Is Del Mar Parkway, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Del Mar Parkway has remained a Seller's Market.
Housing Prices in Del Mar Parkway, CO
How much do homes in Del Mar Parkway, CO cost?
Median Sold Price
$415,000
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Del Mar Parkway was $415,000 in April 2024, up 1.4% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | $367.5K | $366K | -0.4% |
3 Bedrooms | $405K | $405K | 0.0% |
4 Bedrooms | $457.8K | $452.5K | -1.2% |
5+ Bedrooms | $460K | $518K | +12.6% |
Summary: Del Mar Parkway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in Del Mar Parkway, CO
How many homes are available in Del Mar Parkway, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 48 | +41.2% |
Summary: The Del Mar Parkway real estate market had 48 homes for sale in April 2024, a 41.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 10 | 19 | +90.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Del Mar Parkway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 90%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 16 | +433.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Del Mar Parkway in April 2024, up by 433.3% month-over-month. Of the 16 sold homes, 44% were sold under asking, 13% were sold at asking, and 44% were sold over asking.
Days on Market for Del Mar Parkway, CO
How long does it take to sell a home in Del Mar Parkway, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 20 Days | -55.5% |
Summary: Homes in Del Mar Parkway had an average of 20 days on market in Apr 2024, down by 55.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Del Mar Parkway; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.