Market Report
Minturn, CO 81645
Single-Family Homes
www.titlecorockies.com
Minturn, CO 81645
Sun Sep 15 2024
This week the median list price for Minturn, CO 81645 is $2,590,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has decreased to 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $2,590,000 | |
| Median Price of New Listings | $1,675,000 | |
| Per Square Foot | $955 | |
| Average Days on Market | 203 | |
| Median Days on Market | 245 | |
| Price Decreased | 19% | |
| Price Increased | 25% | |
| Relisted | 0% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code hover around their high point. Look for a persistent shift in the Market Action Index before we see prices deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,280,000 | 3,518 | 6,500 - 8,000 sqft | 4 | 4.5 | 0 | 0 | 0 | 245 |
| $2,690,000 | 2,840 | 6,500 - 8,000 sqft | 4 | 3.3 | 0 | 0 | 0 | 245 |
| $2,357,500 | 2,261 | 6,500 - 8,000 sqft | 3 | 2.5 | 0 | 0 | 0 | 245 |
| $1,387,500 | 1,512 | 4,500 - 6,500 sqft | 3 | 1.3 | 28 | 1 | 0 | 87 |