Great NoCo Homes Market Update

Estes Park, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Estes Park, CO

Sat Nov 27 2021
This week the median list price for Estes Park, CO is $749,450 with the market action index hovering around 54. This is less than last month's market action index of 63. Inventory has increased to 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Estes Park, CO

Sat Nov 27 2021
This week the median list price for Estes Park, CO is $749,450 with the market action index hovering around 54. This is less than last month's market action index of 63. Inventory has increased to 18. 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 been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $749,450
Median Price of New Listings $687,450
Per Square Foot $371
Average Days on Market 60
Median Days on Market 46
Price Decreased 22%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent $3,000
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,242,500 3,742 2.5 - 5 acres 3 4 19 1 0 98
$1,162,000 3,437 1 - 2.5 acres 4 3.5 51 1 0 66
$675,000 2,168 0.5 - 1 acre 3 2 40 3 0 0
$575,000 1,493 0.25 - 0.5 acre 3 2 49 3 0 42