First Integrity Title Market Report

Franktown, CO

Single-Family Homes

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Franktown, CO

Tue Jun 06 2023
This week the median list price for Franktown, CO is $1,859,990 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has increased to 25. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Franktown, CO

Tue Jun 06 2023
This week the median list price for Franktown, CO is $1,859,990 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has increased to 25. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $1,859,990
Median Price of New Listings $1,237,000
Per Square Foot $379
Average Days on Market 106
Median Days on Market 56
Price Decreased 32%
Price Increased 0%
Relisted 4%
Inventory 25
Median Rent
Market Action 32
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$2,399,000 5,739 2.5 - 5 acres 4 4.5 2 0 0 49
$2,064,995 5,231 1 - 2.5 acres 4 4.5 1 1 0 105
$1,349,000 5,014 5 - 10 acres 5 3.8 28 1 0 73
$1,075,000 3,307 5 - 10 acres 3 2.5 37 2 1 56