Is Parker, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parker is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Parker has remained a Seller's Market.

Key Takeaway

Parker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

-$15,336(-2.2%)

Key Takeaway

Homes in Parker have sold for 2.2% less than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $308K$306.5K
-0.5%
2 $400K$387K
-3.3%
3 $585.7K$597.7K
+2.1%
4 $720K$708.8K
-1.5%
5+ $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
+2.1%
Aurora
-2.0%
Parker
-2.2%

Housing Supply in Parker, CO

How many homes are available in Parker, CO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
694806+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

# BEDSFeb 2024Mar 2024CHANGE
1 37
+133.3%
2 6774
+10.4%
3 220229
+4.1%
4 232281
+21.1%
5+ 172215
+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 2024Mar 2024CHANGE
174217+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parker, you may be able to get a good deal. 46.1% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
49 Days31 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Parker are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Parker, CO

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What housing markets are near Parker, CO?