First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Franktown, CO

Mon Jul 22 2019
This week the median list price for Franktown, CO is $875,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 35. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Franktown, CO

Mon Jul 22 2019
This week the median list price for Franktown, CO is $875,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 35. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $875,000
Per Square Foot $184
Days on Market 105
Price Decreased 57%
Price Increased 0%
Relisted 17%
Inventory 35
Median House Rent
Most Expensive $2,795,000
Least Expensive $547,500
Market Action Index
Slight Buyer's Advantage
27

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
$1,697,499 8,080 N/A 5 4 8 0 0 157
$1,098,000 5,511 5 - 10 acres 4 4 24 0 0 90
$789,000 5,337 5 - 10 acres 4 3 28 1 0 80
$675,000 3,595 5 - 10 acres 4 3 29 1 0 100