Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Sat Feb 27 2021
This week the median list price for Parachute, CO 81635 is $366,500 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has held steady at or around 7. Click here to stay informed with the Parachute market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Parachute, CO 81635

Sat Feb 27 2021
This week the median list price for Parachute, CO 81635 is $366,500 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has held steady at or around 7. Click here to stay informed with the Parachute market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $366,500
Per Square Foot $214
Days on Market 217
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Most Expensive $5,800,000
Least Expensive $179,000
Market Action 47
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,800,000 5,734 N/A 3 3 24 0 0 357
$1,249,000 2,789 N/A 3 2 17 0 1 378
$333,200 1,584 8,000 - 10,000 sqft 3 2 8 0 2 84
$208,450 1,368 4,500 - 6,500 sqft 2 2 71 0 1 115