First Integrity Title Market Report

Commerce City, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Commerce City, CO

Tue Feb 19 2019
This week the median list price for Commerce City, CO is $425,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 111. Click here to stay informed with the Commerce City 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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Commerce City, CO

Tue Feb 19 2019
This week the median list price for Commerce City, CO is $425,000 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 111. Click here to stay informed with the Commerce City 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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Commerce City market.
Median List Price $425,000
Per Square Foot $137
Days on Market 72
Price Decreased 41%
Price Increased 8%
Relisted 10%
Inventory 111
Median House Rent $2,197
Most Expensive $1,600,000
Least Expensive $279,899
Market Action Index
Slight Seller's Advantage
44

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
$537,500 3,965 8,000 - 10,000 sqft 4 2 1 3 0 116
$449,500 3,341 4,500 - 6,500 sqft 4 2 1 7 4 64
$405,000 3,109 4,500 - 6,500 sqft 3 2 8 2 2 52
$320,000 1,773 6,500 - 8,000 sqft 3 2 60 7 11 58