Great NoCo Homes Market Update

Estes Park, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Estes Park, CO

Fri May 27 2022
This week the median list price for Estes Park, CO is $869,750 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has increased to 20. Click here to stay informed with the Estes Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Estes Park, CO

Fri May 27 2022
This week the median list price for Estes Park, CO is $869,750 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has increased to 20. Click here to stay informed with the Estes Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $869,750
Median Price of New Listings $849,750
Per Square Foot $432
Average Days on Market 60
Median Days on Market 7
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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 3,814 2.5 - 5 acres 3 2.5 46 1 0 77
$1,095,000 2,212 1 - 2.5 acres 3 2.5 28 4 1 0
$800,000 1,859 0.5 - 1 acre 3 2.5 44 2 0 7
$455,000 1,186 8,000 - 10,000 sqft 2 1 75 3 1 7