First American Market Report

Lakewood, CO

Condos/Townhomes

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Lakewood, CO

Sun Jul 12 2020
This week the median list price for Lakewood, CO is $302,500 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has held steady at or around 54. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Lakewood, CO

Sun Jul 12 2020
This week the median list price for Lakewood, CO is $302,500 with the market action index hovering around 61. This is an increase over last month's market action index of 54. Inventory has held steady at or around 54. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $302,500
Per Square Foot $258
Days on Market 38
Price Decreased 33%
Price Increased 0%
Relisted 2%
Inventory 54
Median Rent $1,645
Most Expensive $1,169,000
Least Expensive $142,900
Market Action 61
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
$441,400 1,550 0 - 4,500 sqft 3 2 0 2 3 55
$340,000 1,381 0 - 4,500 sqft 2 2 36 5 5 21
$282,500 1,078 6,500 - 8,000 sqft 2 2 37 4 5 29
$203,375 873 6,500 - 8,000 sqft 2 1 39 1 6 45