Your Local Market Report

Commerce City, CO

Single-Family Homes

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Commerce City, CO

Tue Mar 02 2021
This week the median list price for Commerce City, CO is $460,425 with the market action index hovering around 81. This is less than last month's market action index of 85. Inventory has held steady at or around 38. 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 started cooling and prices have been flat for several weeks. Since 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

Tue Mar 02 2021
This week the median list price for Commerce City, CO is $460,425 with the market action index hovering around 81. This is less than last month's market action index of 85. Inventory has held steady at or around 38. 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 started cooling and prices have been flat for several weeks. Since 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 $460,425
Per Square Foot $199
Days on Market 11
Price Decreased 8%
Price Increased 13%
Relisted 5%
Inventory 38
Median Rent $2,283
Most Expensive $1,850,000
Least Expensive $274,391
Market Action 81
Strong Seller's Market

The market is 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
$589,000 3,960 8,000 - 10,000 sqft 4 3 4 6 4 7
$491,900 2,812 4,500 - 6,500 sqft 4 3 0 2 2 7
$447,400 1,965 4,500 - 6,500 sqft 3 3 0 1 2 14
$397,500 1,500 6,500 - 8,000 sqft 3 2 40 1 7 21