Parker CO Real Estate: March 2007 Market Report

Parker, CO Real Estate: March 2007 Market Report

How is the Parker, Colorado Real Estate Market Doing? 

Parker, CO Real Estate - According to Metrolist, which is the local MLS, these numbers represent March 2007 of single family residential properties in Parker, Colorado (Douglas County). 

March 2007 - Parker, CO
Active Listings - (Total) 860 
Active New Listings (listed in March) - 227
Under Contract  - 225
Newly Under Contract in March - 134

These numbers note the listings in the MLS, not new construction that is not in the MLS.

So what does this mean?  Activity is up.  Showings are up.  Yes, many other sources keep telling us how awful things are in Colorado Real Estate, and yes, there are some situations that are not great.  But all in all, things are looking up.  Looking at the numbers for March, you can see the surge of homes gone under contract compared to the new listings.  I do expect to see more new listings enter the market as we change seasons.  Inventory levels are at almost 4 months.  This would indicate an average market.  Based on the 1st week of April, I see this trend continuing and I look forward to providing another up-beat report next month!

If you are relocating or in the market to purchase or sell real estate in Parker or another area of the Denver area, please visit my website www.stevescheer.com for further information on my services. I would love to help you with your next move.

Other articles & my sites on the topics of Real Estate, Colorado, Douglas County and Parker:

Attention Denver Home Sellers: There are Buyer's in Colorado!

Douglas County Schools: Understanding the Track System

Do you really need a Buyer's Agent in Colorado

MLS statistics are from Metrolist and deemed accurate but not guaranteed.