Parker Homes for Sale - Market Update May 2017

 The Town of Parker is Southeast of Denver approximately 30 miles with a population just over 50,677.    The City of Parker is a quaint town that is commonly called a bedroom community.    It has the small town feel, yet has lots to offer.   You will find many locally owned businesses and restaurants.    

Buyers looking for Homes for Sale in Parker will find sales in May 2017 saw a dramatic increase in sales from April.   Early summer sales are in high gear!   In May 2016, sales were 178, with an increase in sales compared to last year.   Listing inventory took off early May giving buyers more inventory to view.   Let's look at the sales data from the month of May 2017 for sales of detached single family homes that were recorded for the Town of Parker - 

Sold Information:                                                                  Previous month:

 Total Sales - 198                                                                                  179

 Average Days on Market - 5                                                                 5       

 Average Price -   $475,000                                                            $455,000                  

 Avg Price/Avg List - 100%                                                                 100%  

Highest priced home sold for  $1,600,000                                   $2,575,000

Looking at the early summer buying season, we are looking at the 4th year in a row with brisk sales, some multiple offers and home values averaging from 8-10%.  

  Active listings in the price range of $400,000 and less - 

there are currently only 22 listings with 6 days on market, ranging in price from $284,900 to $399,900.  We are seeing active listings come on the market on Thursday or Friday, and accept showings (and offers) through Sunday evening, with responses on Monday.

                                     **Photos courtesy of REColorado

 As of today you will find 315 active homes for sale in Parker (ranging from $284,900 to $3,900,000).   These homes were built from 1966 to new builds.   There are 305 currently under contract (ranging from $275,000 to $3,695,000) with an average of 13 days on market. 

Looking for a brand new home?    There are 61 homes for sale by a builder ranging from $429,900 to $2,999,000 detached single family homes.    Here is the link for new construction for sale in Parker.     Here is a link to all builders, to see who is building in Parker, and what is available.  

If you would like more information on active listings within the Town of Parker, please give me a call or visit my web site and search for homes that may fit your criteria.    Having sold many homes in Parker over the years, please call with any questions.