Wednesdays are for one number at a time. Today it’s price: not the median, which we’ve already covered, but how Parker’s listings spread out across price ranges. A single citywide median can hide a lot. Splitting the market into bands shows where most homes for sale are priced, and which price ranges are taking longest to sell.
All the listing counts below come from Redfin’s Parker search on the morning of November 4. They include every property type Redfin lists, including land and lots, and they shift through the day, so treat them as a snapshot.
Four price bands
Redfin showed 878 homes for sale in Parker. Here’s how they fall into four price bands, along with how many in each have been on Redfin for more than 90 days:
| List price | For sale | Listed 90+ days | Share of band listed 90+ days |
|---|---|---|---|
| Up to $500K | 160 | 62 | 39% |
| $500K–$750K | 377 | 130 | 34% |
| $750K–$1M | 207 | 84 | 41% |
| $1M and up | 152 | 75 | 49% |
The four bands add up to 896, a little more than 878. That’s because a home listed at exactly $500,000, $750,000 or $1 million can show up in two neighboring searches. The overlap is small, so the picture holds.
The middle of the market is the biggest, and the quickest
The $500K–$750K band is by far the largest, with 377 listings, or roughly four in ten homes for sale. It also has the lowest share of listings past 90 days, at 34%.
That lines up with where homes actually close. Resideline tracked 550 Parker closings over the six months before its October 3 update. The median was $640,000, and the middle half of those sales closed between $530,000 and $740,000. Redfin’s median sale price for the three months ending in September, $669,131, falls in the same range. In other words, this band is where most of Parker’s buyers are doing business.
The top end is waiting longest
At the other end, 152 listings are priced at $1 million or more, and 75 of them, about half, have been on Redfin for more than 90 days. The $750K–$1M band isn’t far behind, at 41%.
Here’s one way to see the gap. Combined, the two upper bands hold 359 listings, about 41% of everything for sale. But if the middle half of Resideline’s closings landed between $530,000 and $740,000, then only about a quarter of sales closed above $740,000. There’s a larger share of homes listed at the upper end than the share of sales happening there. The bands don’t line up perfectly ($740K versus $750K), and the counts include land and new-construction homes, which often stay listed longer. Even so, the direction is clear: the higher the price, the longer homes tend to wait.
Under $500K: fewer choices than you might think
Only 160 listings are priced at $500,000 or less, about one in six homes for sale. Even so, nearly four in ten of them have been listed for more than 90 days, so a lower price alone doesn’t guarantee a quick sale. Condition, home type and location still matter.
What it means
If you’re buying: Your price range shapes how much room you have to negotiate. In the $500K–$750K range, homes are moving faster, so come prepared with your financing in order. Above $750K, and especially above $1 million, many homes have been listed for months. Ask for the price history and how long the home has been on the market before you write an offer.
If you’re selling: Know which band you’re in. In the middle of the market, a well-priced home competes with a lot of other listings, but it’s competing where buyers are most active. At the top end, about half of your competition has already been on the market for more than three months. Pricing against recent closed sales, not against other listings, matters even more there.
