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Horse Creek Neighborhood 2009 Yearend Real Estate Market Report
Mar 9th 10
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.
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.
Idyllwilde in Parker Colorado – Real Estate Market Report 2009 Yearend
Jan 30th 10
Idyllwilde 2009 Market report
Idyllwilde located in Parker Colorado had a tough time as a brand new neighborhood when the real estate market took a screeching halt a few years ago. In it’s first two years of existence it won the “Neighborhood of the Year” award and was the talk of the town. Now that the builder Village Homes has slowed down production of new homes it has finally allowed the re-sale homes to catch up and prosper.
“While 2009 was not the best of years for the real estate market we did see some really nice sales in the neighborhood.”
See every home currently for sale in Idyllwilde HERE.
Please make sure to see the FULL spreadsheet here of the sales and numbers. Coming Soon!
- FYI-Did you know that Parker Montessori Educational Institute now has a toddler class?
Numbers for Idyllwilde for 2009
- Number of homes sold = 8 for 2009 versus 18 for 2008
- Highest Priced Home Sold: $492,000 for 2009 versus $877,925 for 2008
- Lowest Priced home Sold: $311,800 for 2009 versus $289,600 for 2008
- Median Price Sold: $370,250
- Median Price List: $399,450
- Median Original List Price: $429,142 (this is before any price reductions)
Volume
- 2009 NET Volume Sold = $3,015,300
- 2008 NET Volume Sold = $7,829,255
Averages
- Average Days on Market = 221 for 2009 versus 249 for 2008
- Average Difference between Original Listing Price and NET Sales Price = 83.04%
- Average NET Sold Price = $376,913
- Average Price Per SQFT = $148
- Average Original Listing Price: = $453,892
If you want more call me 303-941-4663 or send me an email.
Stonegate Homes Sold for 2009 Market Report – Parker Colorado
Jan 26th 10
Stonegate Neighborhood-Parker Colorado
Stonegate neighborhood in Parker Colorado is without question one of the top two most popular places to live in the Parker area. In this report I will detail the homes sold in all of 2009 for Stonegate. The numbers and the full spread sheet are below.
See every home currently for sale in Stonegate HERE.
- The Stonegate South pool area gets a massive face lift and many great new additions like a new clubhouse and a new zero entry depth pool for the small kids.
Please make sure to see the FULL spreadsheet here of the sales and numbers.
Stonegate is special for many reasons but the location in Parker Colorado is probably the main reason families flock here. Located just south of E-470, East of I-25 and righ on Parker Road make it a great choice for any family looking for an easy commute to work with plenty of activities when they get home. Top rates Douglas County Schools and a great selection of private schools also help.
- FYI-Did you know that Parker Montessori Educational Institute now has a toddler class?
Numbers for Stonegate for 2009
- Number of homes sold = 118 for 2009 versus 172 for 2008
- Highest Priced Home Sold: $490,000 for 2009 versus $585,000 for 2008
- Lowest Priced home Sold: $184,400 for 2009 versus $170,000 for 2008
- Median Price Sold: $298,443
- Median Price List: $309,450
- Median Original List Price: $320,500 (this is before any price reductions)
Volume
- 2009 NET Volume Sold = $36,360,408
- 2008 NET Volume Sold = $53,141,205
Averages
- Average Days on Market = 80 for 2009 versus 81 for 2008
- Average Difference between Original Listing Price and NET Sales Price = 93.69%
- Average NET Sold Price = $309,139
- Average Price Per SQFT = $135
- Average Original Listing Price: = $328,892
If you want more call me 303-941-4663 or send me an email.
Newlin Meadows 2009 Year End Real Estate Report-Parker Colorado
Jan 11th 10
Peace in the Real Estate Market
Let there be PEACE in the real estate market! Another great year for Newlin Medows real estate.
Here it is. The 2009 real estate market report for Newlin Meadows in Parker Colorado.
Previous Market Reports for Newlin Meadows
Please make sure to see the FULL spreadsheet here of the sales and numbers.
Newlin Meadows is starting to grow wings. Being such a new neighborhood in Parker, Colorado it has taken a few years for resale homes to gain ground and finally start to show turnover. Year over year 2009 posted nearly double the sales compared to 2008.
Newlin Meadows is a very attractive neighborhood for it’s ideal location in Parker and the size and price of the homes. Easy access to all major highways and shopping centers are a serious draw. I receive more internet inquiries for Newlin Meadows, Horse Creek, Stonegate and Pradera than all other Parker neighborhoods combined.
See Every Home for Sale in Newlin Meadows Here!
Homes by price range in Parker
PREDICTIONS-Parker Colorado Top 10 List for 2010.
