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

"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

4981 Raintree Circle is a very special totally custom home in The Pradera Golf Club Community in Parker Colorado. Listed for sale at $1,200,000 I hope you to watch the video below to truly see what this amazing home has to offer.

Over 6000 finished square feet and views that will make any person stop and look. Perched high on the 1.84 acre lot. The lot across the street cannot be built on and the open private land behind the house give it superb privacy.

The Timbers at The Pinery has had a great year in home sales considering the current status of the overall real estate market. This report is generated from public records from sales data received from January 1, 2009 to September 27, 2009. All the homes here are SOLD and closed.

I think this is just another reminder that the Douglas County Real Estate market is relatively strong compared to the many other areas around the Denver Metro. Homes and real estate are still moving and buyers are gobbling up the good homes. Notice I said "good" homes.

BELOW: Every Home for Sale in The Timers is listed below and that list is updated continuously throughout the day with new listings and sold homes are deleted from the list.

1. Four Sales over $1 Million
2. One sale over $2 Million
3. 69 Total Sales so far.
   

See the FULL Spreadsheet Here!

Here is the June homes sold market report for The Pinery and The Timbers. Homes for sale in Parker, Colorado have been selling at a record pace compared to a year ago. This report shows all the homes that have sold and that are under contract in the Pinery and The Timbers from January 1, 2009 through June 9th, 2009.

It's been a good year for the Pinery so far let's hope it continues. The higher end homes continue to struggle but there are signs of life in luxury home sales. 

Status = S = SOLD and U = Under Contract

Concession Amt $ = The amount the seller paid back to the buyer towards their closing costs or pre-paid items.

DOM = Days on Market

I have the sales in order by month.

Steven Beam is a Parker, Colorado Real Estate Broker serving the Timbers and The Pinery.

Search All Pinery Homes here.