First Integrity Title Market Report

Strasburg, CO

Single-Family Homes

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Strasburg, CO

Tue Dec 03 2024
This week the median list price for Strasburg, CO is $512,490 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has increased to 34. Click here to stay informed with the Strasburg market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Strasburg, CO

Tue Dec 03 2024
This week the median list price for Strasburg, CO is $512,490 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has increased to 34. Click here to stay informed with the Strasburg market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Strasburg market.
Median List Price $512,490
Median Price of New Listings $0
Per Square Foot $300
Average Days on Market 80
Median Days on Market 49
Price Decreased 53%
Price Increased 6%
Relisted 9%
Inventory 34
Median Rent
Market Action 36
Slight Seller's Advantage

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
$887,000 3,578 2.5 - 5 acres 4 3.1 19 0 0 45
$694,600 2,162 5 - 10 acres 4 2.3 11 0 2 126
$469,900 1,572 8,000 - 10,000 sqft 3 2.5 1 0 0 21
$415,000 1,253 8,000 - 10,000 sqft 2 2 1 0 2 49