Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Thu Mar 30 2023
This week the median list price for Parachute, CO 81635 is $542,500 with the market action index hovering around 35. This is an increase over last month's market action index of 30. Inventory has decreased to 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Parachute, CO 81635

Thu Mar 30 2023
This week the median list price for Parachute, CO 81635 is $542,500 with the market action index hovering around 35. This is an increase over last month's market action index of 30. Inventory has decreased to 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $542,500
Median Price of New Listings $335,000
Per Square Foot $279
Average Days on Market 114
Median Days on Market 91
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 35
Slight Seller's Advantage

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
$1,050,000 2,714 10 - 20 acres 4 2.5 44 0 0 189
$595,000 1,985 0.25 - 0.5 acre 4 2.5 1 0 0 175
$489,000 1,858 8,000 - 10,000 sqft 3 2 21 0 0 70
$335,000 1,440 8,000 - 10,000 sqft 3 2 41 3 1 0