Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

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



Bailey, CO

Mon May 17 2021
This week the median list price for Bailey, CO is $460,000 with the market action index hovering around 68. This is less than last month's market action index of 74. Inventory has increased to 9. Click here to stay informed with the Bailey market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Bailey, CO

Mon May 17 2021
This week the median list price for Bailey, CO is $460,000 with the market action index hovering around 68. This is less than last month's market action index of 74. Inventory has increased to 9. Click here to stay informed with the Bailey market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Bailey market.
Median List Price $460,000
Median Price of New Listings $437,500
Per Square Foot $307
Average Days on Market 5
Median Days on Market 0
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent $1,100
Market Action 68
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
$1,145,000 2,392 10 - 20 acres 2 3 7 1 0 7
$559,750 1,960 0.5 - 1 acre 3 2 28 1 0 3
$455,000 2,306 1 - 2.5 acres 3 2 42 1 1 7
$415,000 832 0.5 - 1 acre 2 1 42 3 1 0