Market Report

Silt, CO 81652

Single-Family Homes

www.titlecorockies.com



Silt, CO 81652

Thu Sep 20 2018
This week the median list price for Silt, CO 81652 is $439,950 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Silt, CO 81652

Thu Sep 20 2018
This week the median list price for Silt, CO 81652 is $439,950 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 34. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Silt market.
Median List Price $439,950
Per Square Foot $198
Days on Market 112
Price Decreased 47%
Price Increased 3%
Relisted 3%
Inventory 34
Median House Rent $1,400
Most Expensive $1,600,000
Least Expensive $244,000
Market Action Index
Slight Seller's Advantage
38

We continue to see prices in this zip code bounce 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
$837,000 3,748 10 - 20 acres 4 3 17 0 1 212
$487,000 2,511 5 - 10 acres 3 2 23 0 0 121
$360,000 2,112 0.25 - 0.5 acre 3 2 17 1 0 97
$280,000 1,536 4,500 - 6,500 sqft 3 2 13 1 1 28