Your Localized Market Report
Basalt, CO 81621
Single-Family Homes
Tobias Rimkus | 970-355-3360 | tobias@rimkusrealestate.com
Basalt, CO 81621
Sun Jul 06 2025
This week the median list price for Basalt, CO 81621 is $3,850,000 with the market action index hovering around 25. This is an increase over last month's market action index of 22. Inventory has held steady at or around 33.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $3,850,000 | |
| Median Price of New Listings | $16,225,000 | |
| Per Square Foot | $1,212 | |
| Average Days on Market | 133 | |
| Median Days on Market | 63 | |
| Price Decreased | 9% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 33 | |
| Median Rent | ||
| Market Action | 25 | |
| Slight Buyer's Advantage | ||
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict 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 |
|---|---|---|---|---|---|---|---|---|
| $15,500,000 | 4,538 | N/A | 4 | 5 | 23 | 1 | 1 | 56 |
| $4,900,000 | 4,050 | 0.5 - 1 acre | 4 | 4.5 | 28 | 0 | 0 | 77 |
| $3,272,500 | 2,381 | 2.5 - 5 acres | 3 | 3.5 | 25 | 1 | 0 | 119 |
| $1,922,500 | 2,121 | 1 - 2.5 acres | 3 | 2 | 33 | 0 | 0 | 77 |