Pradera Golf Club 4 Years of Home Sale Trends

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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