Your Local Market Report

Thornton, CO

Condos/Townhomes

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Thornton, CO

Fri Feb 26 2021
This week the median list price for Thornton, CO is $248,200 with the market action index hovering around 89. This is less than last month's market action index of 90. Inventory has held steady at or around 10. Click here to stay informed with the Thornton 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.

Thornton, CO

Fri Feb 26 2021
This week the median list price for Thornton, CO is $248,200 with the market action index hovering around 89. This is less than last month's market action index of 90. Inventory has held steady at or around 10. Click here to stay informed with the Thornton 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 Thornton market.
Median List Price $248,200
Per Square Foot $215
Days on Market 14
Price Decreased 20%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Most Expensive $429,900
Least Expensive $128,000
Market Action 89
Strong Seller's Market

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
$417,450 1,863 0 - 4,500 sqft 2 2 17 1 0 10
$299,950 1,549 0 - 4,500 sqft 2 3 36 1 1 3
$240,000 1,088 0 - 4,500 sqft 2 2 54 1 2 63
$136,900 567 0 - 4,500 sqft 1 1 48 1 2 28