Market Report

Parachute, CO 81635

Single-Family Homes

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Parachute, CO 81635

Tue Sep 28 2021
This week the median list price for Parachute, CO 81635 is $337,500 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has increased to 16. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Parachute, CO 81635

Tue Sep 28 2021
This week the median list price for Parachute, CO 81635 is $337,500 with the market action index hovering around 53. This is less than last month's market action index of 54. Inventory has increased to 16. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Parachute market.
Median List Price $337,500
Median Price of New Listings $329,000
Per Square Foot $227
Average Days on Market 45
Median Days on Market 35
Price Decreased 25%
Price Increased 6%
Relisted 13%
Inventory 16
Median Rent $1,350
Market Action 53
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,949,500 1,925 5 - 10 acres 3 2 16 0 0 101
$351,200 1,741 8,000 - 10,000 sqft 3 2 25 1 0 28
$329,500 1,363 0.25 - 0.5 acre 3 2 25 3 1 3
$275,000 1,397 4,500 - 6,500 sqft 3 2 22 1 0 38