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Town of Parker CO - Market Update May 2020

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

You will find this quaint town Southeast of Denver proper, and about 20 miles or 30 minutes.  It is easy to catch the light rail at Lincoln, if you work downtown, or somewhere along the line.    There are about 64,000 residents in the Town of Parker, and Main street is a fun place to dine or enjoy the retail outlets.

 

 

If you are looking to buy a home in Parker, there is quite a variety of price points.   You can buy a condo or a multi-acre ranch outside the city limits, yet just a few minutes into town.  


The month of April was quite unusual with no "in-person" showings, buyers had to buy sight unseen, then schedule a showing within one to two days after acceptance of an offer.  The buyer could move forward or terminate with no penalty.   It was AMAZING to see that this did not impact April sales much!  May's sales were slower due to no showings in April.

 

Sales for May 2020

138 homes sold ranging from $299,000 to $2,025,723 (up from 153 sold last month, 217 sold May 2019)

Average days on market - 27 days (down from 29 last month and there were 30 days in May 2019)

Average sales price was $514,583  (last month was $530,000 and May 2019 was $515,000)

Sellers saw 100% to list price

These homes were built from 1975 to new builds (2020)

 

The highest sale was in Colorado Golf Club, and sold for $2,025,723.  This home is on 1.02 acres, is a custom home built in 2020, has 5 bedrooms, 7 bathrooms, and a 4-car garage.    The home has 5,167 total square feet and was on the market for no days.  (most likely was a dirt start)

  

Looking for a home in Parker CO?    Check out this link for the current active listings - 

HOMES FOR SALE IN PARKER CO

 

 

Are you looking for a home on acreage?  The best price I found today is a home in Deer Creek Farms on 1.6 acres listed for only $542,900!

  

Want to know what a home looks like for $12,900,000?    This home was built in 2001, has 11 bedrooms, 24 bathrooms, and a TWENTY-NINE car garage!   There are 45,212 total square feet including out-buildings on 35 acres. 

 

 

 

If you would like to know more about the Town of Parker, please give me a call.  720-231-6373 

 

Posted by

Joan Cox
Broker/Owner, REALTOR®
House to Home, Inc.

Serving the Denver Metro area including all suburbs


Helping Buyers and Sellers achieve their real estate dreams, one house at a time!

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Comments(12)

John Pusa
Glendale, CA

Joan Cox  very valuable detailed market report for the town of Parker, Colorado in May 2020.

Jun 23, 2020 08:09 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Parker Colorado seems to be doing quite well right now...

Happy Tuesday evening Joan Cox 

Jun 23, 2020 09:15 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Joan - this post serves as a good overview of the Parker Colorado real estate market in a time when change is definitely a part of the picture.  Even more so than typical.  Nice job with some interesting examples that provide insight for those looking to make a move and get a glimpse of life in Parker.  

Jun 24, 2020 04:29 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joan. Got the Parker area covered! Got your phone number. Enjoy your day!

Jun 24, 2020 05:16 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

John, the Town of Parker is a wonderful bedroom community with many family-owned businesses and restaurants.  

Jun 24, 2020 08:34 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, it did have a dip for May sales, which was expected, with no showings in April.

Jun 24, 2020 08:35 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, thank you, and hope it gives potential buyers and sellers a good idea of what the market did in May too.

Jun 24, 2020 08:35 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne, hope someone calls and has questions about Parker! 

Jun 24, 2020 08:36 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will certainly appreciate you local real estate reports.

Jun 24, 2020 10:05 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thank you so much Roy.

Jun 24, 2020 10:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Joan... I can't tell you how many times I've tried to post a comment here... kicked off each time. If you stop hearing from me in the Rain... don't take it personally... it's just that I really don't need to waste so much time on this platform or add to frustrations in my day. I think I'm just going to focus on posting on my website blog from now on and give up on this platform.

Jun 26, 2020 11:14 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, it was so frustrating, I wasn't getting on either.   Don't have time for this! 

Oct 18, 2020 10:36 AM