Great NoCo Homes Market Update

Estes Park, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Estes Park, CO

Sat Apr 13 2024
This week the median list price for Estes Park, CO is $1,022,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has decreased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Estes Park, CO

Sat Apr 13 2024
This week the median list price for Estes Park, CO is $1,022,000 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has decreased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $1,022,000
Median Price of New Listings $1,245,000
Per Square Foot $439
Average Days on Market 150
Median Days on Market 70
Price Decreased 29%
Price Increased 3%
Relisted 9%
Inventory 34
Median Rent
Market Action 38
Slight Seller'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
$1,639,500 3,535 1 - 2.5 acres 4 3.3 21 1 2 80
$1,235,000 3,149 1 - 2.5 acres 4 3 26 1 1 161
$949,000 2,115 0.5 - 1 acre 3 3 17 0 1 35
$625,000 1,230 0.25 - 0.5 acre 3 2 74 1 2 70