Denver Metro is experiencing the lowest levels of inventory in history. We are having 20-30 bids on a home and offers going as much as $20,000 over listed price. I'll take one of the fastest growing areas south of Denver, Parker. Home average sales in Parker for the past 5 years as shown in the graph below.
The bidding wars are especially high in the price range from $200,000-$400,000. To preview upcoming posts we will review some of the new home builds in Parker, CO.
"Based on information from Metrolist®, Inc. DBA RECOLORADO® for the period Jan 2010 through May 2015 Note: This representation is based in whole or in part on content supplied by Metrolist®, Inc. Metrolist®, Inc. does not guarantee nor is it in any way responsible for its accuracy. Content maintained by Metrolist®, Inc. may not reflect all real estate activity in the market.
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