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Parker Real Estate - Douglas County Real Estate (East) - Market Reports July 2007

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Real Estate Agent with Realty Oasis - Metro Brokers

Real Estate Market Reports for July 2007 - PARKER, ELIZABETH, FRANKTOWN, KIOWA

Douglas County & Elbert Colorado - STATISTICS FOR HOME SALES IN THE AREA - EAST DOUGLAS COUNTY

Wow!  There is still a lot of inventory out here.  New real estate listings are outpacing sold and under contracts, and the total active inventory is large.  Again, I hate to sound like I'm beating the same drum, however if your goal is to get to where you are going, in the time that you want to get there, then you better be pricing your home with these numbers in mind.  Serious sellers need to know that if you want to sell your home and move in a reasonable amount of time then listen to your agent and price your home to compete.  The market is what it is and if you really need to sell and move then please look at the numbers and do all that you can to maximize your value to this market.  That includes pricing.

This report includes all areas of the MLS known as DEP : Douglas County & Elbert County - Parker, Kiowa, Elizabeth, Franktown  - JULY 2007

Residential - Single Family Homes

ACTIVE LISTINGS

  • Total Active:  1324
  • Average Price:  $540,682
  • New Listings: 555

SOLD LISTINGS

  • Total Sold: 207
  • Average Price of Sold: $388,796
  • Sold at % of List Price: 97%
  • Average Days on Market (DOM): 87

OFF MARKET

  • Under Contract: 253
  • Expired: 75
  • Withdrawn/Other: 352

 

Residential  Condos/Town Homes

ACTIVE LISTINGS

  • Total Active:  188
  • Average Price:  $180,427
  • New Listings: 84

SOLD LISTINGS

  • Total Sold: 20
  • Average Price of Sold: $180,629
  • Sold at % of List Price: 99%
  • Average Days on Market (DOM): 152

OFF MARKET

  • Under Contract: 31
  • Expired: 14
  • Withdrawn/Other: 44

*Statistics from MLS deemed accurate but not guaranteed.

*These numbers may not include FSBO and New Construction.

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Steve Scheer, REALTOR®
Denver Realty Partners

385 Inverness Parkway #140
Englewood CO 80112
720-849-6101

If you would like more information on the Denver area or more information on Highlands Ranch homes for sale or any other of the south Denver suburbs, contact Steve at 720-849-6101or read his Denver Real Estate Blog.

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