Laura Roberts' Market Report

Conifer, CO

Single-Family Homes

Chicago Title of Colorado | laura.roberts@ctt.com | 720-648-3039



Conifer, CO

Mon Jun 17 2019
This week the median list price for Conifer, CO is $649,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 37. Click here to stay informed with the Conifer 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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Conifer, CO

Mon Jun 17 2019
This week the median list price for Conifer, CO is $649,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has held steady at or around 37. Click here to stay informed with the Conifer 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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Conifer market.
Median List Price $649,000
Per Square Foot $231
Days on Market 87
Price Decreased 27%
Price Increased 0%
Relisted 0%
Inventory 37
Median House Rent $2,400
Most Expensive $3,490,000
Least Expensive $415,000
Market Action Index
Strong Seller's Market
48

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
$1,395,000 6,768 10 - 20 acres 5 4 18 3 1 210
$800,000 3,674 5 - 10 acres 4 3 20 4 2 80
$589,900 2,856 1 - 2.5 acres 4 3 39 4 2 13
$485,000 1,900 1 - 2.5 acres 3 2 38 3 3 49