First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171


Franktown, CO

Tue Feb 19 2019
This week the median list price for Franktown, CO is $972,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 16. Click here to stay informed with the Franktown 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Franktown, CO

Tue Feb 19 2019
This week the median list price for Franktown, CO is $972,500 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 16. Click here to stay informed with the Franktown 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Franktown market.
Median List Price $972,500
Per Square Foot $193
Days on Market 143
Price Decreased 19%
Price Increased 19%
Relisted 6%
Inventory 16
Median House Rent
Most Expensive $2,795,000
Least Expensive $659,000
Market Action Index
Slight Seller's Advantage 		35

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
$1,547,499 6,924 2.5 - 5 acres 4 4 1 0 0 208
$1,047,450 5,331 2.5 - 5 acres 5 4 1 1 1 185
$899,250 4,991 5 - 10 acres 5 3 39 0 0 103
$704,500 4,255 5 - 10 acres 5 4 34 0 1 77