First Integrity Title Market Report

Commerce City, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Commerce City, CO

Tue Jun 25 2019
This week the median list price for Commerce City, CO is $418,750 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has held steady at or around 140. 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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Commerce City, CO

Tue Jun 25 2019
This week the median list price for Commerce City, CO is $418,750 with the market action index hovering around 54. This is less than last month's market action index of 55. Inventory has held steady at or around 140. 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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Commerce City market.
Median List Price $418,750
Per Square Foot $138
Days on Market 50
Price Decreased 47%
Price Increased 9%
Relisted 10%
Inventory 140
Median House Rent $2,099
Most Expensive $759,995
Least Expensive $229,000
Market Action Index
Strong Seller's Market
54

The market appears to be 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
$515,000 4,244 6,500 - 8,000 sqft 4 3 13 5 5 76
$434,900 3,391 4,500 - 6,500 sqft 4 2 3 8 6 54
$399,900 2,835 4,500 - 6,500 sqft 3 2 8 9 2 35
$334,900 1,664 6,500 - 8,000 sqft 3 2 46 10 6 34