Northwest Title Company Market Report

Craig, CO 81625

Single-Family Homes

Melodie Querry | mquerry@nwtcompany.com



Craig, CO 81625

Tue Jul 16 2024
This week the median list price for Craig, CO 81625 is $389,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 58. 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.

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.

Craig, CO 81625

Tue Jul 16 2024
This week the median list price for Craig, CO 81625 is $389,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has increased to 58. 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.

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 Craig market.
Median List Price $389,500
Median Price of New Listings $319,900
Per Square Foot $208
Average Days on Market 96
Median Days on Market 49
Price Decreased 31%
Price Increased 0%
Relisted 7%
Inventory 58
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$674,950 3,438 5 - 10 acres 4 3 26 0 0 63
$454,000 2,050 0.25 - 0.5 acre 4 2 38 1 1 49
$349,900 1,595 5 - 10 acres 3 2 45 2 1 70
$200,000 1,064 5 - 10 acres 2 1 41 2 1 28