Great NoCo Homes Market Update

Estes Park, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Estes Park, CO

Thu Sep 21 2023
This week the median list price for Estes Park, CO is $1,012,500 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has decreased to 48. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Estes Park, CO

Thu Sep 21 2023
This week the median list price for Estes Park, CO is $1,012,500 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has decreased to 48. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $1,012,500
Median Price of New Listings $774,500
Per Square Foot $399
Average Days on Market 83
Median Days on Market 56
Price Decreased 46%
Price Increased 0%
Relisted 10%
Inventory 48
Median Rent
Market Action 34
Slight Seller's Advantage

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,745,000 4,399 1 - 2.5 acres 4 4 17 1 0 59
$1,297,500 3,068 1 - 2.5 acres 4 3 24 0 4 63
$877,000 2,476 0.5 - 1 acre 4 3 33 1 3 49
$674,500 1,340 0.25 - 0.5 acre 3 2 63 2 1 66