Is Parker, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Parker has remained a Seller's Market.
Housing Prices in Parker, CO
How much do homes in Parker, CO cost?
Median Sold Price
$664,764
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Parker was $664,764 in February 2024, down 3.6% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $309K | +3.0% |
2 Bedrooms | $402K | $390K | -3.0% |
3 Bedrooms | $591.1K | $595.2K | +0.7% |
4 Bedrooms | $725.1K | $702.5K | -3.1% |
5+ Bedrooms | $839.9K | $841K | 0.1% |
Summary: Parker housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 3%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $640.4K | $650.4K | +1.6% |
Aurora | $493.6K | $479.8K | -2.8% |
Parker | $689.3K | $664.7K | -3.6% |
Housing Supply in Parker, CO
How many homes are available in Parker, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
609 | 711 | +16.7% |
Summary: The Parker real estate market had 711 homes for sale in February 2024, a 16.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 58 | 70 | +20.7% |
3 Bedrooms | 214 | 219 | +2.3% |
4 Bedrooms | 181 | 243 | +34.3% |
5+ Bedrooms | 151 | 176 | +16.6% |
Summary: The Parker housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes increased by 16.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
147 | 161 | +9.5% |
Asking Price vs. Sold Price
82 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 161 homes were sold or pending in Parker in February 2024, up by 9.5% month-over-month. Of the 161 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.
Days on Market for Parker, CO
How long does it take to sell a home in Parker, CO?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
63 Days | 54 Days | -13.7% |
Summary: Homes in Parker had an average of 54 days on market in Feb 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Summary: During February 2024, 161 homes were sold in Parker; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.