Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

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



Bailey, CO

Sat Jul 20 2024
This week the median list price for Bailey, CO is $690,000 with the market action index hovering around 32. This is less than last month's market action index of 38. Inventory has increased to 62. 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.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Bailey, CO

Sat Jul 20 2024
This week the median list price for Bailey, CO is $690,000 with the market action index hovering around 32. This is less than last month's market action index of 38. Inventory has increased to 62. 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.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Bailey market.
Median List Price $690,000
Median Price of New Listings $700,000
Per Square Foot $333
Average Days on Market 66
Median Days on Market 42
Price Decreased 52%
Price Increased 0%
Relisted 3%
Inventory 62
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$1,150,000 3,568 5 - 10 acres 4 3 28 1 2 49
$809,000 2,398 1 - 2.5 acres 3 2.5 31 0 1 70
$587,250 1,896 1 - 2.5 acres 3 2 29 0 2 24
$430,000 960 0.5 - 1 acre 2 1 45 1 4 49