REMAX Professionals- Southlands 23955 E Plaza Ave #101 Aurora, CO 80016
Troy Hansford Team RE/MAX PROFESSIONALS 303.617.0607
Real Estate Market Report | Spring • 2022
HansfordTeam@TroyHansford.com TroyHansford.com
For current market activity, community info, home tips, and more, go to: SaddleRock.com.
THE REAL ESTATE MARKET BY THE NUMBERS Understanding Real Estate Statistics Paying attention to local real estate statistics can help you determine the value of your home, how quickly it will sell, and understand overall trends in the market. Learning some of the commonly used terms, how they are calculated, and what they say about the market will help you make informed decisions to achieve your real estate goals.
HOME VALUES AND MARKET TRENDS
MARKET SPEED
Average Sold Price is the average (mean) sold
Average Days on Market (DOM) is calculated
price of all homes sold within a given boundary and timeframe. Not only can this value give you an idea of what your home would sell for, but fluctuations in this value can also give you an idea of the market’s direction.
by averaging the time-on-market for all sold homes within a specific boundary and timeframe. This value indicates the speed of the market. Fewer days equate to a faster market, which usually favors sellers.
MONITORING THE CURRENT OFFERINGS
SaddleRock.com
BUYER DEMAND AND VALUE DIRECTION
The Average Active List Price represents the average list price of all the homes currently on the market. Since this value is limited to what’s on the market, it can vary greatly if only a few homes are available. The Average Active List Price is often higher than the Average Sold Price since expensive homes tend to take longer to sell, pushing up the local average.
Sold Price to List Price Ratio (SP/LP) is calculated by dividing a home’s sold price by its list price. A value over 100% indicates homes are selling for above asking price. The Average SP/LP Ratio is calculated by averaging the SP/LP for all homes sold within a specific timeframe. This value can give you insight into buyer demand, the direction of home prices, and local agent expertise.
P resented
R eal E state
T roy H ansford T eam
Y our S addle R ock S outh S pecialists and N eighbors
DENVER BRONCOS SOLD ON RE/MAX PROFESSIONALS
Jonathan and Angela-Marie,
If you are thinking of selling and would like to learn more about the local statistics in your neighborhood and how these numbers affect the value of your home, call us today for a free consultation.
by
P repared E specially
J onathan
and
for
A ngela -M arie W illiams
Troy Hansford Team
No One in the World Sells More Real Estate than RE/MAX!
RE/MAX Professionals
303.617.0607 HansfordTeam@TroyHansford.com TroyHansford.com
Dear Jonathan and Angela-Marie,
Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by the Troy Hansford Team, your Saddle Rock South real estate specialists.
Search all available homes in the Denver area at TroyHansford.com
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CURRENT SADDLE ROCK SOUTH ACTIVITY
Active
Pending
Sold
Our marketing is representative of the time, effort, and money you have spent in obtaining and maintaining your home. If you are looking to sell, let us help you achieve exceptional results. Call us today at 303.617.0607.
Real Estate Market Report
Saddle Rock South Homes Currently Listed There are currently 8 homes for sale. For more information on available homes, call us today at 303.617.0607.
Saddle Rock South Homes Under Contract There are currently 3 homes under contract. For more information on available homes, call us today at 303.617.0607.
Saddle Rock South Homes Sold Recently
© 2022 Google
SOLD HOMES AT A GLANCE
14
Homes Recently Sold
$811,306 Average Sold Price
12
Average Days On Market (Solds)
This map is a visual representation of the data on the opposing page. The data and corresponding location pins are deemed to be accurate but not guaranteed. Some location pins may not be visible and/or updated with the latest location data.
Beds
Baths
Estimated Square Feet
List Price
Sold Price
Sold Date
S Tempe Court
4
3
1,642
$750,000
$765,000
05/02/22
S Versailles Street
2
2
1,688
$629,900
$620,000
04/26/22
Sold
S Perth Street
5
5
3,441
$1,200,000
$1,377,777
03/14/22
Sold
E Fremont Place
4
3
2,651
$715,000
$705,000
03/02/22
Sold
S Picadilly Street
5
6
4,071
$1,100,000
$1,115,000
02/15/22
Sold
S Malta Court
3
3
2,154
$625,000
$670,500
01/14/22
Sold
E Glasgow Place
4
4
3,005
$739,900
$735,000
01/07/22
Sold
E Briarwood Drive
6
6
3,223
$1,150,000
$1,050,000
12/17/21
Sold
E Glasgow Place
4
4
2,984
$685,000
$680,000
12/16/21
Sold
E Geddes Avenue
3
5
2,786
$750,000
$771,000
12/14/21
Sold
S Malaya Way
4
3
1,901
$658,900
$644,000
12/13/21
Sold
S Malta Court
4
3
2,960
$725,000
$720,000
11/10/21
Sold
E Geddes Avenue
3
3
2,398
$689,000
$695,000
11/09/21
Sold*
E Rowland Circle
4
4
1,898
$800,000
$810,000
11/05/21
Status
Street Name
Sold Sold
Troy Hansford Team, RE/MAX Professionals, and RE/MAX are not in any way affiliated with Saddle Rock South Home Owners Association, nor is this in any way an official advertisement or publication of Saddle Rock South. © 2022 The RE/MAX Collection. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REColorado between November 11th, 2021 and May 6th, 2022. Listings and sales may not be those of RE/MAX. The REColorado does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.