Horse Creek Real Estate Market Report 2011
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Horse Creek has another good normal year in home sales. My thoughts are that Horse Creek has substantially benefited from two major developments; one in the real estate market and one due to development around the neighborhood.
The two major factors helping Horse Creek.
- New home builders are not producing as many new homes as they once were. The result is that Parker, Colorado home buyers wanting a new or newer home must look to re-sale homes. Buyers wanting the latest and greatest can easily find that at a reasonable price in Horse Creek since the neighborhood and homes are all newer having been built withing the last 10 years.
- Access and convenience and location, location location we all know are key elements for a good neighborhood. Well the access to major roads and shopping to and from Horse Creek just doesn’t get much better. Mainstreet connects with I-25 now and Chambers Road easily connects up with Lincoln and E-470. In tow days on January 24, 2012 Hess Road will finally open with direct access from Horse Creek to I-25 and Castle Pines parkway. What more could you want. Multiple ways to enter and return from Denver and the DTC. And…don’t forget the light rail terminal at the Lincoln and I-25 exit.
Realtors and home buyers have long speculated that with the opening of the cut through roads to I-25 all of the neighborhoods around those roads would benefit and I believe we are staring to see that take place with Horse Creek.
Horse Creek had 41 homes sold in 2011 with an average days on market of 107 days. The average sales price is down to $304,223 or 7.52% from the highs one year ago. The average price per square foot is $123 and $117 per finished sqft. The highest sales price for 2011 in Horse Creek was $402,000 and the lowest sale was recorded at $196,572. Total sales volume ended up being $12,473,134.
Find out what your home is worth.
Contact Parker, CO Realtor Steven Beam 303-941-4663 for a showing today.
Here is a map of every home currently for sale in Horse Creek.
Hover over the map pins to see previews of the homes currently for sale in Horse Creek.