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Infographic: September 2015 Market Update for The Creek

2015 9. Sept - Creekview infographic


Still chugging along  in The Creek. We had 9 sold homes vs 12 last month. There are currently 9 homes under contract and 1 active listing. The one active listing was listed a week ago, but price is on the high side for the market, which is why it is still active. I have no doubt it will sell sometime in the next few weeks.


Here are this months stats:


Southcreek had a total of 7 homes sold. 3 single family and 4 townhomes.  The single family homes average  sold price was $342,667 vs $345,000 last month. The average price per sq ft above grade was $158.95 vs $166.50 last month   The average days on the market was 6.6 which is up slightly higher than  4 from last month.  There are currently 3 single family homes under contract in Southcreek.


Southcreek townhomes average a sold price of $243,000 vs $247,214  last month. The average price per sq ft was $180.46 this month vs $174  last month and the average days on market was 5 this month.  There are currently 3 townhomes under contract in Southcreek.


Creekview had 2 sold homes sold this month both without basements.  The average sold price for no basements was $ 294,000 vs $300,000  last month.  The average price per sq ft was $185.84 vs $166.85  last month. The average days on the market was 3.5 this month vs 5 last month. There is currently 1 home under contract with a basement in Creekview.


There were no homes sold with basements in Creekview this month but there are 2 under contract homes with basements.  Next month we will have some numbers for basement homes.


Our market seems to be leveling off a bit.  Values across the board ticked slightly lower this month.  This very slight decrease in average prices might be an indicator that our market has found its happy place. Homes are still selling quickly and prices are still record high for The Creek.  Certainly nothing to complain about.  We may see a shift towards a bit more of a “normal” market in the coming months.  Houses might start to take weeks to sell instead of days.  This puts some sellers into a panic because we are so used to the fast paced market we saw this summer.  No need to worry, we are still in a sellers market.  Thinking about listing, now may be a perfect time.  Buyers still have great interest rates and sellers still reap the benefits of a thriving market.  What a great market it is!  Call your favorite Realtor today for a free market analysis if you are thinking about selling.


2015 9. Sept - Southcreek infographic

*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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