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Horse Creek Real Estate Market Report 2011

Jan 24th 12

filed under: Horse Creek

Map of Horse Creek Neighborhood

Map of Horse Creek Neighborhood

We show and list homes for sale in Horse Creek 7 days a week. Call 303-941-4663 for a showing or to sell your home today.

Horse Creek has another good normal year in home sales. My thoughts are that Horse Creek has substantially benefited from two major developments; one in the real estate market and one due to development around the neighborhood.

The two major factors helping Horse Creek.

  1. New home builders are not producing as many new homes as they once were. The result is that Parker, Colorado home buyers wanting a new or newer home must look to re-sale homes. Buyers wanting the latest and greatest can easily find that at a reasonable price in Horse Creek since the neighborhood and homes are all newer having been built withing the last 10 years.
  2. Access and convenience and location, location location we all know are key elements for a good neighborhood. Well the access to major roads and shopping to and from Horse Creek just doesn’t get much better. Mainstreet connects with I-25 now and Chambers Road easily connects up with Lincoln and  E-470. In tow days on January 24, 2012 Hess Road will finally open with direct access from Horse Creek to I-25 and Castle Pines parkway. What more could you want. Multiple ways to enter and return from Denver and the DTC.  And…don’t forget the light rail terminal at the Lincoln and I-25 exit.

Realtors and home buyers have long speculated that with the opening of the cut through roads to I-25 all of the neighborhoods around those roads would benefit and I believe we are staring to see that take place with Horse Creek.

Horse Creek had 41 homes sold in 2011 with an average days on market of 107 days. The average sales price is down to $304,223 or 7.52% from the highs one year ago. The average price per square foot is $123 and $117 per finished sqft. The highest sales price for 2011 in Horse Creek was $402,000 and the lowest sale was recorded at $196,572.  Total sales volume ended up being $12,473,134.

Find out what your home is worth.

Contact Parker, CO Realtor Steven Beam 303-941-4663 for a showing today.

Here is a map of every home currently for sale in Horse Creek.

Hover over the map pins to see previews of the homes currently for sale in Horse Creek.

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posted by Steven Beam // Please leave a comment.

Horse Creek Neighborhood 2009 Yearend Real Estate Market Report

Mar 9th 10

filed under: Horse Creek, Real Estate Stats

Here it is. The 2009 real estate market report for the Horse Creek subdivision in Parker Colorado. This report shows all the homes sold for 2009 in Horse Creek.

Special thanks to Dan K.  for requesting this report as I have been slow to get them all completed. Please don’t hesitate to request specific information or stats. I love putting them together.

Please make sure to see the FULL spreadsheet here of the 2009 sales and numbers. Here is the spreadsheet for 2008 homes sold in Horse Creek in Parker , Colorado.

Two very different years for Horse Creek. 2009 versus 2008 the total sales numbers are far below what was sold in 2008 and to be honest 2008 for me was no where near as good as 2009. I know the election and the havoc caused by that and the massive stock market drop had a lot to do with the 2009 slow down. No worries. Douglas County is strong, wealthy and highly educated. They cannot keep us down for long and I can already see a massive influx of new relocation buyers and sellers for the Douglas County real estate market in 2010. So hang on and get ready for a wild ride. I see a great year in the making.

Parker is about to see another round of foreclosures and yes most will be in the lower price ranges but I am also seeing quite a few on the upper end as well. I guess all the people that held out over the last two years have run out of cash or the energy to keep up the payments.

See Every Home for Sale in Horse Creek Here!

Homes by price range in Parker

PREDICTIONS-Parker Colorado Top 10 List for 2010.

More on Horse Creek

Numbers for Horse Creek for 2009

  • Number of homes sold = 27 for 2009 versus 51 for 2008
  • Highest Priced Home Sold: $450,000 for 2009 versus $435,000 for 2008
  • Lowest Priced home Sold: $208,550
  • Median Price Sold: $364,000
  • Median Price List: $390,000
  • Median Original List Price: $389,900 (this is before any price reductions) Yes I see that it is lower than the Median Original List Price above. I’m using the numbers as I see them I cannot explain this other than someone must have raised their asking price at some point.

Volume

  • 2009 NET Volume Sold = $9,218,713
  • 2008 NET Volume Sold = $17,052,205

Averages

  • Average Days on Market = 98 for 2009 versus 80 for 2008
  • Average Difference between Original Listing Price and NET Sales Price = 92.20%
  • Average NET Sold Price = $341,434
  • Average Price Per SQFT = $133
  • Average Original Listing Price: = $370,304
  • Average Square Feet: = 2603 (not counting basement)
  • Average Concession = $5,499 This is an amount given to the buyer from the seller for closing costs usually. It is subtracted from the selling price to get the NET selling price.

If you want more call me 303-941-4663 or send me an email. Steven Beam is  Parker, Colorado Realtor living and working in this area.

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posted by Steven Beam // 1 Comment »