Real Estate in Denver and the Suburbs

DENVER SUBURBS REAL ESTATE 

Real Estate Market Reports for March 2008 - PARKER, ELIZABETH, FRANKTOWN, KIOWA

Real estate in this part of the Denver metro area is a bit slower than others, but there is still activity - at 498 new listings this month (single family homes) and 211 homes under contract - you can see that there still is plenty of inventory. 

Pricing your Parker, Elizabeth, Franktown and Kiowa home properly is critical.  

In addition, you can see that the average sold price is much lower than the average asking price.  As in other areas of the Denver metro real estate market,  the lower price points are seeing swifter movement.  The higher priced homes are taking a bit longer in these Denver suburbs and pricing is absolutely key. 

Douglas County & Elbert Colorado - STATISTICS FOR HOME SALES IN THE AREA - EAST DOUGLAS COUNTY

This report includes all areas of the Denver MLS known as DEP : Douglas County & Elbert County - Parker, Kiowa, Elizabeth, Franktown  -March 2008

DEP - Douglas County East/Parker - Residential Real Estate - Single Family Homes

Total Active Homes For Sale 1209
Average Asking Price $596,387
New Listings on the Market 498
Listings Back on Market 105
Sold Homes141
Average Price Actually Sold $359,689
% of List Price 96%
Days on Market 105
Under Contract 211
Expired Listings 57 

Douglas County East/Parker - Condos & Town Homes

Total Active For Sale 127
Average Asking Price $176,276
New Listings on the Market 48
Listings Back on Market 5
Sold Listings 19
Average Price Actually Sold $156,640
% of List Price 99%
Days on Market 109
Under Contract 27
Expired Listings 4

*Statistics from MLS deemed accurate but not guaranteed.

*These numbers may not include FSBO and New Construction.