Laura Roberts' Market Report

Bailey, CO

Single-Family Homes

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



Bailey, CO

Mon Jun 17 2019
This week the median list price for Bailey, CO is $417,500 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 40. Click here to stay informed with the Bailey market!

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 started cooling and prices have been flat for several weeks. Since 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

Mon Jun 17 2019
This week the median list price for Bailey, CO is $417,500 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has held steady at or around 40. Click here to stay informed with the Bailey market!

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 started cooling and prices have been flat for several weeks. Since 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 $417,500
Per Square Foot $198
Days on Market 50
Price Decreased 45%
Price Increased 3%
Relisted 10%
Inventory 40
Median House Rent $1,100
Most Expensive $720,000
Least Expensive $119,900
Market Action Index
Strong Seller's Market
50

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
$620,000 3,141 2.5 - 5 acres 4 3 23 1 2 95
$472,250 2,602 1 - 2.5 acres 3 3 29 3 3 14
$392,000 1,884 1 - 2.5 acres 3 2 32 2 1 57
$320,000 1,494 0.5 - 1 acre 2 1 43 4 3 36