Market Report
Frisco, CO 80443
Condos/Townhomes
www.titlecorockies.com
Frisco, CO 80443
Mon Apr 22 2019
This week the median list price for Frisco, CO 80443 is $659,500 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has held steady at or around 32.
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 Seller's Advantage
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $659,500 | |
| Per Square Foot | $523 | |
| Days on Market | 131 | |
| Price Decreased | 56% | |
| Price Increased | 28% | |
| Relisted | 0% | |
| Inventory | 32 | |
| Median Apartment Rent | ||
| Most Expensive | $1,675,000 | |
| Least Expensive | $89,500 | |
| Market Action Index Slight Seller's Advantage | 40 |
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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 |
|---|---|---|---|---|---|---|---|---|
| $1,349,500 | 2,492 | 0 - 4,500 sqft | 4 | 3 | 13 | 1 | 0 | 124 |
| $696,500 | 1,350 | 0 - 4,500 sqft | 3 | 2 | 43 | 1 | 0 | 202 |
| $597,250 | 859 | - | 2 | 2 | 21 | 1 | 1 | 56 |
| $424,000 | 956 | - | 2 | 2 | 19 | 0 | 2 | 141 |