Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Thu Dec 08 2022
This week the median list price for Parachute, CO 81635 is $577,500 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 16. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Parachute, CO 81635

Thu Dec 08 2022
This week the median list price for Parachute, CO 81635 is $577,500 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 16. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $577,500
Median Price of New Listings $330,000
Per Square Foot $261
Average Days on Market 91
Median Days on Market 74
Price Decreased 31%
Price Increased 6%
Relisted 13%
Inventory 16
Median Rent
Market Action 40
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$950,000 3,082 N/A 4 3 30 0 0 150
$599,450 2,255 0.5 - 1 acre 3 2.5 14 0 0 84
$483,000 1,911 8,000 - 10,000 sqft 3 2 25 0 0 56
$300,000 1,368 4,500 - 6,500 sqft 2 2 29 1 2 42