First American Market Report

Thornton, CO

Condos/Townhomes

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Thornton, CO

Fri Feb 21 2020
This week the median list price for Thornton, CO is $276,000 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has held steady at or around 12. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Thornton, CO

Fri Feb 21 2020
This week the median list price for Thornton, CO is $276,000 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has held steady at or around 12. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Thornton market.
Median List Price $276,000
Per Square Foot $212
Days on Market 36
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent $1,509
Most Expensive $429,900
Least Expensive $124,500
Market Action 70
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$340,000 1,448 0 - 4,500 sqft 2 2 8 1 0 51
$285,000 1,171 0 - 4,500 sqft 2 2 18 1 1 9
$245,000 1,248 0 - 4,500 sqft 2 2 47 2 1 44
$129,900 744 0 - 4,500 sqft 1 1 47 1 0 39