Market Report

Silt, CO 81652

Single-Family Homes

www.titlecorockies.com



Silt, CO 81652

Mon May 20 2019
This week the median list price for Silt, CO 81652 is $537,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has held steady at or around 20. Click here to stay informed with the Silt 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Silt, CO 81652

Mon May 20 2019
This week the median list price for Silt, CO 81652 is $537,000 with the market action index hovering around 44. This is an increase over last month's market action index of 39. Inventory has held steady at or around 20. Click here to stay informed with the Silt 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Silt market.
Median List Price $537,000
Per Square Foot $221
Days on Market 183
Price Decreased 25%
Price Increased 0%
Relisted 5%
Inventory 20
Median House Rent
Most Expensive $3,100,000
Least Expensive $220,000
Market Action Index
Slight Seller's Advantage
44

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$1,600,000 3,228 N/A 4 3 20 0 0 462
$599,000 2,432 10 - 20 acres 3 2 23 2 1 119
$425,000 2,112 2.5 - 5 acres 4 3 21 1 0 113
$299,000 1,512 8,000 - 10,000 sqft 3 2 26 3 1 39