Is Parker, 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, Parker has remained a Seller's Market.
Housing Prices in Parker, CO
How much do homes in Parker, CO cost?
Median Sold Price
$694,722
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Parker was $694,722 in April 2024, down 2.8% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $316.5K | $306.5K | -3.2% |
2 Bedrooms | $401K | $379K | -5.5% |
3 Bedrooms | $580K | $592.3K | +2.1% |
4 Bedrooms | $730K | $728K | -0.3% |
5+ Bedrooms | $857.5K | $862.5K | +0.6% |
Summary: Parker housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Southwest Arapahoe | $662K | $697.4K | +5.3% |
Aurora | $500K | $491.9K | -1.6% |
Parker | $714.4K | $694.7K | -2.8% |
Housing Supply in Parker, CO
How many homes are available in Parker, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
401 | 579 | +44.4% |
Summary: The Parker real estate market had 579 homes for sale in April 2024, a 44.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 40 | 47 | +17.5% |
3 Bedrooms | 115 | 185 | +60.9% |
4 Bedrooms | 138 | 187 | +35.5% |
5+ Bedrooms | 102 | 153 | +50.0% |
Summary: The Parker housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 60.9%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 146 | +139.3% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 146 homes were sold or pending in Parker in April 2024, up by 139.3% month-over-month. Of the 146 sold homes, 47% were sold under asking, 25% were sold at asking, and 29% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 28 Days | +37.7% |
Summary: Homes in Parker had an average of 28 days on market in Apr 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 146 homes were sold in Parker; 70% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.