutely refer to you! You are the area specialist. What a hot market, too.

No wonder you are doing so well, my friend!

Aug 10, 2018 03:45 PM #1
Ambassador
3,984,508
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Buyers must love this areas with such short days on the market. It sounds like a lovely community and area.

Aug 10, 2018 09:00 PM #2
Ambassador
3,155,452
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington - Tacoma, WA
South Puget Sound Washington Agent/Broker!

There you go getting fancy again with your Conservatory market update. Thank you Joan.

Aug 10, 2018 11:19 PM #3
Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Aug 11, 2018 03:15 AM #4
Rainmaker
3,313,834
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I don't care what they say, Joan, about the Denver market slowing down... when you look at these days on market, I don't see a slowdown!

Aug 11, 2018 04:53 AM #5
Rainmaker
4,798,120
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joan.  Thanks for keeping us informed about the real estate market in the Conservatory in Aurora CO.

Aug 11, 2018 05:06 AM #6
Rainmaker
1,419,681
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Joan, it sounds like you better move pretty quickly to buy a home in the Conservatory!

Aug 11, 2018 08:51 AM #7
Rainmaker
3,506,459
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan- - -your well-written and well-presented report is a very informative look at The Conservatory.  Very good report. 

Aug 11, 2018 11:32 AM #8
Rainmaker
5,616,874
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

The Conservatory home sellers will be in very good hands when they select you as their listing agent.

Aug 11, 2018 02:03 PM #9
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents wish that seller you referred would have moved.   It has been almost 3 years now.

Aug 11, 2018 04:57 PM #10
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debbie, thinking the sellers love the short days on market more.  LOL

Aug 11, 2018 04:58 PM #11
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, you are funny, but thank you for reading.

Aug 11, 2018 04:58 PM #12
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you Gita!

Aug 11, 2018 04:58 PM #13
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, it is still slowing a bit, not a whole lot, but it is noticeable.

Aug 11, 2018 04:58 PM #14
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, thanks for always being supportive.

Aug 11, 2018 04:59 PM #15
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, they are the more affordable, and newer homes.

Aug 11, 2018 04:59 PM #16
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you for taking the time to read it Michael! 

Aug 11, 2018 04:59 PM #17
Rainmaker
4,230,586
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, wish I had another listing coming soon in The Conservatory.

Aug 11, 2018 05:00 PM #18
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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