First Integrity Title Market Report

Commerce City, CO

Single-Family Homes

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Commerce City, CO

Thu Sep 21 2023
This week the median list price for Commerce City, CO is $554,950 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has increased to 116. Click here to stay informed with the Commerce City 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.

Commerce City, CO

Thu Sep 21 2023
This week the median list price for Commerce City, CO is $554,950 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has increased to 116. Click here to stay informed with the Commerce City 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 Commerce City market.
Median List Price $554,950
Median Price of New Listings $487,400
Per Square Foot $214
Average Days on Market 51
Median Days on Market 42
Price Decreased 50%
Price Increased 9%
Relisted 4%
Inventory 116
Median Rent
Market Action 55
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$699,450 3,884 6,500 - 8,000 sqft 4 3.5 4 2 5 56
$595,000 3,362 6,500 - 8,000 sqft 4 2.5 18 4 7 63
$535,000 2,042 6,500 - 8,000 sqft 3 2.5 3 4 3 35
$450,000 1,412 6,500 - 8,000 sqft 3 2 66 12 8 21