Neighborhood of The Conservatory Aurora CO - Market Update July 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, the 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 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.

 

The Current Market

13 active listings prices ranging from $415,000 to $543,500 

35 average days on market

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

 

9 homes currently are Under Contract priced from $399,999 to $525,000

Average days on market are 31 days

 

Looking back to last year in July, there were only 12 sales, 7 active listings and 18 under contract.   You can see a small shift in the market is showing in this neighborhood.

  

 What happened in July 2019?

6 homes sold priced from $410,000 to $554,000

These homes were on the market for an average of 15 days

The average sales price was $4601,000

Sellers saw 98.48% 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.House to Home

GRI, CRS, CNE, e-Pro  

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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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Joan Cox  wonderful market report as always I enjoy reading your report and I am sure anyone looking to buy or sell in your area will call you the areas local expert 

Aug 07, 2019 10:24 AM #1
Rainmaker
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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 Hannah, you know I love doing these reports.

Aug 07, 2019 03:07 PM #2
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Aug 08, 2019 12:08 PM #3
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks so much Roy! 

Aug 08, 2019 01:55 PM #4
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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