Parker Homes for Sale - Market Update July 2016
The Town of Parker is Southeast of Denver approximately 30 miles with a population just over 48,608 (2013). 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 2016 saw a slight bump in sales from June. Last year looking at detached family home sales only, there were 219 homes sold in July 2015, which shows sales increased from one year ago. Listing inventory shows a decrease over the previous month. Let's look at the sales data from the month of July 2016 for sales of detached single family homes that were recorded for the Town of Parker -
Sold Information: Previous month:
Total Sales - 242 232
Average Days on Market - 11 8
Average Price - $445,500 $438,500
Avg Price/Avg List - 100% 100%
Highest priced home sold for $1,260,569 $1,540,880
Looking at the summer buying season, we are seeing buyers out and writing on homes quickly and seeing inventory increasing slightly with multiple offers. The last month around the Denver metro area has seen a bit of softening in the market, which is normal this time of year. Families are taking their summer vacations and preparing the school age children to return to school.
Active listings in the price range of $400,000 and less -
there are currently 45 listings with 16 days on market. (This inventory has remained the same from last month of 45) Most 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 360 active homes for sale in Parker (ranging from $299,000 to $3,900,000). There are 337 currently under contract (ranging from $192,000 to $2,499,000.
The active listings has decreased from last month (378) and under contracts have decreased from 353 from last month.
Looking for a brand new home? There are 65 homes for sale by a builder ranging from $346,900 to $3,490,000 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.