Market Report
Frisco, CO 80443
Single-Family Homes
www.titlecorockies.com
Frisco, CO 80443
Mon Apr 22 2019
This week the median list price for Frisco, CO 80443 is $1,325,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 16.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Slight Buyer's Advantage
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,325,000 | |
| Per Square Foot | $449 | |
| Days on Market | 249 | |
| Price Decreased | 56% | |
| Price Increased | 31% | |
| Relisted | 6% | |
| Inventory | 16 | |
| Median House Rent | ||
| Most Expensive | $3,250,000 | |
| Least Expensive | $98,000 | |
| Market Action Index Slight Buyer's Advantage | 25 |
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,389,444 | 4,716 | 8,000 - 10,000 sqft | 6 | 5 | 9 | 0 | 0 | 337 |
| $1,375,000 | 2,752 | 0.25 - 0.5 acre | 4 | 3 | 23 | 0 | 1 | 224 |
| $1,239,500 | 4,033 | 0.5 - 1 acre | 5 | 3 | 9 | 0 | 0 | 264 |
| $824,000 | 4,139 | 0.25 - 0.5 acre | 5 | 4 | 22 | 0 | 0 | 171 |