First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171


Franktown, CO

Wed Aug 04 2021
This week the median list price for Franktown, CO is $1,485,990 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has decreased to 11. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Franktown, CO

Wed Aug 04 2021
This week the median list price for Franktown, CO is $1,485,990 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has decreased to 11. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $1,485,990
Median Price of New Listings $0
Per Square Foot $278
Average Days on Market 69
Median Days on Market 56
Price Decreased 27%
Price Increased 9%
Relisted 9%
Inventory 11
Median Rent
Market Action 50
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,747,500 8,905 10 - 20 acres 5 7 14 0 1 136
$1,750,000 6,209 5 - 10 acres 5 6 17 0 0 56
$1,445,000 5,269 2.5 - 5 acres 5 4 0 0 0 70
$950,000 3,632 5 - 10 acres 4 4 43 0 0 42