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Douglas County Luxury Home Sales Report

Oct 26th 11

filed under: Real Estate Stats

Luxury home sales in Douglas County Colorado on the rise.

Luxury buyers want to know if it’s safe to jump in the market and buy properties over the $1 Million price point. The answer is easy. Yes, luxury homes over $1,000,000 are moving and yes there are fantastic deals out there.

Luxury Home in Douglas County Colorado

Earlier this year I was able to get an offer accepted for one of my high-end buyers that made us all excited. We negotiated $300,000 off the asking price. My buyer was thrilled.

Here are the numbers below to show you what I’m talking about. Douglas County luxury real estate prices have come down and there is plenty of really good inventory to look at.

This is a year over year comparison of Luxury Home Sales from the same time periods of January 1st to October 26th 2010 versus 2011.

Find Out What your Luxury Home is Worth Here.

Total above $1 Million sales in Douglas County for 2010 = 89 versus 2011 = 71 for the same time period.
Average Days on Market 2010 = 89 versus 2011 = 71
Average Original Listing Price 2010 = $1,851,523 versus 2011 = $1,757,626 ( -$93,897)
Average NET Sales Price 2010 = $1,480,895 versus 2011 = $1,451,912 ( -$28,983)
Difference between original asking price and final sales price 2010 = 79.98% versus 2011 = 82.61%
Average Price Per SQFT – 2010 = $344 versus 2011 = $324 ( $20 per sqft less)
Highest NET Sale s Price for Douglas County 2010 = $3.630,000 versus 2011 = $3,150,000

The lower number of sales may reflect the crazy stock market ride we have had this summer. I’m sure luxury home buyers in Douglas County Colorado were stalled from making decisions during the major market shifts of the summer.

The original asking price versus final sales price shows us sellers are slightly learning that their homes are not quite work what they are hoping for or at least buyers don’t view them as being worth what the sellers are asking.

The $20 per sqft drop is a pretty good indication that the market has softened even more. I think that’s a pretty good indicator of continued softening.

Steven Beam is a Realtor in Parker, Colorado.

Tags: douglas county colorado, luxury home sales, report, sold

posted by Steven Beam // Please leave a comment.

Douglas County Real Estate Market Update

Apr 13th 11

filed under: Real Estate Stats

Douglas County Market Report

2011 1st Quarter Real Estate Stats Douglas County Colorado

Here is a quick look at the numbers as seen in the full report linked to above. This is for the Douglas & Elbert Market areas.

Average Sold Price = $337,668 which is down 5.1% from 2010.

# Sold homes = 926 which is up by 6 sales from 2010.

Average days on Market = 135 which is 17% longer than 2010.

We have had a total of 8 homes that have sold above $1 million and 16 homes that sold between $800 and $900,000.

The most popular sales price is from $200,000 to $399,999 with 572 sales.

Since the end of January sales and showings are definitely up. I’ve noticed that showings on my listings have been through the roof. Some of my listings are getting as many as 10 showings a week.

Check this out. The average sales price for homes this year in the Parker zip code of 80134 is $309,200 and for zip code 80138 the average sales price is $351,692.

Foreclosure Hot Deals in Parker.
Steven Beam is a Realtor, CRS living and working in Parker Colorado.

Tags: Colorado, douglas county, info, real estate, report, stats

posted by Steven Beam // Please leave a comment.

Bradbury Ranch and Auburn Hills Homes Sold Report

Jun 3rd 10

filed under: Homes for Sale, Real Estate Answers, Real Estate Stats, Stonegate

This real estate market report for Bradbury Ranch is for January 1, 2010 to June 1, 2010. This repost shows all the homes sold and closed during that period.

Bradbury Ranch is another “favorite” Parker Colorado neighborhood. A few years ago Bradbury Ranch grew in size with the addition of Auburn Hills across Mainstreet. The new sections added several hundred homes to the neighborhood.

See all homes for sale in Bradbury Ranch HERE.

Being located in the heart of Parker Colorado at the intersection of Jordan Road and Mainstreet make this an obvious chioce for home buyers in the Parker CO area. The new Chambers Road extension also allows for super quick access to I-25. Bradbury Ranch has a beautiful pool area and extensive open spaces that home buyers also seek.

Top 10 List for Parker Colorado 2010. I’ve already blown a few!

See the Full Spreadsheet Here