Horse Creek Neighborhood Market Report 2015
Home values in the Horse Creek neighborhood in Parker, Colorado up 9% in 2015.
Also read: Horse Creek Neighborhood Market Report 2016
Some people say the real estate market in Colorado is overvalued or in a bubble. I say look at the numbers. If you are looking for value look at the Horse Creek neighborhood. With an average sale price of $430,000 and an average price per square foot of $179 above ground and $110 per total square foot this is not anywhere near a bubble. You cannot build these homes new for this price. New home builders will not build you a new home for less than $200 per sqft and then you have to add blinds and window coverings, landscaping and your own personal touches.
Steven Beam is a Realtor in Parker, Colorado. Find out what your home will sell for here.
Richmond home in Horse Creek
It’s my opinion that Horse Creek homes should be in the $200 per sqft range in the 18 months. For the quality and location of what you get in a home and neighborhood that is a fair market value for Horse Creek.
I’ve always maintained that Horse Creek is one of the best neighborhoods in parker Colorado. You get a newer home in a mature neighborhood that is completely built out so you don’t have to worry about daily construction work noise. Hess Road and Mainstreet both cut over to I-25 and Chambers or Jordan offer easy access to the north so you have multiple options for your morning commute.
Spreadsheet of all the homes sold in Horse Creek for 2015.
Horse Creek Neighborhood Market Report 2015
- Number of homes sold 19
- Average days on market 19
- Highest sale price $500,000
- Lowest sales price $333,000
- Average sales price $431,905 Up 9.30% from 2014
- Average price per sqft $179.51 (above ground sqft) Up 12.50% from 2014
- Average price per sqft $110.42 (total sqft in the house)
- Average price per sqft $153.24 (finished sqft in the house)
- Difference from asking price to final sales price 98.80%