First American Market Report

Commerce City, CO

Single-Family Homes

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Commerce City, CO

Sun Jul 12 2020
This week the median list price for Commerce City, CO is $471,481 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 78. Click here to stay informed with the Commerce City market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Commerce City, CO

Sun Jul 12 2020
This week the median list price for Commerce City, CO is $471,481 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 78. Click here to stay informed with the Commerce City market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Commerce City market.
Median List Price $471,481
Per Square Foot $194
Days on Market 46
Price Decreased 36%
Price Increased 12%
Relisted 3%
Inventory 78
Median Rent $2,323
Most Expensive $930,000
Least Expensive $235,000
Market Action 62
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$585,000 3,615 6,500 - 8,000 sqft 4 3 3 5 2 46
$519,000 3,121 6,500 - 8,000 sqft 4 3 6 1 3 88
$459,992 2,243 4,500 - 6,500 sqft 3 2 0 4 2 37
$407,000 1,736 4,500 - 6,500 sqft 3 2 4 7 11 14