Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

Chicago Title of Colorado | laura.roberts@ctt.com | 720-648-3039



Bailey, CO

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

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.

Bailey, CO

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

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 Bailey market.
Median List Price $423,100
Per Square Foot $198
Days on Market 48
Price Decreased 44%
Price Increased 2%
Relisted 8%
Inventory 61
Median House Rent $1,800
Most Expensive $1,050,000
Least Expensive $119,900
Market Action Index
Strong Seller's Market
45

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$653,000 3,552 2.5 - 5 acres 4 3 22 2 0 59
$475,000 2,580 1 - 2.5 acres 3 3 38 4 3 41
$392,000 1,821 1 - 2.5 acres 3 2 35 3 2 37
$309,500 1,486 0.5 - 1 acre 2 1 47 1 2 54