April 22, 2025
ASK A REALTOR: What’s Up with the Market?!
It’s officially spring! And that means the daffodils are blooming, nail salons are packed for pedicures, wasps are building nests and there is a flurry of homebuying conversation and activity. This is especially true for the new home community of Looking Glass in Parker, where builders say quick move-ins are ready and people are moving in!
So what’s happening with the real estate market in Parker, Colorado right now? Glad you asked!
Still A Sellers’ Market?
We talked with Cindy Dassinger, a realtor with Metro Home Finders, Inc. who has 25 years’ experience representing buyers and sellers in the Denver metro area — including right here in Parker.
“Honestly, the market is so volatile right now,” Cindy said. “I think that’s what agents are struggling with the most — some homes sell in the first weekend with multiple offers, and some are sitting on the market for 50 to 60 days – and there’s no rhyme or reason to it.”
She says that the market has slowed down, but it’s still considered a sellers’ market. “We have to hit an average of 90 days on market before it changes to a buyers’ market,” she explained.
Looking historically at the real estate in Parker and the Denver-metro areas, less than two months is still a relatively quick turnaround to sell a home. Cindy added, “It’s just not what people are used to,” after the head-spinning sales of two-to-three years ago.
Median Home Prices in Parker, CO
The median price of a home in Parker is between $665,000 (Redfin) and $676,000 (Zillow) with a typical home value of $712,237 (Zillow). Parker home values are up between .7 and 1.4 percent over the last year.
For a $700,000 selling price, a buyer will likely get upwards of 2500 square feet, three-to-four bedrooms, two-and-a-half to three baths and a two-to-three car garage. Of course, there is a serious amount of variability between homes in the $650K to $720K price range, even with new construction. But the advantages with new builds go beyond just all-new systems, finishes, technology and designs, Cindy said.
Interest Rates and Builder Incentives
“Overall, I think the market is still fairly strong,” she said. “It’s challenging because we don’t have any input on interest rates which keep hovering around 6.5 to 7.0 percent.”
Mortgage rates, Cindy noted, can be a hugely motivating factor for buyers, because after finding THE perfect home, an interest rate jump of even a fraction of a point can make the house unaffordable.
“Builders in new home communities offer very good incentives. And when I’m working with buyers, I tell them that it’s absolutely worth checking out a builder’s lender, because they can offer immediate and very large discounts for interest rate buy-downs or even fixed rates. And they often pay closing costs,” she added.
“And while some people assume a new build price is “set in stone”, there’s always the potential for negotiation with new builders that wouldn’t have been possible before.”
Discover New Homes in Parker
With the variety of incentives and promotions available, buyers might want to check out a quick move-in prospect like the D.R. Horton homes on Dandy Brush Drive in the $600s. Or the Taylor Morrison ready-now homes on Prairie Peak Trail in the $700s. Check out the new home opportunities with Dream Finders, as well! For home buyers who are actively in search of a new home, it’s time to discover the cost-savings available at Looking Glass in Parker, today.