Market Report

Silt, CO 81652

Single-Family Homes

www.titlecorockies.com



Silt, CO 81652

Thu Dec 08 2022
This week the median list price for Silt, CO 81652 is $604,750 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 30. 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.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Silt, CO 81652

Thu Dec 08 2022
This week the median list price for Silt, CO 81652 is $604,750 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 30. 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.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Silt market.
Median List Price $604,750
Median Price of New Listings $379,000
Per Square Foot $289
Average Days on Market 150
Median Days on Market 74
Price Decreased 27%
Price Increased 3%
Relisted 27%
Inventory 30
Median Rent
Market Action 27
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$1,350,000 2,940 N/A 4 3 39 0 0 196
$710,000 2,714 5 - 10 acres 4 3 27 0 0 91
$580,000 2,418 8,000 - 10,000 sqft 4 3 14 0 0 59
$449,000 1,402 8,000 - 10,000 sqft 3 2 24 1 0 59