First Integrity Title Market Report

Franktown, CO

Single-Family Homes

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Franktown, CO

Wed Apr 24 2024
This week the median list price for Franktown, CO is $1,750,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 31. Click here to stay informed with the Franktown market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Wed Apr 24 2024
This week the median list price for Franktown, CO is $1,750,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 31. Click here to stay informed with the Franktown market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $1,750,000
Median Price of New Listings $2,350,000
Per Square Foot $338
Average Days on Market 122
Median Days on Market 63
Price Decreased 42%
Price Increased 0%
Relisted 3%
Inventory 31
Median Rent
Market Action 37
Slight Seller's Advantage

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
$2,435,000 5,702 1 - 2.5 acres 5 5 2 1 0 70
$1,924,000 6,036 10 - 20 acres 4 4.5 12 0 0 196
$1,440,000 4,774 2.5 - 5 acres 4 3.5 28 0 0 38
$1,137,500 3,258 5 - 10 acres 4 3.3 39 0 0 24