Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Mon May 20 2019
This week the median list price for Parachute, CO 81635 is $353,750 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 20. Click here to stay informed with the Parachute market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Parachute, CO 81635

Mon May 20 2019
This week the median list price for Parachute, CO 81635 is $353,750 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 20. Click here to stay informed with the Parachute market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $353,750
Per Square Foot $164
Days on Market 149
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 20
Median House Rent $1,400
Most Expensive $849,000
Least Expensive $185,000
Market Action Index
Slight Seller's Advantage
44

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$559,000 3,204 5 - 10 acres 4 3 15 2 0 110
$425,000 3,028 0.5 - 1 acre 4 2 24 1 0 54
$338,000 2,128 8,000 - 10,000 sqft 4 2 24 0 1 302
$205,000 1,433 6,500 - 8,000 sqft 3 2 26 3 2 128