Seven homes closed in Park Meadows in October, most of them townhomes, and the median sale price fell to $1,168,500 as no priced sale topped $3 million.
What happened in Park Meadows this October?
Seven homes closed in Park Meadows during October 2026, up from six in October 2025. One of the seven, a large estate, closed without a reported sale price, so the price figures below reflect the six closings with a reported price.
Those six sales totaled $9.6 million, down 39.0 percent from $15.7 million a year earlier. The median sale price was $1,168,500, down 51.2 percent from $2,395,000, and the average sale price was $1,592,000, down 39.0 percent from $2,610,158.
The drop reflects what sold more than a change in values. Five of the six priced sales were townhomes, four of them in the Racquet Club, and none of the six sold for more than $3 million. Last October’s six sales included a $5 million-plus home and a sale between $3 million and $4 million.
Buyers closed at an average of 91.4 percent of original list price, up from 90.1 percent a year earlier. Homes also took slightly less time to sell. The median home that closed had been listed for 65 days, compared with 81 days a year earlier.
The supply side was quiet. One new listing came to market, down from five, and three homes went under contract, down from seven. There were 21 homes available in mid-October against 22 a year earlier.
Ratio
Price figures, closed sale volume and the ratio cover six of October 2026’s seven closings and all six of October 2025’s. Average and median CDOM cover all seven.
CDOM is cumulative days on market, which counts the full time a property has been listed across listing periods rather than the days until it went under contract.
Absorption rate estimates how many months it would take to sell the listed supply at the current pace of sales. It is based on the mid-month supply count and is sensitive to small changes in sales.
How did the Park Meadows market change over the last three months?
Fifteen homes closed over the three months, against 22 in the same stretch of 2025. Activity picked up in October after a slow September, but buyer contracts and new listings were both lower than last year.
August 2026
September 2026
October 2026
| Metric | Aug 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|
| Closed sales | 5 | 3 | 7 |
| Median sale price | $4,750,000 | $1,335,000 | $1,168,500 |
| Average sale price | $3,819,560 | $1,963,333 | $1,592,000 |
| Closed sale volume | $19,097,800 | $5,890,000 | $9,552,000 |
| New listings | 9 | 3 | 1 |
| Pending listings | 5 | 6 | 3 |
| Sale-to-original-list-price ratio | 92.4% | 96.6% | 91.4% |
| Average CDOM | 63 days | 16 days | 77 days |
October’s price figures cover six of the seven closings.
The same three months a year earlier:
| Metric | Aug 2025 | Sep 2025 | Oct 2025 |
|---|---|---|---|
| Closed sales | 9 | 7 | 6 |
| Median sale price | $3,250,000 | $2,181,645 | $2,395,000 |
| New listings | 7 | 3 | 5 |
| Pending listings | 9 | 5 | 7 |
Three patterns stand out. First, the median sale price slid from $4,750,000 in August to $1,335,000 in September and $1,168,500 in October. That reflects which homes closed more than a steady decline in values.
Second, sellers listed fewer homes as the quarter went on. New listings fell from 9 in August to 3 in September and 1 in October, and totaled 13 over the three months against 15 a year earlier.
Third, contract activity stayed below last year. Pending listings totaled 14 over the three months against 21 in 2025.
October’s 7 closings were the most of the three months, which partly reflects contracts signed earlier. Six homes went under contract in September, the most of the quarter.
What actually sold in Park Meadows?
Seven homes closed in October: five townhomes and two detached homes. The six with a reported sale price ranged from $855,000 to $2,800,000.
Four of the six were Racquet Club townhomes, which sold between $855,000 and $1,197,000. The seventh closing, a large estate, closed without a reported sale price.
All six priced sales closed below original list price, by between 4 and 16 percent.
Selected October sales
The three highest reported sale prices are shown. They have not been assessed for comparability and should not be read as direct comparables for one another.
