Parker Real Estate- Relocation and real estate

Parker, Colorado Real Estate and Relocation Information

Parker, Colorado, 23 miles southeast of Denver, was in the fastest growing county in the U.S. for ten years in the 1990s before losing ground to the north Denver area. Started as a way station and supply town in the late 1800s, Parker is now a sophisticated ex-urban community in the midst of rolling hills and open space, yet with a small-town feel. The town wasn’t incorporated until 1981 when it had 300 residents. Since then the population has boomed to 42,000.

Parker, Colorado Real Estate Prices

Parker real estate offers many opportunities to buyers in every price range, from condos and townhomes to $1 million 6,000+ square foot custom homes in the rolling hills and Ponderosa pines.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

Recreation in Parker, Colorado

The Parker area is rich with recreational opportunities. The Cherry Creek Bike Trail runs from Denver, through Parker and ends in Castlewood Canyon, just southwest of Parker. Not far is Cherry Creek State Park with its open spaces and 1,000 acre reservoir.

The town built a new Recreation Center in 1994, and has spent nearly $16 million on Parker parks and recreational facilities to serve the growing area. Currently plans are underway for a new Cultural Arts and library facility in downtown Parker.

Parker, Colorado Shopping and Restaurants

15 minutes from Parker is the upscale Park Meadows Mall with major national department stores, restaurants and small retail shops. One of Denver's best!

Park Meadows combines the best of the Colorado outdoors with 160 of the finest retailers and restaurants in America. These top names include Crate & Barrel, Pottery Barn Kids, Ann Taylor, The Disney Store, P.F. Chang’s China Bistro, California Café, and The Cheesecake Factory as well as 12 eateries in the Dining Hall. Park Meadows also offers the following amenities at our Customer Service Center: complimentary stroller and wheelchair check out, coat and package check, gift wrap services and gift cards. Park Meadows Mall Home Page

Parker’s quaint main street features some of the town’s long-standing shops and restaurants. The Warhorse Inn is a Main Street fixture and draws locals for its steaks, pasta and Mexican cuisine. The Tailgate Tavern and Grill, another local institution, is next door to the Warhorse.

Other Parker shopping includes many “big box” centers, and virtually every major store name in the Denver metro area can be found here.

Parker, Colorado Weather