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Douglas County Luxury Home Sales Report
Oct 26th 11
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.
Pradera Golf Club 4 Years of Home Sale Trends
Jan 27th 11
Pradera Golf Club Custom Home
Notice the reflection of the clouds in this custom home perched high on the hill in Pradera Golf Club.
Average Sale Price Down 12.83% in Pradera from it’s high in 2008. See data below.
After writing an article detailing home sale trends over the past 4 years in Stonegate, another Parker, Colorado community, I was asked to produce the same stats for Pradera Golf Club.
Over the past 12 months I have witnessed a new found demand for high end luxury homes in Douglas County including the custom home communities of Pradera and The Timbers. We all noticed the demand slow down for about a 12 month period in late 2008 and early 2009 simply because banks would not lend money to high-end luxury home buyers.
Well the lenders are back and so is the pent up demand from custom home buyers. Currently a majority of the home sellers and buyers I’m working with are in what I consider to be the high-end market. Steve’s definition of high-end = anyone buying or selling above $750,000.
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 Pradera that have a sold closing price ABOVE $750,000 since 2007.
Total Sales by Year: (2008 was hot then the breaks were applied by the banks.)
2007 = 12
2008 = 19
2009 = 11
2010 = 9
Average Total Days on Market: (Like I said 2008 was HOT for custom home buyers)
2007 = 225
2008 =125
2009 = 216
2010 =207
Average NET Sold Price: (12.83% decrease in Value from high to low year.)
2007 = $1,085,417
2008 = $1,104,927
2009 = $975,631
2010 = $963,200
Remember I am only showing stats from homes that sold and closed at or above the $750,000 price point in Pradera Golf Club.
Total Volume of NET Sales By Year in Pradera Golf Club:
2007 = $13,025,000
2008 = $20,993,608
2009 = $10,731,943
2010 = $8,668,800
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 = $286
2008 = $314
2009 = $253
2010 = $276
Average Price per sqft Finished. (All finished sqft included.)
2007 = $224
2008 = $207
2009 = $172
2010 = $162
Parker Colorado has Four Blackeyes
Be a Voyeur in Your Neighborhood
Idyllwilde in Parker Colorado Real Estate Market Report
Jul 8th 10
This is the real estate & homes sold market report for Idyllwilde and Reata North in Parker Colorado. These are homes that sold and closed from January 1, 2010 to June 1, 2010.
This homes sold report does not inclde FSBOs so there could possibly be other sales.
Idyllwilde is a neighborhood in Parker Colorado that was developed and built by Village Homes. Twice winning the neighborhood of the year for the Denver Metro area. Amenities such as a great trails, parks and a massive pool and Clubhouse make Idyllwilde a definite MUST SEE for any Parker Colorado home buyer.
Home prices in Idyllwilde range from the MID $200’s to well over $500,000.
“It’s been a GREAT year so far for Idyllwilde. In all of 2009 there were 16 homes sold and closed. We are almost at 2009 levels for only six months in 2010 with 15 sold and closed homes in Idyllwilde.“
Market Report for Idyllwilde
- Total Homes sold in Idyllwilde from Jan 1, 2010 to June 1, 2010 = 15
- Average Total Days on Market = 104
- Average NET Sales Price = $346,643 (NET is after any seller concessions)
- Average Original Asking Price = $376,913 (asking price before any price reductions)
- Average Asking Price at Time of Sale = $347,591
- Average Price Per SQFT = $143
- Lowest NET Sales Price = $265,000
- Highest NET Sales Price = $514,500
- Highest Original Asking Price = $614,900
- NET Volume Sold = $5,199,650
Canterberry Crossing Real Estate Homes Sold Market Report
Idyllwilde Home Currently For Sale – VIDEO
Article about a new listing in Idyllwilde by Village Homes
Fun things to do in and around Parker Colorado
Pradera Golf Club Real Estate Market Report
Jun 8th 10
Custom Home for Sale in Parker Colorado
Pradera Real Estate in (Parker Colorado) Real Estate Market Report
January 1, 2010 to June 1, 2010
This is the homes SOLD report for Pradera Golf Course Community. All homes sold and closed should be shown here except for possibly FSBO’s and may a builder sale.
See every home for sale in Pradera Here.
- Total homes sold in Pradera Golf Club = 10
- Highest Priced home sold = $1,095,000 ( Steve Beam sold this one!)
- Lowest priced home sold = $439,900
- Average NET Sales Price = $627,745 (sale price minus any sales concessions from the seller)
- Average Original Asking Price = $688,857
- Average Asking Price at time of offer = $658,842
- Average Days on Market = 129
- Average Price per SQFT = $161
- Average Price Per SQFT FINISHED AREA = $127
- Total Sale Volume = $6,277,453
Video helps Sell Million Dollar Home in Pradera
2009 Yearend Sales Report for Pradera Golf Club
Stonegate Neighborhood Homes Sold Report
Stonegate Neighborhood Homes Sold Report 1st Half 2010
Jun 2nd 10
Quickly this is a report on all the homes that have sold and closed in Stonegate in Parker Colorado since January 1, 2010. This does not include homes sold as for sale by owner.
Ideally I would post this report every quarter but honestly with two small kids and a busy real estate career blogging all the neighborhood reports quarterly is sometimes a touch overwhelming.
Every Home for Sale in Stonegate Here NOW
See the full spreadsheet here for the homes sold in Stonegate.
- Total Homes Sold in Stonegate Jan 1 to May 25th, 2010 = 43
- Average Original Asking Price (before price reductions) = $317,503
- Average Listing Price at time of sale = $309,049
- Average Sold Price $303,111
- Average NET sold price (after seller contributions) $299,398
- Highest sold price $460,000
- Lowest Sold Price $163,000
- Sold Volume $13,033,760
We are all waiting to see the impact from the Home Buyer Tax Credit expiring. If the market continues to be this active Stonegate Home Sales should see another good year. The location and amenities of this neighborhood make it a highly desirable area to live. Check out the new pool area and the massive open spaces and playgrounds.
Video helps sell Million Dollar home in Pradera Golf Club
Apr 22nd 10
“I listed this home for sale at $1,200,000 in the Pradera Golf Course and sold it in 8 days with the power of video!”
When you NEED maximum exposure for your property and it’s time to sell call me and I’ll be happy to show you how we syndicate your home across the NET. Steven Beam uses the power of video to help get the job done.
Video accomplishes several things for a home sale.
- It will expose your hoe to literally thousands of byers looking on the web for homes. Video give buyers a much better depth perception of room sizes and dimensions than a photo or those outdated BUBBLE EYED virtual tours.
- It gets buyers into the house that may not normally have been able to find the home. Video is search able and can be found on the web. Don’t believe me? Google this address (4981 raintree circle) How many times is it on the first page of google? A LOT!
- Video keeps buyers out of the house too. If they don’t like what they see in the video they can cross it off their list and it keeps unwanted showings out of your home.
Steven Beam is a CRS, Realtor in Parker Colorado. 303-941-4663 – EMAIL STEVEN BEAM
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.
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.
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