August 2008 real estate market report for Parker Colorado. Home sales statistics.

Douglas County Real Estate Market Report for August 2008. Absorption Rates

Here is our local real estate home sales market report for Douglas County Colorado. Residential Home sale are reported based on data collected from Metrolist, Inc. Metrolist does not guarantee their information.

Please notice the Apsorption rates for different areas. This will tell you how many months of inventory we currently have listed for sale in Douglas County.

Steven Beam is a local Parker, Colorado real estate broker that serves the communities discussed below. If you would like more detailed information about a specific area, neighborhood or your particular home please contact Steven Beam directly. EMAIL or call 303-941-4663.

Douglas County Highlands Ranch and Lone Tree Colorado.

Including Highlands Ranch and Lone Tree Colorado.

	August 2007	August 2008	% Change
# Sales Closed - Month	258	173	-32.9%
# Sales Closed - YTD	1,661	1,310	-21.1%
Average Days on Market	60	67	11.7%
# of Active Listings	720	636	-11.7%
# of New Listings	472	362	-23.3%
Absorption Rate in Months	2.5	3.8	51.2%
Average SOLD Price	$379,599	$394,887	4.0%

Douglas County West homes sold statistics for August 2008

Including Castle Rock, Larkspur, Sedalia, Plamer Lake and some of Littleton.

	August 2007	August 2008	% Change
# Sales Closed - Month	205	136	-33.7%
# Sales Closed - YTD	1,354	1,100	-18.8%
Average Days on Market	118	143	21.2%
# of Active Listings	1,451	1,545	6.5%
# of New Listings	542	508	-6.3%
Absorption Rate (in months)	7.4	11.6	56.9%
Average SOLD Price	$456,017	$431,827	-5.3%

Douglas and Elbert Counties Sales Statistics for August 2008

Including residential homes sales for Parker, Elizabeth, Franktown, Elbert, Deer Trail and Silma.

	August 2007	August 2008	% Change
# of Sales Closed - Month	225	187	-16.9%
# of Sales Closed - YTD	1,570	1,262	-19.6%
Average days on Market	115	108	-6.1%
# of Active Listings	1,342	1,285	-4.2%
# of New Listings	581	415	-28.3%
Absorption Rate (in Months)	5.9	7.3	23.3%
Average Sold Price	$393,963	$344,397	-12.6%