Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Sat May 30 2020
This week the median list price for Parachute, CO 81635 is $345,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 31. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Parachute, CO 81635

Sat May 30 2020
This week the median list price for Parachute, CO 81635 is $345,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 31. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $345,000
Per Square Foot $160
Days on Market 95
Price Decreased 23%
Price Increased 3%
Relisted 3%
Inventory 31
Median Rent $1,350
Most Expensive $6,875,000
Least Expensive $139,900
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
$699,000 3,098 N/A 3 3 18 0 0 172
$407,500 2,481 0.25 - 0.5 acre 3 3 20 1 0 91
$269,950 1,600 8,000 - 10,000 sqft 3 2 21 1 3 71
$182,000 1,192 6,500 - 8,000 sqft 3 2 34 1 0 56