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 are 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.
Search for homes for sale in The Conservatory here -
What happened in December 2020?
5 homes sold priced from $458,000 to $580,000
These homes were on the market for an average of 11 days
The average sales price was $520,000
Sellers saw 102.66% to list price
With extremely low-interest rates we are seeing renewed excitement from Buyers, and are snagging homes quickly.
Here is what all of 2020 looked like -
Total Sales - 92 sales (93 in previous year)
Average Days on Market - 17 days (28 in previous year)
Average Sold Price $455,500 ($439,900 in previous year)
Sellers saw 100% sales price to list price (98.52% in previous year)
Are we in a housing bubble? Economists around Denver are saying all the factors say NO. The unemployment rate has bounced around with COVID, but on the road to recovery/ Supply and demand continue to remain strong and we are seeing 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
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