Market Report

Minturn, CO 81645

Single-Family Homes

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Minturn, CO 81645

Sat Mar 02 2024
This week the median list price for Minturn, CO 81645 is $2,562,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 16. Click here to stay informed with the Minturn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Minturn, CO 81645

Sat Mar 02 2024
This week the median list price for Minturn, CO 81645 is $2,562,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 16. Click here to stay informed with the Minturn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Minturn market.
Median List Price $2,562,500
Median Price of New Listings $1,975,000
Per Square Foot $897
Average Days on Market 46
Median Days on Market 49
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 27
Slight Buyer's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$2,625,000 2,971 6,500 - 8,000 sqft 4 4.5 0 0 0 49
$2,625,000 2,971 6,500 - 8,000 sqft 4 4.5 0 0 1 49
$2,460,000 2,712 6,500 - 8,000 sqft 4 3 0 0 0 49
$2,285,000 2,490 6,500 - 8,000 sqft 3 2.5 0 1 0 49