Thirty six homes in Hidden River have gone under contract already this year; thirty three of which have closed. That is four more homes than last year and we haven’t even finished the year yet. The other encouraging news is that the total days on market decreased to 67 this year from 72 in 2009. The not so good news is that home values have fallen another 2.24% so far this year; so it doesn’t appear we have hit bottom yet. Home values have decreased a total 10.59% since the beginning of 2007.
As of today, there are 17 homes for sale in the Hidden River market. These homes range in price from $214,000 to $379,900 with the average price being $277,568. Based on this information, it looks like prices will fall a little more in the next few months. Please note that the current active properties are slightly smaller than what has sold previously this year which partially accounts for the lower prices. If you purchased your home before 2004 you should be able to sell it for more.
If you are interested in seeing the homes that are currently on the market … go to “Click here to see all current listings” on http://www.housesinparker.com/Hidden_River.php. You can also see the current stats.
Hidden River consists of approximately 963 homes and is located east of S. Parker Road, mostly south of Tallman and east and north of Hilltop Road. (See map on above link.) It is only 5 minutes from Walmart, Target, Home Depot, Kohl’s etc. and only 5 minutes from downtown Parker. It is a pool community with Olympic size pool plus tennis, basketball and volley ball courts. Miles of walking/running trails and numerous playgrounds are also available. The homes were built in the 90’s and are well maintained. One of the friendliest neighborhoods around; it’s not uncommon to find groups of neighbors enjoying one other’s company for impromptu bar-b-que’s or just hanging out and talking.