Market Report
Minturn, CO 81645
Single-Family Homes
www.titlecorockies.com
Minturn, CO 81645
Fri Jul 26 2024
This week the median list price for Minturn, CO 81645 is $2,532,500 with the market action index hovering around 21. This is about the same as last month's market action index of 21. Inventory has increased to 20.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $2,532,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $947 | |
| Average Days on Market | 123 | |
| Median Days on Market | 196 | |
| Price Decreased | 15% | |
| Price Increased | 60% | |
| Relisted | 0% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 21 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $2,985,000 | 3,727 | 6,500 - 8,000 sqft | 4 | 5 | 0 | 0 | 1 | 196 |
| $2,590,000 | 2,712 | 6,500 - 8,000 sqft | 4 | 3 | 0 | 0 | 0 | 196 |
| $2,240,000 | 2,426 | 6,500 - 8,000 sqft | 3 | 3 | 0 | 0 | 0 | 126 |
| $1,615,000 | 1,512 | 4,500 - 6,500 sqft | 3 | 2 | 84 | 0 | 0 | 21 |