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August 2008 real estate market report for Parker Colorado.

By
Real Estate Agent with RE/MAX Alliance - Parker Colorado Real Estate.

Here is our local real estate home sales market report for Douglas County Colorado. Residential Home sale are reported based on data collected from Metrolist, Inc. Metrolist does not guarantee their information.

Please notice the Apsorption rates for different areas. This will tell you how many months of inventory we currently have listed for sale in Douglas County.

Steven Beam is a local Parker, Colorado real estate broker that serves the communities discussed below. If you would like more detailed information about a specific area, neighborhood or your particular home please contact Steven Beam directly. EMAIL or call 303-941-4663.

What is your home worth? Contact Steve Beam Search Homes for Sale


Douglas County Highlands Ranch and Lone Tree Colorado.

Including Highlands Ranch and Lone Tree Colorado.

August 2007 August 2008 % Change
# Sales Closed - Month 258 173 -32.9%
# Sales Closed - YTD 1,661 1,310 -21.1%
Average Days on Market 60 67 11.7%
# of Active Listings 720 636 -11.7%
# of New Listings 472 362 -23.3%
Absorption Rate in Months 2.5 3.8 51.2%
Average SOLD Price $379,599 $394,887 4.0%


Douglas County West homes sold statistics for August 2008

Including Castle Rock, Larkspur, Sedalia, Plamer Lake and some of Littleton.

August 2007 August 2008 % Change
# Sales Closed - Month 205 136 -33.7%
# Sales Closed - YTD 1,354 1,100 -18.8%
Average Days on Market 118 143 21.2%
# of Active Listings 1,451 1,545 6.5%
# of New Listings 542 508 -6.3%
Absorption Rate (in months) 7.4 11.6 56.9%
Average SOLD Price $456,017 $431,827 -5.3%


Douglas and Elbert Counties Sales Statistics for August 2008

Including residential homes sales for Parker, Elizabeth, Franktown, Elbert, Deer Trail and Silma.

August 2007 August 2008 % Change
# of Sales Closed - Month 225 187 -16.9%
# of Sales Closed - YTD 1,570 1,262 -19.6%
Average days on Market 115 108 -6.1%
# of Active Listings 1,342 1,285 -4.2%
# of New Listings 581 415 -28.3%
Absorption Rate (in Months) 5.9 7.3 23.3%
Average Sold Price $393,963 $344,397 -12.6%

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Parker Colorado Real Estate & Homes For Sale


   

                       

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Steven Beam

REALTOR, GRI, CRS

18551 East Mainstreet, Suite 2-A, Parker CO 80134

Direct 303-941-4663 - Fax 720-302-2900

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