Real Estate Market Update For Parker Colorado
Here are the stats for Parker's housing market, effective May 24, 2022. The market has seen a slight slowing with the rise in interest rates over the last number of weeks, but demand still appears to be stronger than inventory levels can support. However prices appear to have leveled out a bit, and even with the talks of inflation and recession, the housing market is still moving forward as home buyers look to enter the market. If you are looking at buying or selling, now is still a good time if you have a long term time horizon. In all previous recorded recessions, other than the one in the late 2000's brought on by the housing market, housing prices have continued to climb and rates have historically come down, so buying a home today can still be a good investment long term and home owners should be able to refi to lower rates in the coming months.
201 Active Listings
Avg: $319/ sq ft with list price of $1,021,879
220 Pending Listings
Avg: $285/ sq ft with selling price of $812.472
183 Sold in last 30 days
Avg: $286/ sq ft with selling price of $837,944
If you are thinking about purchasing and would like a professional value assessment on your home, or if you are just starting your home search, be sure to check out the link below.
Doug Young - Real Estate Broker