Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Sun May 29 2022
This week the median list price for Parachute, CO 81635 is $424,900 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 18. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

Sun May 29 2022
This week the median list price for Parachute, CO 81635 is $424,900 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 18. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $424,900
Median Price of New Listings $315,000
Per Square Foot $269
Average Days on Market 35
Median Days on Market 28
Price Decreased 22%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent
Market Action 42
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,300,000 3,507 N/A 4 3 31 0 0 45
$685,000 2,830 0.25 - 0.5 acre 3 2.5 15 0 0 28
$380,000 1,685 8,000 - 10,000 sqft 3 2 23 1 1 28
$280,034 1,485 8,000 - 10,000 sqft 3 2 25 2 0 21