First Integrity Title Market Report

Franktown, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Franktown, CO

Thu Nov 14 2019
This week the median list price for Franktown, CO is $915,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Franktown, CO

Thu Nov 14 2019
This week the median list price for Franktown, CO is $915,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 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 Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $915,000
Per Square Foot $210
Days on Market 141
Price Decreased 58%
Price Increased 3%
Relisted 26%
Inventory 31
Median Rent
Most Expensive $2,795,000
Least Expensive $485,000
Market Action 27
Slight Buyer'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
$1,500,000 7,616 N/A 6 6 18 0 0 195
$1,059,000 5,384 5 - 10 acres 4 3 0 0 0 167
$779,000 5,680 5 - 10 acres 4 4 31 1 2 108
$649,950 3,062 5 - 10 acres 4 3 33 0 0 99