Parker CO Market Update - July 2017

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

 

Town of Parker - Parker real estate

 

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 July 2017 saw a dip in sales from June.   This is normal, as school age children returned to school, and some families went on vacation.      In July 2016, saw 242 home sales, so the sales compared to last year same month was lacking.   Listing inventory took a dip also, but expect the inventory to increase right after Labor Day Holiday.   Let's look at the sales data from the month of July 2017 for sales of detached single family homes that were recorded for the Town of Parker - 

 

Sold Information:                                                                  Previous month:

 Total Sales - 193                                                                                  235

 Average Days on Market - 11                                                                 8       

 Average Price -   $486,500                                                            $480,000                  

 Avg Price/Avg List - 100%                                                                 100%  

Highest priced home sold for  $3,500,000                                   $1,986,000

 

 

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 15 listings with 15 days on market, ranging in price from $319,000 to $400,000.  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 308   active homes for sale in Parker (ranging from $319,000 to $3,900,000).   These homes were built from 1966 to 2018.   There are 266 currently under contract (ranging from $197,000 to $3,650,000) with an average of 19 days on market. 

   

Looking for a brand new home?    There are 54 homes for sale by a builder ranging from $450,000 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. 

 

Map of Parker CO

 

 Originally posted - www.JoanCox.com 

 

 

Comments (6)

Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Wow, looks like you've got some beautiful places in Parker, that's quite a range in prices!

Sep 01, 2017 06:06 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Sep 02, 2017 02:41 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Joan - this is a very good overview of the Parker Co real estate market.  The sale-to-list-price percentage is certainly a key indicator on the competition that prospective buyers should understand.  

Sep 02, 2017 06:12 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lynda, lots of choices in Parker and price points!  

Sep 05, 2017 06:30 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gita, love doing these market reports, and gives me the updates I need to share with clients.

Sep 05, 2017 06:30 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, and sometimes difficult to get through to buyers, especially from out of the area.

Sep 05, 2017 06:31 AM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?