Neighborhood of Southshore Aurora CO - Market Update December 2019

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

 

 

Southshore in Aurora was the location for the 2007 Parade of Homes and features some custom homes backing to the Aurora Reservoir.   William Lyons (previously Village Homes), Capital Pacific, Pulte, and Century Communities have built homes in Southshore.   William Lyon Homes, Century and Richmond are now building new homes.  A few homes offer a primo location to watch the sunset over the Aurora Reservoir.    This neighborhood is located in zip 80016.   Currently, there are 530 homes built with 2,700 planned for the entire community.

 

Southshore in Aurora is located East of E-470, has a clubhouse with an exercise room, a party room complete with a kitchen, plus a theater and an outdoor pool.  The Aurora YMCA operates out of the Lakehouse, and check out the events.  Southshore is located within the Cherry Creek School district, minutes to Southlands shopping center with an array of retail options, a movie theater and many dining options with easy access to E-470 and Denver International Airport.   Starting in May every year, Southlands has a farmers market every Saturday.

 

There are two hospitals within 15-20 minutes - Parker Adventist (which is a Children's Hospital too) off E-470 and Parker Road, and Aurora Medical Center off Mississippi and Potomac in Aurora.

 

 

 

 

 

 

 

 

 

 

 

Wondering what is happening in the Southshore real estate market?

Southshore - current active listings

Active Listings - 10 ranging from $424,900 to $785,000 

These homes were built from 2007 to 2020

Average Days on Market are 90 days

7 homes are currently Under Contract ranging from $489,172 to $795,000 with 71 average days on market (half of these are new builds)

There is a lot going on in Southshore - lots of new homes to choose from!

  

Here are the current active Homes for Sale in Southshore

 

Let's look at what SOLD December 2019 - 

6 homes ranging from $440,500 to $582,500  (This is an decrease from 7 last month)

Average Days on Market were 79 days  

Average Sold Price - $474,277

Sellers saw 92.74% to list price  (this was a BIG change - dropped from 99% last month)

 

 

 

Here is what SOLD in Southshore for all of 2019 -

Total sales - 107 homes   (from 92 from previous year)

Average Days on Market were 64 days (same - 64 days from previous year)

Sellers saw 99.29% to list price (from 99.27% from previous year)

Average Sales Price was $529,900  (from $526,832 from previous year)

 

                                    Home for sale in Southshore - photo courtesy of REColorado

 

You will find lots of building going on in Southshore right now.   Homes built in Southshore have been built from 2006 to many new homes.   Homes have from 1,613 to over 7,000 finished square feet, some with finished basements (and some with walk-out basements).   You will find two stories and ranches with two, three and four-car garages.   You will find some Southshore properties with gorgeous views of the Aurora Reservoir.

 

School-age children will attend Cherry Creek School District, and here are the schools for this community - 

Pine Ridge Elementary

Fox Ridge Middle School

Cherokee Trail High School

 

Residents of Southshore enjoy many amenities, check out the video to see what all is available - 

  

 

If you would like more information on the Community of Southshore, please give me a call - Joan Cox - 720-231-6373.

 

 

 

 

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Topic:
Real Estate Market Trends
Location:
Colorado Arapahoe County Aurora
Tags:
homes for sale in southshore aurora co
neighborhood of southshore aurora co
luxury homes for sale in aurora 80016

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Rainmaker
1,848,129
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Living on a lake sound quite heavenly, Joan. Do you attribute the drop in LP/SP last month to the time of year, or is it a trend, do you think?

Jan 08, 2020 06:35 PM #1
Rainmaker
5,616,874
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Joan, for sharing your outstanding local community reports.

Jan 09, 2020 10:09 AM #2
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

Lottie Kendall it is a bit of both.   Our market shifted about 18 months ago, and there is a TON of new builds going on in Southshore right now.   December is generally our slowest month.

Jan 09, 2020 10:10 AM #3
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 so much Roy!

Jan 09, 2020 10:11 AM #4
Rainer
534,275
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 12, 2020 03:07 AM #5
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

Thanks Sally.

Jan 12, 2020 08:46 AM #6
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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