November 2008 Real Estate Market Report for Horse Creek in Parker Colorado

Horse Creek is a mid-range single family home development in Parker, Colorado. Real estate and homes for sale are priced from the mid $250,000′s to over $400,000.

To See Other Market Reports for not only Horse Creek but Parker and the entire Denver Metro real estate market visit our Maket Reports Section.

Location: South on Jordan road through the intersection on Mainstreet in Parker, Colorado. Approx. half a mile to Hose Creek on the right.

Steven Beam is a full-time REALTOR in Parker Colorado.

Home builder: Richmond American Homes.

Homes were built from 2004 to 2007.

ACTIVE HOMES FOR SALE STATS FOR HORSE CREEK.

Active Homes on the market December 8, 2008. = 9

Average Price for Currently Active Homes for Sale = $397,518

Lowest Listing price for currently active homes for sale = $288,900

Highest Listing Price for currently active homes for sale in Horse Creek. = $ 510,000

Average Days on Market = 95

Longest days on Market = 220

PENDING SALES

Number of homes currently under contract = 2

Average days on market 107

Average Listing price for under contract homes = $344,995

SOLD HOMES IN HORSE CREEK FROM January 1, 2008 thru December 5, 2008.

Number of Homes sold this year = 39

Average Sold price for 2008 = $337,705

Lowest Sold price for 2008 = $239,950

Highest Sold price for 2008 in Horse Creek = $448,450

Average Days on Marker for homes sold in Horse Creek for 2008 = 85

Longest Days on Market for homes sold in Horse Creek for 2008 = 262

Shortest Days on market for homes  sold in Horse Creek 2008  = 7

Average Original Listing Price for 2008 in Horse Creek = $368,897

Average Sold Price for 2008 = $337,705

Average Difference between the original asking price and actual sales price = 90.4% – sellers were dropping their price by nearly 10% before the house would sell. LESSON= Price the house correctly in the beginning. Don’t listen to your neighbors, listen to your REALTOR.

Average Days on Marker to sell a property in Horse Creek = 85

Average Square feet for sold homes in Horse Creek for 2008 = 2537

Average price per square feet = $133 per sqft.

Average net sales price for 2008 in Horse Creek after seller concessions have been deducted = $333,456