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The Timbers Luxury Home Sales Report.
Mar 2nd 11
Luxury Homes in The Timbers
This report shows you what has sold and closed in The Timbers over the past 4 years. Only closed sales over $750,000.
Last week at the end of February one of my buyers offered on and reached an agreement for a $1.225 million listing over in Pradera. So yes I believe the luxury home market in Parker is slowly coming to life after a lag in 2009.
Steve’s definition of high-end = anyone buying or selling above $750,000.
After writing an article detailing home sale trends over the past 4 years in Stonegate, and Pradera Golf Club other Parker, Colorado communities, I decided to produce the same stats for The Timbers.
Here is a recent article about The Timbers.
Since the end of 2009 there is a new demand for high-end luxury homes all around the Denver Metro. Douglas County and The Timbers have also seen a slight rebound and more activity in the luxury home market. We are not back to the levels we were experiencing in 2007 & 2008 but the year end stats for 2010 was only 7 home sales short of our high in 2007.
Lenders are calling me all the time to make sure I understand that money is now available for high-end luxury home buyers where it was unavailable just 18 to 24 months ago.
What do you get when you list your home for sale with Steven Beam? See it here.
Here are the numbers for Home Sales in The Timbers that have a sold closing price ABOVE $750,000 since 2007.
Total Sales by Year: (2007 was a great year for The Timbers luxury home sales.)
2007 = 27
2008 = 21
2009 = 12
2010 = 19
Average Total Days on Market: (Less time on the market for 2010 may reflect less inventory and lower prices.)
2007 = 211
2008 =238
2009 = 223
2010 =206
Average NET Sold Price: (There were some really big sales in 2009. Some approaching $2 million.)
2007 = $1,086,326
2008 = $935,817
2009 = $1,174,156
2010 = $926,679
Remember I am only showing stats from homes that sold and closed at or above the $750,000 price point in The Timbers.
Total Volume of NET Sales By Year in The Timbers:
2007 = $29,330,805
2008 = $19,652,150
2009 = $14,089,875
2010 = $17,606,900
Average NET $ or Price per sqft Sold: (This is the sqft on the main level and upper level. It does not include the basement.)
2007 = $275
2008 = $261
2009 = $281
2010 = $235
Average Price per sqft Finished. (All finished sqft included.)
2007 = $221
2008 = $191
2009 = $217
2010 = $163
Pradera Golf Club 4 Years Of Home Sales Trends
Stonegate Neighborhood home sales for the past 4 years.
Be a Voyeur in Your Neighborhood
Luxury Custom Home Buyers Love The Timbers in Parker CO.
Mar 1st 11
Beautiful Custom home in The Timbers
At some point in our lives most of us consider or at least dream of owning or building a custom home. I know I have. In Parker Colorado we have the top selling custom home community in the entire Denver Metro area. The Timbers. The Timbers is located in the The Pinery which is a 27 hole golf community in South Parker Colorado. Usually once I bring a home buyer into the The Timbers the neighborhood sells it’s self.
See every home currently for sale in The Timbers
The Timbers Custom homes in Parker Colorado
Beautiful rolling hills, wildlife, views of the Denver, Colorado Front Range and a forest of Ponderosa Pines draw people from the typical suburbs to The Pinery and The Timbers. The Timbers is typically custom and semi-custom homes priced from the $600,000’s up. Most of the full custom homes are selling from the $700’s to $1.2 Million range with others well above the $2 million mark.
Yes there are still lots available for purchase so you can dirt start your dream home. With several great custom home builders to choose from you should be able to have your choice of design and builder. I know for a fact that there are still several very good view lots available too.
People always ask why move into The Timbers versus Pradera Golf Club. I can only say it’s personal preference. The Timbers does have direct views onto the mountains and Front Range and I believe many relocation buyers transferred in to our area really want to get the full Colorado experience and must have the big mountain views. Why not.
Custom Homes in Parker Colorado
The day I wrote this (March 2011) you still have the ability to join both the Pinery Golf Club and The Club at Pradera. Memberships are still available and most of my golf enthusiast clients do end up joining both clubs. Hey why not have access to the new clubhouses at both courses and the ability to play 45 holes of beautifully designed golf course. Count me in.
The Pinery & Timbers Homeowners Association is rock solid too. Expect to pay about $200 a year for HOA fees and yes I did mean per year not per month.
The taxes in The Timbers are also a blessing. The Timbers taxes are about %40 to 50% less than Pradera. Unfortunately Pradera is paying off bonds associated with the building of the neighborhood.
Basically with prices depressed from the real estate market downturn and interest rates down coupled with the fact that lenders are NOW lending money to high end luxury home buyers I would say that it is a super time to check out that luxury custom home you have been dreaming about.
I ran the numbers for The Pradera Golf Club and over the past 4 years prices on luxury homes over $750,000 are down $12.83% from their high in 2006/2007. I will soon post the figures for the 4 year sales stats for The Timbers but you will need to check back for that information or call me (Steven Beam 303-941-4663) for an email copy. I will post it soon.
If you are considering selling your home I would love the opportunity to earn your business. Here is a preview of a recent sale and a testimonial from a recent luxury home seller.
Luxury Home Sales Report in Parker & Franktown Colorado
Oct 10th 10
Parker Colorado Luxury Homes
This is a report for the Luxury Home Sales in Parker and Franktown Colorado.
The high-end luxury home sales in Parker and Franktown Colorado is moving ever so slow at the moment. The report below will show you luxury home sales fron January 2010 to October 2010.
High-end homes are defined here as any home that sold and closed at or above the $750,000 price point.
I did not include homes sold in Elizabeth and Castle Rock but I can post that report later.
- Total homes sold above $750,000 = 34
- Average total days on market = 214
- Average NET sold price = $994,619
- Highest sales price in Parker and Franktown Colorado = $2,200,000
- Currently there are 7 homes in the luxury market that are under contract.
- Currently in Parker and Franktown there are 119 homes for sale in the Luxury Market.
See All homes in Parker for Sale between $700,000 and $900,000.
See all homes in Parker Colorado for sale over $900,000
Video of a Pradera Custom Home for Sale by Steven Beam
Feb 8th 10
4981 Raintree Circle, Parker Colorado 80134
This home in the Pradera Golf Club in Parker Colorado is for sale with an asking price of $1,200,000. Watch the video and give me a call if you would like a private showing or if you would like Superior Marketing when selling your home. Steven Beam 303-941-4663 or EMAIL.
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