First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Franktown, CO

Sat Aug 13 2022
This week the median list price for Franktown, CO is $1,500,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 34. 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Franktown, CO

Sat Aug 13 2022
This week the median list price for Franktown, CO is $1,500,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has increased to 34. 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 has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $1,500,000
Median Price of New Listings $1,255,000
Per Square Foot $305
Average Days on Market 70
Median Days on Market 56
Price Decreased 56%
Price Increased 3%
Relisted 15%
Inventory 34
Median Rent
Market Action 35
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$2,374,500 5,868 1 - 2.5 acres 4 5 0 0 2 31
$1,737,500 5,720 5 - 10 acres 4 4.8 33 0 0 66
$1,399,000 4,424 10 - 20 acres 4 3 30 3 0 49
$1,149,900 4,028 5 - 10 acres 4 3.5 38 2 0 91