Market Report

Silt, CO 81652

Single-Family Homes

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Silt, CO 81652

Mon Nov 23 2020
This week the median list price for Silt, CO 81652 is $540,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 15. Click here to stay informed with the Silt market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Silt, CO 81652

Mon Nov 23 2020
This week the median list price for Silt, CO 81652 is $540,000 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has held steady at or around 15. Click here to stay informed with the Silt market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Silt market.
Median List Price $540,000
Per Square Foot $249
Days on Market 142
Price Decreased 47%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Most Expensive $1,750,000
Least Expensive $263,000
Market Action 45
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,250,000 2,508 N/A 4 3 15 0 0 473
$614,450 2,958 10 - 20 acres 3 3 23 0 1 64
$530,000 2,256 5 - 10 acres 3 2 19 1 0 54
$467,000 1,512 1 - 2.5 acres 3 2 23 1 1 57