First American Market Report

Lakewood, CO

Single-Family Homes

First American Title | 303.305.1350 | www.firstam.com/title/co



Lakewood, CO

Fri Feb 21 2020
This week the median list price for Lakewood, CO is $559,000 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has held steady at or around 75. Click here to stay informed with the Lakewood market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lakewood, CO

Fri Feb 21 2020
This week the median list price for Lakewood, CO is $559,000 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has held steady at or around 75. Click here to stay informed with the Lakewood market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $559,000
Per Square Foot $244
Days on Market 63
Price Decreased 37%
Price Increased 4%
Relisted 12%
Inventory 75
Median Rent $1,998
Most Expensive $3,250,000
Least Expensive $259,900
Market Action 64
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,107,500 4,089 0.25 - 0.5 acre 4 3 17 4 3 99
$665,000 2,875 8,000 - 10,000 sqft 4 3 24 5 4 71
$499,900 2,224 0.25 - 0.5 acre 4 2 57 8 3 56
$418,000 1,701 6,500 - 8,000 sqft 3 2 64 7 4 28