First American Market Report

Commerce City, CO

Single-Family Homes

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Commerce City, CO

Fri Feb 21 2020
This week the median list price for Commerce City, CO is $437,950 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 64. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Commerce City, CO

Fri Feb 21 2020
This week the median list price for Commerce City, CO is $437,950 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 64. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Commerce City market.
Median List Price $437,950
Per Square Foot $195
Days on Market 49
Price Decreased 30%
Price Increased 14%
Relisted 5%
Inventory 64
Median Rent $2,295
Most Expensive $735,000
Least Expensive $180,000
Market Action 61
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
$559,975 2,797 8,000 - 10,000 sqft 4 2 1 2 0 48
$482,250 2,830 4,500 - 6,500 sqft 3 2 5 3 3 82
$420,020 2,078 4,500 - 6,500 sqft 3 2 1 3 5 34
$337,361 1,575 4,500 - 6,500 sqft 3 2 51 9 4 29