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 April 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

$694,722

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$19,727(-2.8%)

Key Takeaway

Homes in Parker have sold for 2.8% less than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $316.5K$306.5K
-3.2%
2 $401K$379K
-5.5%
3 $580K$592.3K
+2.1%
4 $730K$728K
-0.3%
5+ $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
+5.3%
Aurora
-1.6%
Parker
-2.8%

Housing Supply in Parker, CO

How many homes are available in Parker, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
401579+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

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 4047
+17.5%
3 115185
+60.9%
4 138187
+35.5%
5+ 102153
+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 2024Apr 2024CHANGE
61146+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parker, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
20 Days28 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Parker, CO

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