Indian Peaks August 2016 Real Estate Update
The Indian Peaks community has had a total of 26 properties move through the real estate process in August. That is holding steady since June and July. The number was a bit higher in May, which is one of the busiest times in the market so should be expected.
Of those 26 of the properties for sale 11 of them are under contract, constituting over 40% of the market. Then there are 30% that were sold (or 8 units). That leaves just 27% of the market available for purchase, which is consistent since June. May the active number of homes was only 24%, which was the tightest market for inventory throughout the community.
Of the 12 properties sold this month there were two townhouses and the rest were single family properties. This month there has been quite an influx of million dollar properties in the market. There were 6 listings over $985,000. One of these is sold and one under contract. The rest are active on the market for sale at a price of $164-$224 per square foot.
There are 17 other single family homes that have moved through the real estate process, with some sitting on the market for as much as 104 days, or being withdrawn. This is an indication that the price of the home does matter to the buyer who is interested in paying market value or possibly just above. The percentage of list to sale this month is at 101% further indicating that when a home is priced at market value considering the condition and features of the property, that it sells for full market price or possibly slightly above.
Leanne Goff
August 2016 HOMES SOLD Single Family Homes | |||||||||
Type | Price | SqFt | Address | $ per SqFt | % SALES to LIST | Days On Market | Days Till Contract | Beds Bath | Community |
RES | $687,000 | 5052 | 2677 Trailridge Dr | $136 | 99% | 72 | 24 | 5/4 | Forest Park |
RES | $720,000 | 4866 | 2689 Trailridge Dr W | $148 | 101% | 31 | 9 | 4/5 | Forest Park |
RES | $670,000 | 3006 | 2848 Shadow Lake Rd | $223 | 97% | 40 | 40 | 3/4 | Indian Peaks |
RES | $705,000 | 3843 | 781 Snowbird Ln | $183 | 97% | 19 | 19 | 3/3 | Indian Peaks Eagles Nest |
RES | $750,000 | 4037 | 2163 Night Sky Ln | $186 | 101% | 4 | 3 | 4/4 | Indian Peaks Eagles Nest |
RES | $643,400 | 4010 | 2347 High Lonesome Trl | $160 | 99% | 65 | 8 | 4/3 | Indian Peaks Waneka |
RES | $1,450,000 | 5344 | 2816 Shoshone Trl | $271 | 100% | 48 | 1 | 5/6 | Indian Peaks West Custom |
AVERAGE | $803,629 | $187 | 99% | 40 | 15 |
Attached Home Sales (Townhomes) | |||||||||
Type | Price | SqFt | Address | $ per SqFt | % SALES to LIST | Days On Market | Days Till Contract | Beds Bath | Community |
ATD | $370,000 | 1582 | 120 Gold Hill Dr | $234 | 103% | 35 | 5 | 3/3 | Indian Peaks Waneka |
ATD | $407,000 | 1680 | 2480 Concord Cir | $242 | 102% | 40 | 6 | 2/4 | Indian Peaks East Lexington |
AVERAGE | $388,500 | $238 | 102% | 38 | 6 |
Now Under Contract | |||||
Type | Price | SqFt | Address | Beds/ Bath | Community |
ATD | $395,900 | 1830 | 246 Rendezvous Dr | 3/4 | Indian Peaks |
ATD | $405,500 | 2424 | 656 Beauprez Ave | 3/3 | Indian Peaks East |
ATD | $395,000 | 2016 | 2404 Concord Cir | 4/4 | Indian Peaks East |
ATD | $406,000 | 2016 | 380 Fern Lake Ct | 2/2 | Indian Peaks West |
RES | $649,700 | 4010 | 2347 High Lonesome Trl | 4/3 | Indian Peaks Waneka |
RES | $675,000 | 3960 | 186 Salina St | 5/4 | Indian Peaks Waneka Landing |
RES | $1,400,000 | 5353 | 2854 Shoshone Trl | 5/5 | Indian Peaks West Custom |
RES | $985,000 | 4453 | 797 Snowbird Ln | 5/5 | Indian Peaks Eagles Nest |
RES | $505,000 | 2209 | 2540 Lexington St | 3/3 | Indian Peaks East Lexington |
RES | $589,000 | 2938 | 2508 Lexington St | 4/4 | Indian Peaks East Lexington |
RES | $615,000 | 3332 | 2450 Lexington St | 3/6 | Indian Peaks East Lexington |
RES | $679,500 | 4991 | 2423 High Lonesome Trl | 5/4 | Indian Peaks Waneka |
RES | $499,000 | 2168 | 345 Lodgewood Pt | 3/3 | Indian Peaks |
RES | $649,000 | 3250 | 352 Caribou Pass Cir | 44 | Indian Peaks West |
Now Active | |||||
Type | Price | SqFt | Address | Beds/ Bath | Community |
RES | $735,000 | 3877 | 1356 Northpark Dr | 5/4 | Indian Peaks |
RES | $1,299,000 | 7904 | 2412 Bitterroot Cir | 3/4 | Indian Peaks East |
RES | $1,649,500 | 7560 | 2389 Indian Peaks Trl | 6/8 | Indian Peaks East |
RES | $675,000 | 4240 | 2319 High Lonesome Trl | 6/4 | Indian Peaks Waneka |
RES | $557,500 | 2774 | 2946 Shoshone Trl | 4/4 | Indian Peaks West |
RES | $562,900 | 2714 | 487 Blue Lake Trl | 4/3 | Indian Peaks West |
RES | $1,100,000 | 5707 | 2830 Shoshone Trl | 6/5 | Indian Peaks West Custom |
RES | $1,400,000 | 5353 | 2854 Shoshone Trl | 5/5 | Indian Peaks West Custom |