2839 Holiday Ranch Road, Park Meadows
4 bedrooms 3 bathrooms 3,109 square feet
Approximately 0.26 acres · Built 1978
Original list price: $2,985,000
Percent of original list price: 93.8%
Sale price per square foot: $901
Days on market: 55
2787 Gallivan Loop, Cove at Eagle Mountain
3 bedrooms 4 bathrooms 2,836 square feet
Approximately 0.09 acres · Built 1997
Original list price: $3,100,000
Percent of original list price: 84.4%
Sale price per square foot: $922
Days on market: 163
125 Yonex Court, Racquet Club
3 bedrooms 4 bathrooms 1,539 square feet
Approximately 0.02 acres · Built 1976
Original list price: $1,325,000
Percent of original list price: 90.3%
Sale price per square foot: $778
Days on market: 74
2839 Holiday Ranch Road, a four-bedroom detached home, was listed at $2,985,000 and closed at $2,800,000, 93.8 percent of its original price, after 55 days.
2787 Gallivan Loop, a townhome in the Cove at Eagle Mountain, was listed at $3,100,000, reduced to $2,800,000, and closed at $2,615,000 after 163 days. That was 84.4 percent of its original price, the deepest discount of the month.
125 Yonex Court was listed at $1,325,000 and reduced to $1,100,000. It closed at $1,197,000, above that reduced price and 90.3 percent of the original, after 74 days.
The other three Racquet Club townhomes sold for $1,140,000 at 122 Yonex Court, $945,000 at 121 Yonex Court and $855,000 at 45 Spaulding Court.
Price per square foot ranged from $661 to $922 across the six sales, which reflects differences in size, age and location rather than a market-wide rate.
What did buyers have to choose from?
One new listing came to market in Park Meadows in October, down 80.0 percent from five in October 2025. Three homes went under contract, down 57.1 percent from seven.
| Activity | Aug 2026 | Sep 2026 | Oct 2026 | Oct 2025 |
|---|---|---|---|---|
| New listings | 9 | 3 | 1 | 5 |
| Pending listings | 5 | 6 | 3 | 7 |
| Closed sales | 5 | 3 | 7 | 6 |
The one new listing was priced between $4,000,000 and $4,999,999. The three homes that went under contract were spread across the market, one between $1,500,000 and $1,999,999, one between $2,500,000 and $2,999,999 and one between $4,000,000 and $4,999,999, and their median list price was $2,985,000.
In mid-October, 21 homes were available, against 22 a year earlier, but the mix moved up. Eight homes were listed at $5,000,000 or more, up from five, while homes between $2,500,000 and $3,999,999 fell to two from eleven. The median list price of available homes was $3,650,000, up 14.5 percent from $3,187,500, and the average list price rose 20.4 percent to $5,823,429. This is a mid-month snapshot rather than a month-end count.
The absorption rate rose to 4.85 months from 3.94 a year earlier. In plain terms, at October’s pace of sales it would take longer to sell through the available homes than it did a year ago.
For the year to date, 72 homes have been listed against 74 through the same point in 2025, and 48 have gone under contract against 56, a decline of 14.3 percent.
New Construction in Focus
No new-construction homes closed in Park Meadows in October. All seven closings were established homes, built between 1976 and 2017.
Current new-construction availability
As of the most recent listing search, none of the 17 active Park Meadows listings is flagged as new construction. The homes now on the market are established properties: nine detached homes, four condominiums, three townhomes and one attached home.
For buyers looking specifically for a newly built home in Park Meadows, there is currently nothing on the market to choose from, and any future supply would be a new listing worth watching for. These are current availability figures, not a month-end inventory count for October.
What does this mean for buyers and sellers?
For buyers
Buyers had negotiating room in October. All six homes with a reported price closed below original list price, and 2787 Gallivan Loop closed at 84.4 percent of its original price after 163 days. Eight of the 17 homes currently listed have already reduced their asking price.
Racquet Club townhomes were the most active part of the market. Four closed between $855,000 and $1,197,000, taking from 20 to 110 days. If you are shopping in that range, there was real activity to compare against.
At the higher end, choice is wide and time is on your side. There were eight homes listed at $5,000,000 or more in mid-October against five a year earlier, and the median home currently listed has been on the market 121 days.
Only three homes went under contract in October, so competition for most listings is light.
For sellers
Price reductions mattered. 125 Yonex Court was cut from $1,325,000 to $1,100,000 and closed at $1,197,000, above the reduced price. 2787 Gallivan Loop was reduced from $3,100,000 to $2,800,000 and still closed at $2,615,000 after 163 days.
New competition is light. Only one new listing came to market in October, and sellers who price well may face less direct competition than a year ago.