Numbers for Newlin Meadows for 2009
- Number of homes sold = 23 for 2009 versus 13 for 2008
- Highest Priced Home Sold: $540,000 for 2009 versus $509,950 for 2008
- Lowest Priced home Sold: $266,603
- Median Price Sold: $389,900
- Median Price List: $399,210
- Median Original List Price: $420,000 (this is before any price reductions)
Volume
- 2009 NET Volume Sold = $8,857,676
- 2008 NET Volume Sold = $5,397,662
Averages
- Average Days on Market = 152 for 2009 versus 80 for 2008
- Average Difference between Original Listing Price and NET Sales Price = 92.4%
- Average NET Sold Price = $385,116
- Average Price Per SQFT = $145
- Average Original Listing Price: = $416,773
If you want more call me 303-941-4663 or send me an email.
Pradera Golf Club 2009 Year End Real Estate Market Report
Jan 5th 10
Here it is. The 2009 real estate market report for The Pradera Golf Club.
Please make sure to see the FULL spreadsheet here of the sales and numbers.
If you consider the pre and post election depression the entire country was in last year and early in 2009 I think the Pradera real estate market did really well. Basically nothing much was selling just after the elections and it took a few months for everyone to cool down before they started re-entering the real estate market. That being said you should take note that while the main market which is homes under the $700,000 level sold really well while the homes priced $800,000 and up fared far worse than the year prior or any previous years. With only 6 homes selling in 2009 with a NET proceeds to the seller of over $900,000 it was a tough year for the higher end homes. However if you look at the sale dates you will quickly notice that there were three $1 Million + sales in the last 4 months of the year and two $900,000+ sales in May and June. We all know summer is busier but I’ve also always stated that Fall and early Winter are great times to sell.
See Every Home for Sale in Pradera Here!
Homes by price range in Parker
PREDICTIONS-Parker Colorado Top 10 List for 2010.
Numbers for Pradera for 2009
- Number of homes sold = 50 for 2009 versus 63 for 2008
- Highest Priced Home Sold: $1,300,000 for 2009 versus $1,767,000 for 2008
- Lowest Priced home Sold: $330,000
- Median Price Sold: $514,450
- Median Price List: $531,950
- Median Original List Price: $571,000 (this is before any price reductions)
- Number of Million Dollar Homes Sold: = 4 for 2009 versus 11 for 2008.
- Number of homes sold $900,000 to $1 Milllion: = 2 for 2009 versus zero for 2008
- Number of homes sold $700,000 to $900,000: = 5 for 2009 versus 8 for 2008
Volume
- 2009 NET Volume Sold = 29,840,553
- 2008 NET Volume Sold = $44,658,403
Averages
- Average Days on Market = 142 for 2009 versus 128 for 2008
- Average Difference between Original Listing Price and NET Sales Price = 84.7%
- Average NET Sold Price = $596,811
- Average Price Per SQFT = $156
- Average Original Listing Price: = $704,872
- Average Square Feet: = 3819 (not counting basement)
If you want more call me 303-941-4663 or send me an email.
Newlin Meadows is a Top Parker Neighborhood – Market Report
Nov 30th 09
Newlin Meadows
“Newlin Meadows is one of the most sought after neighborhoods in Parker Colorado.”
I know Newlin Meadows in Parker is one of the most looked at neighborhoods because I receive a lot of correspondence from potential buyers looking into this area. I believe the location of Newlin Meadows and the views from high above Parker are some of the main attractions as well as the reasonably price homes ranging from the LOW $300’s to LOW $500’s.
Here is the most recent market report for Newlin Meadows in Parker Colorado.
- Total Homes Sold So Far = 21
- Average Days on Market for 2009 = 141
- Average Square foot of Sold Properties = 2658
- Average NET Sales price = $387,843
- Average Concession Given to the buyer = $1,851
- Average Original Listing Price = $417,466
- Average Difference between asking and selling price = 92.9%
- Average Price Per Square Foot = $146
- Most Expensive Home Sold = $540,000
No listings matched your search. Please refine your search and try again.
Hidden River in Parker Colorado – Real Estate Report
Nov 29th 09
Hidden River and Sagewood are two neighborhoods in Parker Colorado. Real Estate in these two neighborhoods sell for an average price of $276,772 for the year of 2009. Below I will show you all the basic real estate stats for the subdivision for Hidden River and Sagewood from January 1, 2009 through November 2009.
- See Every Home Currently for Sale in Hidden River
- Total Sold and Closed 29
- Average Days on Market 72
- Median Total Days on Market 35
- Average Sales Price: $276,772
- Average Original Listing Price $294,590
- Average Listing Price When Sold: $280,452
- Average Sales Price: $276,772
- Total Volume Sold $8,026,395
Hidden River is located off Hilltop Road in Parker Colorado.
Stonegate Neighborhood Real Estate Market Report
Nov 21st 09
Stonegate in Parker Colorado has had a great year so far. The real estate market in Stonegate has had 91 total homes closed as of November 21, 2009. Below you will see the current stats for all the homes sold.
Stonegate gets a new community pool area!
Stonegate Real Estate Market Report Jan 1st to Nov 21st, 2009
- Total homes sold = 91
- Average NET Sales Price $309,774
- Average Square Feet 2292
- Average Price Per Square Feet $135
- Average Days on Market to Sell 85
- Average Original Listing Price (before price reductions) $328,958
- Average Seller Concession $2,391*
- Average % difference between Listing and Selling Price = 94.2%
*Seller concessions are credits to the buyer at closing for closing costs or other fees that come out of the seller’s proceeds.
