Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Sat Jul 31 2021
This week the median list price for Parachute, CO 81635 is $477,500 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Parachute, CO 81635

Sat Jul 31 2021
This week the median list price for Parachute, CO 81635 is $477,500 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $477,500
Median Price of New Listings $435,000
Per Square Foot $213
Average Days on Market 28
Median Days on Market 21
Price Decreased 31%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent
Market Action 58
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$1,957,500 2,944 1 - 2.5 acres 3 1 27 0 0 38
$544,500 2,881 2.5 - 5 acres 3 3 13 2 0 10
$437,500 1,943 0.25 - 0.5 acre 3 2 15 0 1 31
$325,000 1,445 4,500 - 6,500 sqft 3 2 17 2 1 7