Many current listings have waited a long time. The median current listing has been on the market 121 days, and six of the 17 are priced at $5,000,000 or more.
One caution on the headline numbers. The October median of $1,168,500 is the midpoint of six sales, five of them townhomes, and it should not be used to price a particular property.
Keep the price increase in perspective
Park Meadows’ prices point sharply down in October, but the same caution about medians applies in either direction. The median sale price fell 51.2 percent year over year, from $2,395,000 to $1,168,500. Year to date, the median is $2,775,000 against $2,763,350 for the same period of 2025, an increase of 0.4 percent.
The gap between those two numbers is the point. October’s decline does not mean the value of Park Meadows homes halved.
A median describes the middle of what sold, not the change in value of any particular property. October’s sales were mostly townhomes, with none above $3 million among the six with a reported price, while last October included larger and pricier homes. The median moves whenever the mix of homes changes. Last October’s median was not unusual, so the base year does not explain the drop.
The average sale price tells the same story. It fell 39.0 percent in October, from $2,610,158 to $1,592,000, but year to date it is up 1.0 percent, from $3,110,161 to $3,142,580.
Asking prices moved the other way. The median list price of homes available in mid-October was 14.5 percent higher than a year earlier, and the average was 20.4 percent higher, which reflects more listings at the top of the market. Eight of the 17 homes currently listed have reduced their price.
What an individual owner’s home is worth depends on its subdivision, size, age, condition, views and location. The only reliable way to know is a valuation of that specific property.
What should we watch next month?
These are indicators worth following, not forecasts.
Whether new listings return.
Sellers listed 9 homes in August, 3 in September and 1 in October, and 13 over the three months against 15 a year earlier. With so few new listings, the choice available to buyers depends on homes already on the market.
Whether higher-priced listings sell.
Eight homes were listed at $5,000,000 or more in mid-October, up from five, and the median current listing has been on the market 121 days. How quickly those homes sell will show how much demand there is at the top of the market.
Whether contracts pick up.
Three Park Meadows homes went under contract in October, against six in September and seven in October 2025. Pending activity leads closings by roughly one to two months, so the coming months will show whether sales hold near October’s seven.
Frequently Asked Questions
What was the median home price in Park Meadows in October 2026?
The median sale price was $1,168,500 across the six closings with a reported price, down 51.2 percent from $2,395,000 in October 2025. October’s sales were mostly townhomes, which pulls the median down without meaning values fell by that amount.
How many homes sold in Park Meadows in October 2026?
Seven homes closed, up from six in October 2025. Closed volume was $9.6 million across the six with a reported price, compared with $15.7 million a year earlier.
Did homes in Park Meadows sell above asking price?
Not against original list price. All six priced closings sold below it, averaging 91.4 percent, compared with 90.1 percent in October 2025. One townhome, 125 Yonex Court, closed above its reduced asking price after an earlier reduction.
How long did homes take to sell in Park Meadows?
The median cumulative days on market for October closings was 65 days, against 81 a year earlier, and the average was 77 days against 84. Year to date, the median is 16 days against 22.
Is there any new construction for sale in Park Meadows?
No. None of the 17 current listings is flagged as new construction, and no new-construction home closed in October.
Why did the median price fall 51.2 percent when the year-to-date median is up 0.4 percent?
October’s six priced sales were mostly townhomes with none above $3 million, while last October included larger and pricier homes. The year-to-date figure covers more sales, so it is a steadier guide to where prices stand.
How many homes are for sale in Park Meadows right now?
A current search shows 17 homes listed, with asking prices from $495,000 to $16,800,000 and a median of $3,150,000. Nine are detached homes, four are condominiums, three are townhomes and one is an attached home, and eight have reduced their price. This is a current figure and differs from the mid-October count of 21.
Is now a good time to buy or sell in Park Meadows?
That depends on your property and your timeline rather than on a single month’s numbers. October showed negotiating room for buyers and very few new listings, but with six priced sales one month cannot set a trend. A conversation about your specific home or target neighborhood will be more useful than a market average.
Thinking about buying or selling in Park Meadows?
Every home in Park Meadows is different, and a monthly median cannot tell you what your property is worth or what you should offer on a particular listing. Karen Stone works in these neighborhoods every week and can walk you through what the numbers mean for your situation. Contact Karen to talk through your plans.
