Infographic: December 2015 Market Update for Horseshoe Stroh

2015 12. Dec - Horseshoe Stroh Infographic

I hope everyone is enjoying the snow we have been getting. I love seeing all the kids on the little sledding hill in Horseshoe Ridge which makes me tolerate the snow a bit more. Everyones holiday decorations are phenomenal this year as well, and it is one of my family’s favorite things to do this time of year to drive around and see all the lights. The holiday season makes me remember and realize more and more what a wonderful community we live in. 

In the real estate world the month of November was a little slower than the previous month, which is a very normal thing to see this time of year. In our community as a whole we saw 9 homes sell in November compared to 15 in October, and last year in November there were 11 homes that sold. The gross volume for single family homes for November was $3,045,000 which is way up from last year where it was only $2,098,000. For the condos there was only one to sell in November for $130,000 compared to 5 last year during the month for $789,800.
In Horseshoe Ridge there was one home to sell in November and it sold for $423,000. There are currently four homes that are active on the market and 8 that are under contract. We should see some big volume months coming up for Horseshoe Ridge as all these homes begin to close. We will soon have some new neighbors to our north as the Century community of Salisbury Heights is open for business and selling away. They feature a dozen floor plans that will fit a lot of different buyers. It looks like it will be a great addition to our neighborhood and if you get a chance you should definitely go and check out the models as they are beautiful.
Stroh Ranch had 7 single family homes close last month for a total volume of $2,622,000 and an average price of $374,571. There are currently 3 active listings with one of them being a condo in Ironstone. There are 10 single family homes that are currently under contract and also 5 condos/town homes. Over the last few months the inventory in Stroh Ranch has been lower than most and for this market that is really saying something. The DR Horton community of Village on the Green is in closeout mode and the last I heard they only had four homes left available for sale. The one condo to sell this past month was a 1 bed/1 bath and it sold for $130,000.
I wish everyone the happiest of holidays and stay tuned as next month I will recap the year as a whole and take a look at how the rate hikes will affect the real estate market.

*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.

 

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