Market Report
Grand Lake, CO 80447
Single-Family Homes
www.titlecorockies.com
Grand Lake, CO 80447
Sat Nov 27 2021
This week the median list price for Grand Lake, CO 80447 is $1,196,500 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 30.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $1,196,500 | |
| Median Price of New Listings | $1,795,000 | |
| Per Square Foot | $390 | |
| Average Days on Market | 157 | |
| Median Days on Market | 130 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 17% | |
| Inventory | 30 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,975,000 | 7,802 | 1 - 2.5 acres | 5 | 6 | 13 | 0 | 0 | 154 |
| $1,795,000 | 4,020 | 2.5 - 5 acres | 4 | 4 | 15 | 2 | 0 | 133 |
| $1,185,450 | 3,446 | 0.5 - 1 acre | 3 | 3 | 29 | 0 | 0 | 77 |
| $654,500 | 1,386 | 0.25 - 0.5 acre | 2 | 2 | 44 | 1 | 1 | 77 |