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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Del Mar Parkway has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Del Mar Parkway, CO

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

Median Sold Price

$400,000

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,000(-0.2%)

Key Takeaway

The sold price of homes in Del Mar Parkway has remained the same since last year.

Summary: The median home sold price in Del Mar Parkway was $400,000 in November 2024, down 0.2% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $114K$135.5K
+18.9%
2 $350K$365K
+4.3%
3 $405K$405.6K
0.2%
4 $437K$447.5K
+2.4%
5+ $490K$498.2K
+1.7%

Summary: Del Mar Parkway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 1.7%.

Housing Supply in Del Mar Parkway, CO

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
61610.0%

Summary: The Del Mar Parkway real estate market had 61 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 1616
0.0%
3 2624
-7.7%
4 810
+25.0%
5+ 87
-12.5%

Summary: The Del Mar Parkway housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del Mar Parkway, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Del Mar Parkway in November 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% 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

Nov 2023Nov 2024CHANGE
10 Days40 Days+280.5%

Summary: Homes in Del Mar Parkway had an average of 40 days on market in Nov 2024, up by 280.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 11 homes were sold in Del Mar Parkway; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

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MLS Disclaimers and Copyright

Based on information from REColorado for the period 12/01/2022 - 12/01/2024

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Last updated on: 12/18/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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