Town of Parker CO - Market Update December 2019

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.    Here is what happened in the market this past month.

 

Sales for December 2019

146 homes sold ranging from $335,000 to $3,200,000 (up from 141 sold last month)

Average days on market - 54 days (up from 45 last month)

Average sales price was $492,450

Sellers saw 99.08% to list price

These homes were built from 1963 to new builds (2019)

 

The highest sale was in Colorado Golf Club, and sold for $3,200,000.  This home is on 1.85 acres, is a custom new build, has 5 bedrooms, 7 bathrooms, and a 4-car garage.    The home has 6,411 total square feet and was on the market for a total of 139 days.

 

The last quarter sales in the Metro area as well as in Parker was a bit slower than past years, as we have seen days on market slowly creep up.    As we start the New Year, the homes priced below $500K are going like hotcakes!

 

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

HOMES FOR SALE IN PARKER CO

 

There are no short sales currently for sale, but ONE foreclosure in Spring Creek Ranch for $1,040,000, was built in 2006 on 3.17 acres.   This home has 5 bedrooms, 6 bathrooms and a 4-car garage with 7,587 total square feet.  

  

 

Are you looking for a home on acreage?  The best price I found today is a home in Deer Creek Farms on 1.7 acres listed for only $560,000!

  

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 

 

Comments (14)

Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

A beauful part of the Country! Thanks for the market update for December 2019. Lets hope all is positive for January 2020.

Jan 29, 2020 08:59 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Great views, amazing schools and nice developments. What is not to like about Parker?

Jan 29, 2020 09:11 AM
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

Hi Joan,

Good post. Parker sounds like a nice place to live. Your market sounds like it is doing well. 

Jan 29, 2020 10:37 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joan Cox - You have so many beautiful areas that you get to sell and the town of Parker is just one of them.  I looked at that $12,900,000 house. Gorgeous images. My question is...Does a GPS locator come with the home? I think it would take me a month to get oriented!

Jan 29, 2020 02:01 PM
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Great info about Town of Parker Joan Cox .  Thank you for sharing it with us.  

Jan 29, 2020 06:40 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for sharing your report.

One of the best assistants I ever had lives in Parker.

Jan 30, 2020 09:39 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Joseph, I am hoping for a great year, and lots of clients in my pipeline.

Jan 31, 2020 06:44 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

You are so right Jeff!

Jan 31, 2020 06:44 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Steve, Parker is always a popular town to buy a home, and is booming with new construction.

Jan 31, 2020 06:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sheri Sperry - MCNE® I could not imagine that large of a home either, but they sell, and unbelievably some very quickly, and all cash.

Jan 31, 2020 06:45 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Susie for stopping by and commenting.

Jan 31, 2020 06:46 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy Kelley sounds like your assistant made a good choice when moving to Parker, it is beautiful here.

Jan 31, 2020 06:46 AM
Roy Kelley

She tried to get us to move there as well.

Jan 31, 2020 07:20 AM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Jan 31, 2020 12:41 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Sally.

Feb 03, 2020 03:47 PM

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