Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

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



Bailey, CO

Mon Sep 21 2020
This week the median list price for Bailey, CO is $382,500 with the market action index hovering around 75. This is an increase over last month's market action index of 72. Inventory has held steady at or around 18. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Bailey, CO

Mon Sep 21 2020
This week the median list price for Bailey, CO is $382,500 with the market action index hovering around 75. This is an increase over last month's market action index of 72. Inventory has held steady at or around 18. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Bailey market.
Median List Price $382,500
Per Square Foot $263
Days on Market 69
Price Decreased 22%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent $1,100
Most Expensive $750,000
Least Expensive $114,900
Market Action 75
Strong Seller's Market

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
$627,500 1,874 2.5 - 5 acres 3 2 20 0 0 47
$466,000 1,924 0.5 - 1 acre 3 2 29 1 0 26
$333,000 1,168 0.5 - 1 acre 2 1 40 3 2 26
$249,000 620 0.25 - 0.5 acre 1 1 58 1 0 163