Tue Feb 18 2020
This week the median list price for Fruita, CO is $367,736 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 48.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$367,736|
|Per Square Foot||$195|
|Days on Market||99|
|Slight Seller's Advantage|
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$662,450||2,930||2.5 - 5 acres||4||3||13||1||2||148|
|$470,000||2,086||0.25 - 0.5 acre||4||3||9||1||1||125|
|$329,250||1,831||6,500 - 8,000 sqft||3||2||15||5||2||31|
|$255,000||1,365||6,500 - 8,000 sqft||3||2||40||2||3||88|