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The Timbers in Parker CO real estate market report

November 8th, 2008 | Written by | Market Reports for Parker Colorado, The Timbers

This market report is for the time period September 1, 2008 through November 3, 2008. Provided by Steven Beam-RE/MAX real estate broker in Parker, Colorado.

The Timbers is located 5 miles south of the Town of Parker, Colorado off HWY 83. Mostly highend, upscale custom and semi-custom homes.

Price range from $500,000 to well into the millions.

Schools system is Douglas County Schools.

Currently Active Homes in The Timbers = 46

Currently under contract = 6

Sold from September 1, 2008 to November 3, 2008 = 16

Active Homes in the Timbers

  • Average Home Listing price = $1,015,721
  • highest Listing price = $1,790,000
  • Lowest current listing price = $579,000

Recently Sold

  • Average Sales Price = $865,219
  • Average Original Listing price = $1,002,734
  • Average price difference between asking and sold price = $86.2. WOW sellers are negotiating or dropping prices by almost 20%
  • Average days on the market to sell = 248
  • Average price per square foot = $223
  • Average square foot = 3880
  • Average net sales price to seller after concessions = $863,947

Under Contract Homes/Pending Sales

  • Average Listing listing price for under contract homes = $1,005,783
  • Lowest listing price for under contract homes = $684,900
  • Highest listing price or under contract homes = $2,150,000

There are a lot of homes on the market in The Timbers. If your looking for a deal on reale homes in the higher price ranges you may want to take a hard look at the Timbers. From the market stats it apprears sellers are willing to make a deal. i know there are a lot of families hurting out there and really want to get out of these homes.

Luxury homes for sale in Parker Colorado.

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Steven Beam, Realtor, CRS
18551 E. Mainstreet Suite 2-A
Parker, CO 80134
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