Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

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



Bailey, CO

Thu Sep 16 2021
This week the median list price for Bailey, CO is $542,450 with the market action index hovering around 67. This is less than last month's market action index of 71. Inventory has held steady at or around 32. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Bailey, CO

Thu Sep 16 2021
This week the median list price for Bailey, CO is $542,450 with the market action index hovering around 67. This is less than last month's market action index of 71. Inventory has held steady at or around 32. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Bailey market.
Median List Price $542,450
Median Price of New Listings $489,000
Per Square Foot $293
Average Days on Market 27
Median Days on Market 14
Price Decreased 41%
Price Increased 3%
Relisted 6%
Inventory 32
Median Rent $1,100
Market Action 67
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$974,950 3,924 5 - 10 acres 4 4 24 1 1 45
$625,000 2,242 1 - 2.5 acres 3 3 27 3 2 28
$494,000 1,700 1 - 2.5 acres 3 2 30 3 1 14
$386,500 1,005 0.5 - 1 acre 2 1 46 2 3 7