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Over the past month I've had several calls from million dollar buyers and sellers wanting to know how the high-end luxury real estate market is going in Pradera Golf Club. I've decided to post a little chart with the info and stats for luxury homes sold in Pradera.

If you don't know Pradera is located in Parker Colorado and is a private golf course community.

Below I'm defining the Luxury Real Estate Market in Pradera Golf Club as any house that has a final sales price above $700,000.

In 2008 there were 21 homes sold at a price of $700,000 or more in Pradera. The average sales price of these luxury homes was $1,072,314 and the lowest sale was $729,000 and the highest was $1,827,264.

In 2009 there were 11 homes sold above the $700,000 mark. The average sales price in that range for Pradera was $976,995 with a low price of $760,000 and a high sales price of $1,300,000. This was an almost 50% drop from the previous year.

So far in 2010 there have been 3 luxury sales in Pradera Golf Club. THe highest sales price was $1,095,000 the lowest was $750,000 and the average sales price of the 3 sales is $881,667.

Total Sales Volume for each year in the luxury home market are as follows.

2008 Volume = $22.518,591

2009 Volume = $10,746,943

2010 Volume so far = $2,645,000

This does not include custom built homes that builders may not have added to the MLS. It also would not include any listings that were FSBO or for sale by owner.

From the looks of the market it pretty much shows us what we already knew. Luxury home sales are on the decline.

I'm seeing a lot of wealthy buyers that could easily afford these large homes deciding on smaller homes that are totally decked out with all the amenities they want and need.

Most Recent Homes Sold Report for Pradera - June 2010 full market report for Pradera Golf Club

Several of my luxury buyers are even buying these homes and completing massive remodels on them before they move in. Tweaking the homes to their liking before they move. Seems like a smart idea especially since they are buying homes in the $600,000 price range and most have spent close to or more than $100,000 in remodels they are coming out spending less than they would have buying a new $1 million + home.

However, let's face it not everyone is cut out for a remodel job and MOST home buyers want newer and bigger and turn key real estate.

That being said I don't think Pradera has too much to worry about. Pradera is still a premier neighborhood in a prime location with every amenity a luxury home buyer could want.

Parker Homes For Sale $700,000 to $900,000

Parker Homes for Sale $900,000 and up.

Map

View Pradera Golf Community in a larger map

Pradera Golf Course Community in Parker Colorado

Homes Sold Report for January 1, 2010 to June 1, 2010.

See Every Home for Sale in Pradera Right Now.

The spreadsheet below is every home sold in Pradera Golf Course Conmmunity except for homes sold as "FSBO." Pradera is off to a good start this year except that the $1 Million + home sales are down.

Pradera is one of Parker's most desirable "NEW" private golf course communities. Memberships are available!  Located just south of town on West of Parker Road it allows for easy access to I-25, via Castle Rock or north through Parker. Once the new Hass road cut through is completed it will give nearly direct access to I-25.

If you would like a private tour of Pradera and the facilities offered please give me a call and I will arrange a luch and tour of the neighborhood for you. Steven beam 303-941-4663 | Parker Colorado Realtor. CRS. Email Steve

Video of a Pradera Home Steve just sold $1 Million + this is how you market a home to sell.

2009 Year end home sales stats for Pradera.

Hire a Realtor that knows your neighborhood!

SEE THE FULL SPREADSHEET HERE

"I listed this custom home for sale at $1,200,000 in the Pradera Golf Course and sold it in 8 days with the power of video!"

When you NEED maximum exposure for your property and it's time to sell call me and I'll be happy to show you how we syndicate your home across the NET. Steven Beam uses the power of video to help get the job done.

Video accomplishes several things for a home sale.

1. It will expose your hoe to literally thousands of byers looking on the web for homes. Video give buyers a much better depth perception of room sizes and dimensions than a photo or those outdated BUBBLE EYED virtual tours.
2. It gets buyers into the house that may not normally have been able to find the home. Video is search able and can be found on the web. Don't believe me? Google this address (4981 raintree circle) How many times is it on the first page of google? A LOT!
3. Video keeps buyers out of the house too. If they don't like what they see in the video they can cross it off their list and it keeps unwanted showings out of your home.

Steven Beam is a CRS, Realtor in Parker Colorado. 303-941-4663 - EMAIL STEVEN BEAM

This is just a super cool map with all the sold homes for a one month period. These are all the homes sold in Douglas County Colorado for the month of December 2009. I know I'm late getting this up but better late than never. My friend jim Renshaw at Land Title here in Parker Colorado put this information together and let me use his hard work on my BLOG. Thanks Jim!

All the homes sold in Parker, Castle rock and highlands Ranch and everywhere in between.