First American Market Report

Thornton, CO

Condos/Townhomes

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Thornton, CO

Sat Jul 11 2020
This week the median list price for Thornton, CO is $282,250 with the market action index hovering around 68. This is an increase over last month's market action index of 62. Inventory has held steady at or around 20. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Thornton, CO

Sat Jul 11 2020
This week the median list price for Thornton, CO is $282,250 with the market action index hovering around 68. This is an increase over last month's market action index of 62. Inventory has held steady at or around 20. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Thornton market.
Median List Price $282,250
Per Square Foot $222
Days on Market 41
Price Decreased 35%
Price Increased 5%
Relisted 5%
Inventory 20
Median Rent $1,265
Most Expensive $469,000
Least Expensive $129,900
Market Action 68
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. 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
$430,000 1,622 0 - 4,500 sqft 2 2 13 2 2 44
$305,000 1,292 0 - 4,500 sqft 2 2 18 1 2 30
$273,000 1,292 0 - 4,500 sqft 2 2 18 2 1 22
$169,900 859 0.25 - 0.5 acre 2 1 47 0 0 64