First Integrity Title Market Report

Thornton, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Thornton, CO

Mon Apr 22 2019
This week the median list price for Thornton, CO is $291,750 with the market action index hovering around 74. This is less than last month's market action index of 79. Inventory has held steady at or around 28. Click here to stay informed with the Thornton 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.

Thornton, CO

Mon Apr 22 2019
This week the median list price for Thornton, CO is $291,750 with the market action index hovering around 74. This is less than last month's market action index of 79. Inventory has held steady at or around 28. Click here to stay informed with the Thornton 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 Thornton market.
Median List Price $291,750
Per Square Foot $205
Days on Market 20
Price Decreased 25%
Price Increased 4%
Relisted 4%
Inventory 28
Median Apartment Rent
Most Expensive $420,000
Least Expensive $115,000
Market Action Index
Strong Seller's Market
74

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$410,000 1,897 0.5 - 1 acre 2 2 10 1 0 21
$309,900 1,616 0 - 4,500 sqft 2 2 16 5 3 15
$274,900 1,292 0 - 4,500 sqft 2 2 38 4 3 14
$175,000 859 - 2 1 46 1 2 32