Is Parker, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$667,366
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Parker was $667,366 in March 2024, down 2.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308K | $306.5K | -0.5% |
2 Bedrooms | $400K | $387K | -3.3% |
3 Bedrooms | $585.7K | $597.7K | +2.1% |
4 Bedrooms | $720K | $708.8K | -1.5% |
5+ Bedrooms | $828.1K | $850K | +2.6% |
Summary: Parker housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $639.8K | $653.1K | +2.1% |
Aurora | $490.4K | $480.6K | -2.0% |
Parker | $682.7K | $667.3K | -2.2% |
Housing Supply in Parker, CO
How many homes are available in Parker, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
694 | 806 | +16.1% |
Summary: The Parker real estate market had 806 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 67 | 74 | +10.4% |
3 Bedrooms | 220 | 229 | +4.1% |
4 Bedrooms | 232 | 281 | +21.1% |
5+ Bedrooms | 172 | 215 | +25.0% |
Summary: The Parker housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
174 | 217 | +24.7% |
Asking Price vs. Sold Price
100 Homes Were Sold
Under Asking
61 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Summary: A total of 217 homes were sold or pending in Parker in March 2024, up by 24.7% month-over-month. Of the 217 sold homes, 46% were sold under asking, 28% were sold at asking, and 26% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 31 Days | -36.4% |
Summary: Homes in Parker had an average of 31 days on market in Mar 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
150 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During March 2024, 217 homes were sold in Parker; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.