Northwest Title Company Market Report

Craig, CO 81625

Single-Family Homes

Melodie Querry | mquerry@nwtcompany.com



Craig, CO 81625

Wed Sep 22 2021
This week the median list price for Craig, CO 81625 is $255,000 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has decreased to 34. 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

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.

Craig, CO 81625

Wed Sep 22 2021
This week the median list price for Craig, CO 81625 is $255,000 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has decreased to 34. 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

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 Craig market.
Median List Price $255,000
Median Price of New Listings $250,000
Per Square Foot $147
Average Days on Market 56
Median Days on Market 28
Price Decreased 24%
Price Increased 0%
Relisted 3%
Inventory 34
Median Rent
Market Action 51
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing 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
$474,950 2,650 5 - 10 acres 5 3 32 2 1 87
$284,700 1,953 6,500 - 8,000 sqft 4 2 44 0 1 24
$239,900 1,680 6,500 - 8,000 sqft 3 2 44 3 1 7
$165,000 1,312 4,500 - 6,500 sqft 3 1 94 2 1 7