Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Sun Jun 24 2018
This week the median list price for Parachute, CO 81635 is $298,500 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 31. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Parachute, CO 81635

Sun Jun 24 2018
This week the median list price for Parachute, CO 81635 is $298,500 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 31. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $298,500
Per Square Foot $149
Days on Market 76
Price Decreased 32%
Price Increased 3%
Relisted 6%
Inventory 31
Median House Rent $1,175
Most Expensive $690,000
Least Expensive $172,500
Market Action Index
Slight Seller's Advantage
40

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. 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
$549,900 4,289 1 - 2.5 acres 4 3 17 0 0 92
$372,500 2,152 0.5 - 1 acre 3 2 22 0 1 109
$237,450 1,444 8,000 - 10,000 sqft 3 2 30 2 0 40
$185,000 1,472 4,500 - 6,500 sqft 3 2 23 1 2 67