Troy-Hansford-Saddle Rock South - June 2022

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

Visit SaddleRock.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.