First Integrity Title Market Report

Bennett, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Bennett, CO

Tue Jun 25 2019
This week the median list price for Bennett, CO is $396,900 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 53. Click here to stay informed with the Bennett market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Bennett, CO

Tue Jun 25 2019
This week the median list price for Bennett, CO is $396,900 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 53. Click here to stay informed with the Bennett market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Bennett market.
Median List Price $396,900
Per Square Foot $187
Days on Market 167
Price Decreased 34%
Price Increased 23%
Relisted 2%
Inventory 53
Median House Rent
Most Expensive $3,000,000
Least Expensive $305,000
Market Action Index
Slight Seller's Advantage
39

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$599,900 4,474 10 - 20 acres 4 3 18 0 1 114
$424,900 2,698 6,500 - 8,000 sqft 4 2 0 4 4 144
$374,900 1,869 4,500 - 6,500 sqft 3 2 0 0 2 243
$322,400 1,315 4,500 - 6,500 sqft 3 1 1 7 9 167