Market Report
Silverthorne, CO 80498
Single-Family Homes
www.titlecorockies.com
Silverthorne, CO 80498
Sat Aug 17 2019
This week the median list price for Silverthorne, CO 80498 is $1,245,000 with the market action index hovering around 34. This is an increase over last month's market action index of 30. Inventory has held steady at or around 55.
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 | $1,245,000 | |
| Per Square Foot | $350 | |
| Days on Market | 132 | |
| Price Decreased | 49% | |
| Price Increased | 29% | |
| Relisted | 7% | |
| Inventory | 55 | |
| Median House Rent | $2,750 | |
| Most Expensive | $2,695,000 | |
| Least Expensive | $195,000 | |
| Market Action Index Slight Seller's Advantage | 34 |
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,175,000 | 4,283 | 0.5 - 1 acre | 4 | 4 | 14 | 1 | 1 | 143 |
| $1,480,000 | 3,618 | 0.5 - 1 acre | 4 | 4 | 12 | 0 | 3 | 151 |
| $1,018,087 | 3,171 | 0.25 - 0.5 acre | 4 | 3 | 16 | 0 | 3 | 86 |
| $549,950 | 2,193 | 0.5 - 1 acre | 3 | 2 | 25 | 1 | 3 | 149 |