Nov. 30, 2017

Parker CO Market Update - October 2017

  

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 October 2017 saw a ever so slight decrease in sales from last month, similar to the rest of the Denver metro area.  In October 2016, there were 156 home sales, so the sales compared to last year same month, which shows the market is improving.   Listing inventory took a dip, and don't plan on seeing the inventory to what we saw in the spring/summer.  Let's look at the sales data from the month of October 2017 for sales of detached single family homes that were recorded for the Town of Parker - 

 

Sold Information:                                                                  Previous month:

 Total Sales - 174                                                                               178

 Average Days on Market - 15                                                              20     

 Average Price -   $461,125                                                            $467,500                  

 Avg Price/Avg List - 99.57%                                                             99.25%  

Highest priced home sold for  $3,000,000                                        $2,250,000

 

 

Looking at the early summer buying season, we are looking at the 4th year in a row enjoying very brisk sales, some multiple offers and home values averaging from 8-10%.  Since end of July sales have slowed, which is seasonal for this time of year.

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

there are currently only only 11 listings with 16 days on market, which is a decrease from 18 from last month, ranging in price from $324,900 to $399,990.   These homes under $400,000 are remaining on the market longer right now, easing the stress for first time buyers. 


 
  **Photos courtesy of REColorado

 

 As of today you will find 204   active homes for sale in Parker (ranging from $324,900 to $3,200,000).   These homes were built from 1966 to 2018.   There are 199 currently under contract (ranging from $296,000 to $2,499,000) with an average of 25 days on market. 

   

Looking for a brand new home?    There are 55 homes for sale by a builder ranging from $424,245 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

  

  

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