First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Franktown, CO

Tue Jun 18 2019
This week the median list price for Franktown, CO is $964,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Franktown, CO

Tue Jun 18 2019
This week the median list price for Franktown, CO is $964,450 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $964,450
Per Square Foot $188
Days on Market 134
Price Decreased 34%
Price Increased 3%
Relisted 16%
Inventory 32
Median House Rent
Most Expensive $2,795,000
Least Expensive $550,000
Market Action Index
Slight Seller's Advantage
31

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
$1,997,500 8,288 N/A 4 5 15 1 0 138
$1,118,950 5,409 5 - 10 acres 5 4 20 1 1 114
$892,000 5,424 5 - 10 acres 4 4 26 0 0 177
$652,000 3,189 5 - 10 acres 4 2 29 3 1 105