Many consumers believe that listing your home for sale during these cold winter months is a bad idea. In the past buyers may have wanted to wait whether that be because of the school year or not wanting to move in the cold. This simply isn’t the case in Colorado’s real estate market as we ring in the new year 2015. In previous years real estate sales have dropped tremendously as the temperature drops., however in this crazy market we are experiencing currently the buyers are out braving the weather and looking for their new homes in mass numbers.
As we brought 2014 to a close, December marked an astronomical $7,550 sale price OVER original asking price. The average home in Southeast Aurora for December 2014 was listed for $289,450 and sold for a whopping $297,000. The statistics for December 2013 show a much different story with sales price being over $20,000 under original asking price with average asking price of $270,750 and average sales price of $250,000. This also means that home values are up in Southeast Aurora an astonishing 8.3% since this time last year.
The time to sell is now. Many prospective home sellers have the old school mentality of shying away from listing their homes in the harsh Winter months. Buyers are out searching and inventories are at an extreme low right now. For those savvy enough to list before the spring, this means less competition! Active homes on the market have dropped by nearly 100 available since July of 2014 at 181 active listings in Southeast Aurora to a mere 85 active listings in December of 2014. That is a 46.9% inventory decrease.
Tatyana Sturm and The Storck Team have been honored to serve the Aurora, Centennial, and Parker communities as the top 1% of Denver Realtors and recipient of the 5280 5-Star Award since 2010. We provide professional photography, video, and staging to our sellers. Oursellers make an average of $5,000 more on their homes and go under contract in an average of 5 days. We price it right the first time! Call or text Tatyana Sturm with The Storck Team today for your FREE market analysis.