As of Sunday July 6, 2008

Median List Price THIS WEEK

$ 426,950

Average Days on Market 127

Asking Price per Square Foot $ 148

Percent of Properties with Price Decrease 50 %

Percent Relisted (reset DOM) 27 %

Percent Flip (price increased) 3 %

The median single family home price in PARKER this week is

$426,950.

Market Action Index* Cold! Buyer's 16

Median Number of Bedrooms 4.0

Median Number of Bathrooms 4.0

Median House Size (sq ft) 3,165

Median Lot Size .25 to .50 acre

Inventory is up and Market Action is trending down recently.

While days-on-market appears to be trending lower, the overall

conditions are weakening a bit.

* see below for details on the Market Action Index

PRICE

Prices seem to have plateaued here at the all time high.

When we see these conditions, we pay close

attention to the Market Action Index to gauge the leading

indicators and whether prices will fall from here.

The Market Action Index answers the question "How's the Market?"

By measuring the SUPPLY AND DEMAND

current rate of sale versus the amount of the inventory.

Local conditions are currently quite strongly in the Buyer's

Market zone (below 30). The 90-day Market Action Index

stands at 16. With several months of inventory

available at the current sales rate, buyers should find ample choice.

Index above 30 implies Seller's Market conditions. Below 30, conditions favor the

buyer.