NEWS-Real Estate Market Report for Douglas County-Parker Colorado Real Estate
Oct 30th 09
REAL ESTATE MARKET UPDATE
An Information Service of RE/MAX Alliance/Douglas County
October/2009
Real estate markets are always bottom-up markets. Which means? For a real estate market to sustain itself and flourish, the bottom of the market, that being the less expensive properties, must sell in a timely manner. When the bottom of the real estate market suffers, the entire market is negatively impacted.
The government’s $8,000 tax credit, which ends in late November/2009, unless there is an extension or change in the program, was designed to serve two purposes: (1) provide first-time home buyers an incentive to buy now, and (2) stimulate the housing market by getting entry level homes sold so current homeowners could “move-up” to more expensive properties. The result being that life would be breathed back into the overall housing market.
There were some hurdles to overcome to this seemingly perfect plan. First, with the economy limping along, home values had been driven down in most geographic areas around the country, resulting in a loss of homeowner equity. A home seller considering buying-up now had less cash in their current home to buy-up with. Second, almost overnight the home mortgage industry went from loaning money to anyone with a pulse to being over selective as to whom they would bless with their sacred funds. Finally, the uncertainty of the job market and the high unemployment rate has led to many potential move-up buyers deciding to rent rather than buy. This has resulted in the more expensive homes being forced under the boot of foreclosure or short sale, or they have become rental havens for those individuals choosing not to buy now or not having the ability to buy now.
Below is a brief overview of the absorption rates for single family homes for the Douglas County area through September for the past two years. The Absorption Rate is the length of time it would take for the existing inventory to sell assuming two things happen: (1) the rate of sales activity remains the same, and (2) no new listings come into the marketplace during that period of time (this is not going to happen). (Metrolist MLS is the source of information.)
“NEWS Articles of Interest for the Denver & Douglas County Real Estate Market”
Denver fares better than nation in home resale prices - According to a First American CoreLogic Inc. report released yesterday, Denver-area home resale prices dropped in August year over year, but were down far less than the national average. First American’s LoanPerformance Home Price Index (HPI) showed that metro Denver’s average home-resale price — including sales of distressed homes such as foreclosures and short sales — decreased 1.44% in August from the same month of 2008. Nationwide, resale prices dropped 10.1% in August from August 2008. By comparison, July home prices in the Denver area dropped 2.64% from those of July 2008, and June prices were down 3.21% year over year. However, when distressed sales are excluded, August home prices were down less than 1% — .58% — from the prior-year August. July prices, not including distressed sales, decreased 1.26% and June’s prices dropped 1.68% year over year.
http://denver.bizjournals.com/denver/stories/2009/10/26/daily51.html
Freddie Sees Weekly 30-Year Fixed Rate Pass 5% - The 30-year fixed-rate mortgage averaged 5.03% with an average 0.7 point for the week ending October 29, 2009, according to Freddie Mac’s Primary Mortgage Market Survey. Last week, it averaged 5.00%, and a year ago it was 6.46%. Sales have increased, prices are down and supply is starting to decline, according to Bankrate.com. Susan Wachter, a real estate professor at the University of Pennsylvania’s Wharton School of Business, said in the Bankrate.com survey the housing market is not at a false bottom. “These are strong numbers, but not surprisingly strong numbers,” Wachter said. “The fundamentals are in place for a recovery — however, a slow recovery.”
http://www.housingwire.com/2009/10/29/freddie-sees-weekly-30-year-fixed-rate-pass-5/
Additional articles that you may find of interest:
Building a home yourself without swinging a hammer
http://www.9news.com/money/consumer/article.aspx?storyid=125948&catid=103
Homebuyer Credit Gets New Life
http://www.realtor.org/RMODaily.nsf/pages/News2009102901
How to Tell Mortgage Rates Are Rising
http://www.realtor.org/RMODaily.nsf/pages/News2009102904
FHA 203(k) Loans on the Rise
http://www.realtor.org/RMODaily.nsf/pages/News2009102906
Investor Report: Fannie Mae’s PRP
http://realtytimes.com/rtpages/20091030_investorreport.htm
Lone Tree Colorado Real Estate Market Report
Oct 23rd 09
Lone Tree Colorado Luxury Real Estate
Homes sold in Lone Tree Colorado between January 2009 and October 19, 2009. Price range $500,000 and up. This is a luxury home market report for Lone Tree.
- Number of homes sold in Lone Tree over $500,000 = 54
- Average Sales Price above $500,000 sales = $836,401.
- Average Original Listing Price = $952,808.
- Highest Sales price in Lone Tree for 2009 = $2,494,100.
- Total Sales Volume for sales over $500,000 = $35,128,837.
- Average Price per square foot in Lone Tree over $500,000 sales = $197.00.
- Homes on average are selling for 94.69% of Original Asking Price. This means don’t list so high to start with.
Lone Tree is located ideally at the I-25 and Lincoln Avenue interchange.
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