The Conservatory - Aurora, CO Market Update January 2019

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 prices ranging from $425,000 to $525,000 

42 average days on market

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

 

4 homes currently are Under Contract priced at $408,000 and $439,500

Average days on market are 73 days

 

Although we are seeing a slowdown since mid-summer, it is still a Seller's market.   When we see 180 days on market it will be a balanced market.

  

 

What happened in January 2019?

5 homes sold priced from $377,000 to $465,000

These homes were on the market for an average of 40 days

The average sales price was $460,000

Sellers saw 98.37% to list price 

 

 

Here is what all of 2018 looked like - 

Total Sales - 90 sales (104 in previous year)

Average Days on Market - 16 days (9 in previous year)

Average Sold Price $425,000 ($402,500 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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House to Home, Inc.

GRI, CRS, CNE, e-Pro, CLHMS  

 

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

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Rainmaker
1,419,131
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Hey Joan, with 42 days marketing time at least buyers might have a day or two to think!

Feb 05, 2019 07:08 AM #1
Rainmaker
1,681,419
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Best of luck!

Feb 05, 2019 07:11 AM #2
Rainmaker
4,798,020
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 Conservatory neighborhood of Aurora, CO.

Feb 05, 2019 07:20 AM #3
Rainmaker
3,503,298
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning,  Joan - compiling and analyzing real estate data for The Conservatory community keeps you up-to- date.  This is a great benefit to your buyers and sellers.

Feb 05, 2019 07:34 AM #4
Rainmaker
1,198,727
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning 

Thank you for sharing your information Joan Cox 

Have a great day.

February 5, 2019. 

Feb 05, 2019 08:24 AM #5
Rainmaker
833,366
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

This sounds like a great community, well priced and close to all the things you need, love your graphic showing that by the way.

Feb 05, 2019 08:48 AM #6
Rainmaker
5,611,309
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local community reports.

Feb 05, 2019 09:49 AM #7
Rainmaker
4,228,037
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeffrey DiMuria 321.223.6253 Waves Realty it is giving the buyers a bit of time to think about a purchase rather than a knee jerk reaction!   

Feb 05, 2019 10:21 AM #8
Rainmaker
4,228,037
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 so much Jeremy! 

Feb 05, 2019 10:22 AM #9
Rainmaker
4,228,037
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 Gabe for your continued support.

Feb 05, 2019 10:22 AM #10
Rainmaker
4,228,037
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, it is a benefit to both potential buyers and me, and love seeing how each of the neighborhoods are doing each month.

Feb 05, 2019 10:23 AM #11
Rainmaker
4,228,037
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 Anthony!

Feb 05, 2019 10:23 AM #12
Rainmaker
4,228,037
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nick, have added, and removed a few things over the years with these monthly market reports - thank you for your kind words! 

Feb 05, 2019 10:23 AM #13
Rainmaker
4,228,037
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 so much Roy! 

Feb 05, 2019 10:24 AM #14
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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