The Timbers Neighborhood Average Sale Price Jumps in 2014

The average sale price in The Timbers neighborhood is now $874,867 up 7.34% in 2014.

In 2014 there were 52 homes sold with an average sales price of $874,867 and the average total price per square foot in The Timbers jumped 1.82% to $143.64. The average days on market in The Timbers was 132 days which is more but I’m confident it was because the number of homes on the market allowed custom home buyers more choices.

“There were definitely deals to be had in The Timbers if you knew where to look. Several of my buyers enjoyed knowing they were buying under market value in such a popular neighborhood.”

If you don’t already know here are some details about The Timbers. The Timbers is a full custom home neighborhood in Douglas County Colorado in the Town of Parker, Colorado. The lot sizes range from about 1/3 of an acre to a 1/2 acre with some lots as large as an acre. The neighborhood is situated on the east ridge of Parker which allows for big views of the Colorado Front Range and Rocky Mountains. Most of the neighborhood is heavily treed with Ponderosa Pines hence the name of The Timbers. It’s a very unique neighborhood with which is always in high demand for custom home buyers. It was the #1 best selling custom home neighborhood in all of Colorado.

Yes there are still custom home lots still available in The Timbers. There are entire new sections of the neighborhood opening up and ready to be built on. Call Steven Beam for details, maps and lot prices. 303-941-4663. New lot prices range from around $150,000 to $225,000.

Homes for sale in The Timbers today.

Here are the home sales numbers for The Timbers in 2014.

• Total number of single family homes sold in 2014 = 52  2013 = up 16% from 2013.
• The average sales price for 2014 was $874,867 up 7.34% from $812,930 in 2013. In 2012 the average sale price was $737,532. 
• Average total days on market in The Timbers in 2014 was 132.
• Average above ground price per sqft was up 2.53% to $236.06 in 2014. In 2013 it was up 14.42% to $230.15 from 201.77 in 2012.
• Average price per total sqft in 2014 was up 1.82% to $143.64 versus $141.05 in 2013 versus $125.07 in 2012.
• The average original asking price for 2014 was $920,095.
• The lowest sale price in 2013 for The Timbers was $475,000. (This is a severely damaged foreclosure.) We cannot wait to see what the new owners will do with the home. 
• The highest sales price in The Timbers for 2014 $3,150,000. (2013 was $1,484,000, 2012 was $1,130,000.)

Here is a link to the 2013 Timbers sold homes report.

Ranch Style Single Family Home market Report 2013. 

The Timbers Neighborhood 2014 Sold Homes Report by Realtor Steven Beam