Market Report
Edwards, CO 81632
Single-Family Homes
www.titlecorockies.com
Edwards, CO 81632
Sun Apr 28 2024
This week the median list price for Edwards, CO 81632 is $6,980,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $6,980,000 | |
| Median Price of New Listings | $4,522,500 | |
| Per Square Foot | $959 | |
| Average Days on Market | 178 | |
| Median Days on Market | 119 | |
| Price Decreased | 9% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $11,995,000 | 11,093 | 2.5 - 5 acres | 5 | 6 | 18 | 0 | 0 | 273 |
| $8,250,000 | 8,295 | 1 - 2.5 acres | 6 | 7.3 | 22 | 1 | 0 | 203 |
| $6,122,500 | 6,681 | 1 - 2.5 acres | 5 | 6 | 19 | 1 | 3 | 42 |
| $2,822,500 | 3,251 | 0.5 - 1 acre | 4 | 3 | 30 | 2 | 2 | 31 |