First Integrity Title Market Report

Commerce City, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Commerce City, CO

Sun Aug 01 2021
This week the median list price for Commerce City, CO is $537,000 with the market action index hovering around 92. This is less than last month's market action index of 96. Inventory has increased to 68. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Commerce City, CO

Sun Aug 01 2021
This week the median list price for Commerce City, CO is $537,000 with the market action index hovering around 92. This is less than last month's market action index of 96. Inventory has increased to 68. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Commerce City market.
Median List Price $537,000
Median Price of New Listings $505,000
Per Square Foot $195
Average Days on Market 20
Median Days on Market 7
Price Decreased 28%
Price Increased 4%
Relisted 0%
Inventory 68
Median Rent $2,495
Market Action 92
Strong Seller's Market

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$685,000 3,789 6,500 - 8,000 sqft 4 3 2 4 5 14
$560,000 3,054 4,500 - 6,500 sqft 4 3 3 4 4 14
$515,000 2,563 4,500 - 6,500 sqft 3 3 6 8 5 7
$364,900 1,512 4,500 - 6,500 sqft 3 2 66 12 8 0