Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Wed Mar 20 2019
This week the median list price for Parachute, CO 81635 is $328,500 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 26. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Parachute, CO 81635

Wed Mar 20 2019
This week the median list price for Parachute, CO 81635 is $328,500 with the market action index hovering around 35. This is an increase over last month's market action index of 33. Inventory has held steady at or around 26. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $328,500
Per Square Foot $154
Days on Market 158
Price Decreased 19%
Price Increased 8%
Relisted 4%
Inventory 26
Median House Rent $2,260
Most Expensive $1,200,000
Least Expensive $185,000
Market Action Index
Slight Seller's Advantage
35

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
$632,500 3,343 2.5 - 5 acres 4 3 13 0 0 140
$391,500 2,747 0.5 - 1 acre 3 2 25 0 0 187
$310,000 1,960 6,500 - 8,000 sqft 3 2 16 0 1 169
$189,988 1,455 6,500 - 8,000 sqft 3 2 26 1 0 137