Northwest Title Company Market Report

Craig, CO 81625

Single-Family Homes

Melodie Querry | mquerry@nwtcompany.com



Craig, CO 81625

Mon May 17 2021
This week the median list price for Craig, CO 81625 is $235,000 with the market action index hovering around 53. This is an increase over last month's market action index of 48. Inventory has decreased to 26. Click here to stay informed with the Craig market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Craig, CO 81625

Mon May 17 2021
This week the median list price for Craig, CO 81625 is $235,000 with the market action index hovering around 53. This is an increase over last month's market action index of 48. Inventory has decreased to 26. Click here to stay informed with the Craig market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Craig market.
Median List Price $235,000
Median Price of New Listings $144,450
Per Square Foot $111
Average Days on Market 70
Median Days on Market 25
Price Decreased 8%
Price Increased 0%
Relisted 4%
Inventory 26
Median Rent
Market Action 53
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$357,500 3,936 8,000 - 10,000 sqft 5 3 42 0 2 66
$284,000 2,276 0.25 - 0.5 acre 3 2 51 1 1 7
$199,000 1,596 6,500 - 8,000 sqft 3 2 44 1 0 14
$125,000 1,008 4,500 - 6,500 sqft 2 1 48 2 1 42