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Centennial - Piney Creek January to March 2008 single family home sales report

7 residential closings up 700% over the same period in 2007. Absorption Rate is ok at 9.0 months. Its not possible to determine any kind of trend since the first three months of 2007 only saw one sale. but it is very encouraging that the sales are off the roof during the same period in 08. Also checkout the average sales price. Jan - March 2007 Jan - March 2008 % Change # of sales closed 1 7 700% # of sales Closed - YTD 1 7 700% Avg Days on Market 229 136 -59% # of Active Listings - 21 - Absorption Rate (months) - 9.0 - Average $ per SqFt 105 148 141% Average Price (Sold) 406,800 622,314 153% Click here for active homes for sale in Piney Creek Absorption Rate Definition Disclaimer - the information and commentary provided in this Blog are opinions of Homes And People and should be used for informational purposes only. All sales data is from the MLS and the information is deemed reliable but not guaranteed.
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Homebuyers Gaining Bargaining Power as Inventory Increases

Home values saw their smallest monthly increase since May 2012, up just 0.2 percent in January from December according to the latest Zillow Real Estate Market Reports. Year-over-year, U.S. home values rose 6.3 percent in January, down from peak gains of 7.1 percent in August 2013. This slowdown is in part due to the rise in inventory of for-sale homes across the country. The number of homes listed for sale on Zillow was up 11.1 percent annually in January, the fifth straight month of rising year-over-year inventory. Homebuyers Gaining Bargaining Power as Inventor y Increases
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Spring housing: 'Strongest seller's market ever'

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Even as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat." Spring home buyers are pounding the pavement at a furious pace, but the pickings are getting ever slimmer. Even as more homes come on the market for this traditionally popular sales season, they're flying off fast, with bidding wars par for the course. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are firmly in the driver's seat. "I've been selling real estate for 14 years and this is the strongest seller's market I have ever seen in my entire real estate career. A lot of our sellers are optimistically pricing their homes in today's market, and I have to say in most cases we're getting the home sold anyway. Some of the listings are intentionally listed a litt...
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Large single family home sales report in Willow Creek jan 2006 to june 2008

Willow Creek in Centennial is a large subdivision of more than 1800 homes. The homes in willow creek vary widely form one area to another, and are subdivided into multiple HOA's. Determining the value of a home in WC is more of an art than a science, since the homes vary from, Townhomes, to Patio homes, to single family homes with an attached garage. In order to come up with a reasonable idea of what your home's value is, we organized our reports into four separate categories: Townhomes, Patio homes with a detached garage, Single family homes smaller than 2400 sq feet, and larger single family homes over 2400 (above ground) sq feet. This report is for homes larger than 2400 Square feet in Centennial, Willow Creek Date Avg sale price ($) Avg days on market Avg $/SqFeet Homes Sold Jan-Jun 2006 415K 46 162 8 Jul-Dec 2006 425K 68 166 19 Jan-Jun 2007 435K 54 162 8 Jul-Dec 2007 443K 100 168 13 Jan-Jun 2008 449K 136 167 6 Data is from the MLS and includes sold listings by all particip...
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Willow Creek Map

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Willow Creek in Centennial is composed of four separate subdivisions. I hope you find this map useful to determine the HOA you belong to or what subdivision you would like to move to. We are your Willow Creek Mortgage and Real Estate experts; Please contact us if you have any further questions.
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