A Shortage of Inventory Forcing Metro Denver Homebuyers Into Bidding Wars

Its a sad state of affairs. If you are a buyer buying a home under 300K, you better be nimble and you better be quick!  And if you don't have a Realtor I pity you. 

However, the story is not the same for price points.  The numbers are still aggressive, but if you have a listing over $1,000,000 then don't think for a second you are going to sell your home in a week with multiple offers!  We have way too many homes for sale in Parker CO over $1,000,000.

Real Estate Stats for High Prairie Farms, Timbers, and Misty Pines

From Jan. 1st through May 5th:

-14 homes have sold. 

-Only one sold over $1,000,000. 

-List price to sold price was 95%. 

-Average days on the market was 94. 

-There are 11 homes under contract (none over $1,000,000.) 

-There are 28 homes active, and 9 of them are over $1,000,000.