First Integrity Title Market Report

Thornton, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Thornton, CO

Tue Oct 15 2019
This week the median list price for Thornton, CO is $284,900 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 37. Click here to stay informed with the Thornton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Tue Oct 15 2019
This week the median list price for Thornton, CO is $284,900 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 37. Click here to stay informed with the Thornton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $284,900
Per Square Foot $197
Days on Market 61
Price Decreased 54%
Price Increased 0%
Relisted 8%
Inventory 37
Median Apartment Rent $1,426
Most Expensive $429,900
Least Expensive $139,900
Market Action Index
Strong Seller's Market
59

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$309,900 1,484 0 - 4,500 sqft 3 2 34 2 3 47
$289,900 1,100 0 - 4,500 sqft 3 1 34 3 2 55
$269,900 1,292 0 - 4,500 sqft 2 2 21 2 1 69
$204,750 949 8,000 - 10,000 sqft 2 1 46 0 3 70