Pradera Golf Club 4 Years of Home Sale Trends

Pradera Golf Club 4 Years of Home Sale Trends

Pradera Golf Club Custom Home

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


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