Is Del Mar Parkway, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del Mar Parkway is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Del Mar Parkway was a Seller's Market.

Key Takeaway

Del Mar Parkway is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Del Mar Parkway, CO

How much do homes in Del Mar Parkway, CO cost?

Median Sold Price

$415,000

$380/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$41,000(+11.0%)

Key Takeaway

Homes in Del Mar Parkway have sold for 11% more than they did a month ago.

Summary: The median home sold price in Del Mar Parkway was $415,000 in October 2024, up 11% from last month, and the median price per square foot was $380.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $365K$391.2K
+7.2%
3 $368K$415K
+12.8%
4 $460K-
N/A
5+ -$471K
N/A

Summary: Del Mar Parkway housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 12.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Del Mar Parkway
+11.0%
Hillside
-8.6%

Housing Supply in Del Mar Parkway, CO

How many homes are available in Del Mar Parkway, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
66660.0%

Summary: The Del Mar Parkway real estate market had 66 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2118
-14.3%
3 2427
+12.5%
4 98
-11.1%
5+ 910
+11.1%

Summary: The Del Mar Parkway housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Mar Parkway, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Del Mar Parkway in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.

Days on Market for Del Mar Parkway, CO

How long does it take to sell a home in Del Mar Parkway, CO?

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days26 Days-48.8%

Summary: Homes in Del Mar Parkway had an average of 26 days on market in Oct 2024, down by 48.8% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Del Mar Parkway; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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